Alaska enlarges land area open to claim staking
More than 550,000 acres of state land in Alaska will soon be open to claim-stakers. Governor Walter Hickel made the announcement at the annual convention of the Alaska Miners Association. The land has…
News
Cambridge looks at Europe and CIS
The end of the Cold War has ushered in a warmer, more hospitable investment climate for mining in Eastern Europe. Among the companies attracted to this new climate is Cambridge Mineral Consultants. Re…
Bishop plans percussion drilling
Percussion drilling is expected to begin shortly on Bishop Resources International Exploration’s (CDN) Guadalupe gold property in northwestern Mexico. The program will focus on the Bentley Hill zone w…
Aronos expected to make Mexican production decision
Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…
Kaleeda to develop copper-gold plays in northern Chile
Kaleeda Enterprises (ASE) has entered a 50-50 joint venture with mining consultants R.F. Fry & Associates (Pacific) to develop and operate three properties in northern Chile. Two of the projects are c…
Eden Roc outlines gold anomaly
Eden Roc Minerals (TSE) has identified three major gold anomalies on a portion of its Ivory Coast exploration concession. One such anomaly runs for 900 meters, twice the length of the anomaly that out…
Valdez options Mexican prospect
Toronto-based Valdez Gold (ASE) has agreed to acquire two contiguous gold-mining claims in Mexico. Valdez will earn its interest in the Diana claims by paying US$2.3 million, of which US$1.9 million i…
Pioneer plans infill drilling
Infill drilling at Manitoba’s Puffy Lake gold mine should be under way by January, reports Pioneer Metals (TSE). The mine, northeast of Flin Flon, has been closed since 1989 and Pioneer hopes to retur…
Manitoba’s mining-friendly and open for business
Manitoba is mining-friendly and open for business. That was the message of provincial Mines Minister Donald Orchard here at the 25th Annual Manitoba Mining, Minerals and Petroleum Convention. And to h…
NEWS ROUNDUP — Hemlo to sell Central Crude stake
Gold producer Hemlo Gold Mines (TSE) is looking to sell its 48% interest in Central Crude (TSE) and its 60% interest in the Eagle River gold project, near Wawa. The decision followed a review of Eagle…
NEWS ROUNDUP — Spirit trenches LaSalle concession
Junior Spirit Lake Explorations (ME) has completed two of three previously announced private placements for a gross amount totaling $300,000. Proceeds will go toward exploring the LaSalle concession i…
PRODUCER PRICES (December 06, 1993)
ALUMINUM: MW U.S. market US49.5-50.5 cents per lb. (Nov. 11, 1993). 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, 1993…