News

TVI options Atlas gold-copper project

Calgary-based TVI Copper (ASE) and Manila-based Atlas Mining & Development have tentatively agreed to explore and develop a gold-copper prospect in the Philippines. TVI will earn a half interest in th…


Golden Regent options Slovak gold properties

Junior Golden Regent Resources (ASE) can earn a 66.7% interest in several gold properties in the Slovak Republic. It will acquire the interest from joint-venture partner Eco Trends Consulting of Brati…


International Gold Fund formed

A new venture capital fund has been formed for the purpose of acquiring direct equity and equity-related investments in gold mining companies or foreign gold projects. Investments of the latter type w…



COMMENTARY — Namibia attracting Canadians

As more and more Canadian mining companies move offshore, one country sure to gain prominence in the next few years is Namibia. Hidden in the shadow of South Africa for 75 years, Namibia is now being …


EDITORIAL PAGE — Qualifications please

“It’s no secret that the mining industry hasn’t been very forceful in pointing out its contribution to our economic well-being.” So says federal Natural Resources Minister Anne McLellan. There is some…


PRODUCER PRICES (March 14, 1994)

ALUMINUM: MW U.S. market US61.50-62.50 cents per lb. (Feb. 24, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…



Spot prices at a glance (March 14, 1994)

Week’s Price (US) Change Gold* $376.25 $0.20 Silver* $375.26 + $0.02 Platinum* $392.00 + $1.75 Nickel** $372.46 $0.13 Lead** $370.20 $0.00 Copper $370.86 + $0.02 Zinc $370.42 $0.01 Courtesy of Scotiab…


Production under way at Lac des Isles project

It has been explored since the early 1970s and suffered several delays at the permitting stage, but Canada’s first platinum group metals (PGM) mine is finally up and running. Situated 60 miles northwe…


Globe-trotting Cominco Res. spending $18 million

Vancouver-based Cominco Resources International (TSE) set out to explore and acquire mineral projects in geologically prospective terranes around the world. This year, it plans to drill at least 35 fo…


Barrick drills Corona porphyry in Peru

Six drills are turning on the Corona gold-copper porphyry property in northern Peru and another two are being moved on site. American Barrick Resources (TSE) is performing delineation drilling to earn…


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