PRODUCER PRICES (February 14, 1994)
ALUMINUM: MW U.S. market US57.50-59.50 cents per lb. (Jan. 27, 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…
News
Mystery gold find by Equinox
The location and property name are shrouded in mystery, yet drilling on a joint-venture somewhere in Nevada is pointing to a potentially significant gold discovery. Equinox Resources (TSE) reports tha…
Fording acquires Mexican wollastonite deposit
Deciding that carbonized vegetable matter is not everything, Fording Coal has bought a wollastonite property in northwestern Mexico. Through a wholly owned Mexican subsidiary, the Calgary-based compan…
U.S. MINING REPORT — Newmont seeks international mining
Already big names in gold mining, Newmont Mining (NYSE) and Newmont Gold (NYSE) can only continue to grow with their recently announced merger plans. Newmont Gold is currently North America’s largest …
Northwest Territories a vast store of mineral wealth
A wealth of minerals can be found in the Northwest Territories. Zinc, gold and lead are the major mineral commodities currently being exploited. Minor or byproduct commodities include silver, cadmium,…
NEWS ROUNDUP — InterStar ships first manganese ore
InterStar Mining (CDN) has shipped its first 6,350-tonne batch of manganese ore from a mine in Burkina Faso, West Africa. The mine contains 15 million tonnes of proven and developed, high-grade ore, o…
NEWS ROUNDUP — MacDonald options Cuban concession
Two companies — MacDonald Mines Exploration (CDN) and the Cuban entity, Geominera S.A. — have joined forces to explore a property in east-central Cuba. The 2,000-sq.-km concession, in Camaguey provi…
Chile’s Buchi to address PDAC convention luncheon
A former candidate for the presidency of Chile, Hernan Buchi, will speak at a luncheon on March 7 in Toronto during the annual convention of the Prospectors and Developers Association of Canada (PDAC)…
N.A. Rare Metals to join Sunstate
North American Rare Metals (ME) is set to amalgamate with Sunstate Cablesystems. Prior to doing so, North American will create a wholly owned subsidiary into which it will transfer all its assets. All…
LAST BUT NOT LEAST — Joint venture to buy Cassiar assets
Three companies have exercised an option to acquire the relevant assets and properties of Cassiar Mining. Cliff Resources (TSE) holds 30% in the joint venture, with an overriding 3.3% royalty on gross…
THE DIAMOND PAGE — Rhonda estimates diamond grade from small
Following drilling at its Snowden, Sask., joint-venture project, Rhonda Mining (ASE) reports that Hole 93-2 contained a 1.17-metre, bedded tuff unit averaging 52 carats per 100 tonnes, with a 0.5-mm c…
PEOPLE — TEXAS STAR RESOURCES
Robert Allen appointed vice-president, exploration.