News


Rea set to acquire Nevada gold project

A letter of intent gives Rea Gold (TSE) a purchase option on the Mt. Hamilton gold project in eastern Nevada. The option is part of an agreement with owner Costain Minerals. In return, Rea must pay Co…


PRODUCER PRICES (November 01, 1993)

ALUMINUM: MW U.S. market US51.50-52.50 cents per lb. (Oct. 21, 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, 19…


MSV output on the rise

Quebec gold-copper producer MSV Resources (ME) reports major increases in output during the third quarter. Gold production from its Chibougamau projects jumped by 33% to 13,271 oz., and copper product…


Cantung continues Chilean focus

Drilling is planned by Canada Tungsten (TSE) to provide samples for metallurgical testing at the Andacollo heap-leach copper project, 50 km from La Serena, Chile. The company recently acquired an opti…


Czech purchase approved for Royalstar Resources

Partners Royalstar Resources (VSE) and Paramount Ventures & Finance (VSE) have received approval from a Czech court for their acquisition of an 80% interest in a Czech company which owns the Kasperske…


PEOPLE — LAC DES ILES MINES

Ernie Marcotte appointed vice-president and general manager. NORTH AMERICAN PALLADIUM Ernie Marcotte appointed vice-president, mining operations.



Cusac secures funds for Table Mountain

Financing to place the Table Mountain project back into production is largely at hand for owner Cusac Industries (TSE). The company has secured a 14-month, US$2-million loan from a Swiss investor. The…



Orvana intersects high grade at Butte Highlands

The first hole of a planned US$300,000 program at the Butte Highlands gold project in central Montana has intersected 225 ft. grading 0.69 oz. gold per ton from 755 ft. to 980 ft. Orvana Minerals (TSE…



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