The Inter-American Development Bank (IDB) of Washington, D.C., approved $6 billion in 1993 for projects in Latin America and the Caribbean. Created in 1959, the bank has approved more than $60 billion…
The march toward reform, democratic and economic, continues throughout Latin America. The pace of the reform movement may be uneven — the Brazilian economy appears to be standing on shaky legs and Cu…
Foreign influence on mining in Mexico continues to be felt with the recent openings of new gold mines. Long-time Mexican producers such as Torrez, whose foreign ownership (30%) today belongs to Homest…
Having completed a due diligence review, Cheni Gold Mines (TSE) has declined to bring to production the Summit Lake gold property near Stewart, B.C. A former producer, Summit Lake was owned by Tenajon…
With the recent closing of a $24-million financing, the Mt. Hamilton gold project in eastern Nevada is one step closer to production. Rea Gold (TSE) plans to use the net proceeds ($22.8 million) from …
Joint-venture partners Exall Resources (TSE) and American Barrick Resources (TSE) have acquired El Triunfo, a gold project on the southern tip of the Baja Peninsula. The project, which is contiguous w…
Graphite-producer Applied Carbon Technology is seeking funding to augment working capital. The Toronto-listed company has enlisted an investment banking firm to identify potential merger and acquisiti…
Partners Consolidated Oasis Resources (ME) and Soquem have drilled three holes in a second phase of drilling on their Fancamp gold project, near Chibougamau, Que. The drilling was carried out on the N…
Long thought of as a country with considerable unexplored copper potential, Argentina is providing some glimmer of hope for foreign investors seeking exploration properties. Copper has always been a m…
The British Columbia government has unveiled a $100-million, 5-year program to stimulate mineral exploration and enhance the mining industry’s ability to compete internationally. Gary Livingstone, pre…
So far this year, those metal sectors that themselves consume metals seem to have excaped the problems affecting the stock and bond areas. Companies in the steel, alloys and stainless sectors are all …
Junior CopperQuest (CDN) has finished drilling two Ontario properties and plans to carry out work in Saskatch-ewan as well. In Kidd Twp., north of Timmins, CopperQuest and joint-venture partner Regal …
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