Weather permitting, exploration and development drilling will soon begin at the San Fernando project in Durango state. Owner San Fernando Mining (VSE) expects to drill about 40,000 ft. in the upcoming…
Private Mexican company Metalurgica Costa Dorada hopes to prove up what could be one of the world’s largest sediment-hosted, stratiform copper deposits. The find is centred on the small town of Cuatro…
Alex McDonald appointed director.
Udo VonDoehren appointed vice-president and director.
Week’s Price (US) Change Gold* $389.00 + $0.80 Silver* $5.36 – $0.15 Platinum* $417.15 + $0.40 Nickel** $3.07 + $0.09 Lead** $0.29 $0.00 Copper $1.14 + $0.01 Zinc $0.48 + $0.01 Courtesy of Scotiabank….
ALUMINUM: MW U.S. market US79.5-80.5 cents per lb. (Oct. 6, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 29, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 29, 1993)…
Mexico is projected to produce 65 million oz. silver in 1994. The Silver Institute of Washington D.C., in its World Silver Survey 1994, says mine production in the country fell to 61 million oz. in 19…
Drilling on the Akie property in northeastern British Columbia continues to expand a zone of zinc mineralization. Metall Mining (TSE) is earning a 60% interest in the property from Ecstall Mining (VSE…
An exploration program is planned by Farallon Resources (VSE) at the Cobre Gigante and Mega Cobre copper concessions in northern Baja, Mexico. Farallon may earn a 70% interest in the concessions from …
Arizona-based Magma Copper (NYSE) has outbid six international competitors for control of newly privatized Empresa Minera Especial Tintaya, Peru’s second-largest copper producer. Magma paid the Peruvi…
Vancouver-listed Tako Resources can earn a half interest in the Malartic Twp. gold property in northwestern Quebec. The property, which is owned by JAG Mines (ME), covers an 11,000-ft. strike length o…
An initial drilling program of 15,000 ft. was planned by Golden News Resources (TSE) for its San Antonio gold property in Sonora state. Field work has identified two major east-west-trending structura…
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