News

Following the recent bid by Lac Minerals (TSE) and Cyprus Minerals (NYSE) for a 51% stake in Chile’s El Abra copper deposit, Inco (TSE) has thrown its hat into the ring. At a meeting in Toronto, Inco …

In September, the metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index dropped to its lowest level since December, 1985. While copper prices dropped further in October, nicke…

Reflecting an improved outlook in the general economy, some base metals appear to be entering a stable period. Mine producers, especially the high-cost ones, are seriously setting about reducing outpu…

A survey suggests Canadians understand problems faced by the Canadian mining industry. The survey, by Decima Research, was commissioned by “Keep Mining in Canada” (KMIC), a group launched in September…

Wetlands for waterfowl, productive crop lands, lush pastures, improved wildlife habitat, pleasing landscapes — these are legacies of surface coal mining where reclamation excellence is part of a comp…

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…

As part of an ongoing prefeasibility study of its Taysan copper-gold project in the Philippines, Chase Resource (TSE) has released a study on infrastructure implications. Chase hopes to develop a 50,0…

The executive body of Wheaton River has not changed as reported in People (T.N.M., Nov. 22/93). The appointments were made to North American Metals, a company in which Wheaton River is a major shareho…

Engineering-construction firm Bechtel reports that associations it has made in Mexico, Venezuela, Chile and Brazil have begun to bear fruit. Bill Friend, in charge of the company’s Latin America effor…

Diamond hunters in Saskatchewan and Manitoba may soon have a new target area if the latest Lithoprobe survey over the Trans-Hudson Orogenic belt confirms the presence of a new Archean-aged craton. Sei…

Dundee-Palliser Resources (TSE) will buy an 11.7% interest, representing 17.5 million common shares, in MVP Capital (TSE) for 5 cents per share. A 10% convertible note will be issued for $562,500; the…

Joint-venture partners Western Copper Holdings (TSE) and Thermal Exploration (ASE) produced about 800 lb. of copper cathode during the first month of their pilot-plant project, near this northern comm…