Mexican potential attracts Europeans
Of the three countries that constitute the proposed North American Free Trade Agreement (NAFTA), Mexico has the best potential for European investment, according to the third Europe Business Monitor s…
News
PEOPLE — GOLDCAP (November 22, 1993)
Jonathan Rubenstein appointed director. N5…
METAL PRICES — FREE MARKET (November 22, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 16 Nov. 15 Nov. 12 Nov. 11 Nov. 10 Copper 1618-1619 1638-1639 1643-1644 1643-1644 1651-1652 Lead 399-400 400-401 396-397 396-397 39…
Granduc reviews mill expansion
Granduc Mines and Cazador Explorations have merged to form Granduc Mining (TSE) and the new entity is looking to expand its Keystone gold project in Manitoba. Granduc is earning a 50% interest in the …
Canuc completes new rights offering
A rights offering has netted Canuc Resources (CDN) about $510,000. The capital infusion will, once again, enable Canuc to explore for minerals. The company is currently evaluating two gold properties …
Placer and Minera Rayrock copper projects part of $5-billion
About $5 billion will be invested in Chile’s copper mining industry over the next three years, according to a survey by the Centre of Copper and Mining Studies (Cesco) in Santiago. Between 10 and 15 n…
Roca Roja operating Mexican heap-leach property
The wholly-owned Mexican subsidiary of Walhalla Mining of Australia officially opened, in mid-November, its Amelia heap-leach gold mine in the hills of northern Sonora state. Minera Roca Roja was plan…
Golconda drilling California gold play
Drilling has begun on Golconda Resources’ (ASE) Star City gold deposit in California. Previous work outlined a large reserve of low-grade gold mineralization minable by open-pit and heap-leach methods…
NEWS ROUNDUP — Mink, Viceroy expand Mali ground
Partners Mink Resources (VSE) and Viceroy Resources (TSE) are expanding their exploration program in West Africa. The joint venture will now explore a property owned by the Bureau de Recherches Geolog…
EDITORIAL PAGE — Bad timing
In case anyone needed reminding that Canadian mining has entered a new era, in which projects must be justified in terms not merely of economics but of environmental and social concerns as well, they …
More mixed results from Damoti Lake
Toronto-listed Athabaska Gold Resources has reported new drill results from the Damoti Lake property, and again the values are mixed. Assays from Hole D-15, drilled to test the east band of iron forma…
NEWS ROUNDUP — BHP options Matagami prospect
Alberta-listed Kingswood Resources has granted BHP Minerals Canada the right to earn a 70% interest in its base metal property southwest of Matagami, Que. BHP, which will operate the project, can earn…