Concern over proposed changes to the U.S. Mining Law lent a tone of apprehensiveness to a major mining conference held recently in this southwestern American city. More than 3,700 delegates attended t…
In what appears to be the final play in its bid for a stake in the Bajo de la Alumbrera project, Metall Mining (TSE) has withdrawn its bid for all the shares of International Musto Explorations (TSE)….
Funds raised by Altai Resources (TSE) through a 100,000-share private placement at $3 per share (T.N.M., Jan. 31/94) will be used for seismic survey work on gas permits in Quebec. Altai has interests …
Armed with more than $8 million from a private placement, Francisco Gold (VSE) is stepping up exploration in Mexico and Venezuela. The placement includes 2.5 million special warrants at $3.33 each. Th…
A $10-million private placement will enable Manhattan Minerals (VSE) to explore and develop three properties in Mexico. Most of the proceeds ($6 million) will be spent on the Moris gold project in the…
The Premier Gold mill is being modified to process 8,000 tonnes of concentrates from the Snip gold mine in northwestern British Columbia. Westmin Resources (TSE) will process a year’s production from …
A hole drilled by Nebex Resources (ASE) to test a deep, induced-polarization anomaly has intersected what appears to be a new gold zone near Yellowknife, N.W.T. Averaging 0.32 oz. gold per ton over 16…
Toronto-listed Altai Resources has acquired two new copper projects in Peru. The Achanizo deposit, in Caraveli province, contains seven known veins which range from 300 to 1,200 ft. in length and aver…
Vancouver-listed Republic Goldfields has identified two potential open-pit zones at the Congress gold project in Arizona. Reverse circulation drilling has partially defined the Golden Wave and Bellick…
The Australians did it. American regulators followed suit. And Canadians should do it, too . . . . . . Introduce diamond reporting standards, that is. In the early 1990s, a group of Australian diamond…
Latin America continues to beckon Toronto-listed Teck. The major is investing $1 million in Joutel Resources (TSE), in return for which it can earn a half interest in three of the former’s Cuban prope…
Metals markets continue to confound analysts. Inventories are high and rising, yet, inexplicably, prices have bounced smartly off their recent lows. While the long-term outlook for most metals is good…
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