A primer for Cuban-bound geologists
It comes as no surprise that mineral explorers are showing interest in the Santa Clara region of central Cuba. The area contains some of the most prospective geology on the island and hosts several hu…
News
Conwest, Faraday merger blessed
Conwest Exploration (TSE) and Faraday Resources (TSE) are officially wed, now that shareholders have voted in favor of merger. Also approved was a shareholder protection rights plan for the new compan…
First prize: trip to Africa
In keeping with its African safari theme for the annual fall fair of The Women’s Association of the Mining Industry of Canada (WAMIC), the first prize in a raffle will be two tickets to South Africa. …
Chetwynd buys interest in granite property
An agreement has been reached allowing Chetwynd Resources (CDN) to buy a 25% interest in privately owned Positano Granite Products. Positano holds seven claims near Sudbury, Ont., which contain a gran…
Cominco Resources selling Lobo in Chile
Under an agreement to buy a half interest in the Lobo gold deposit and adjacent properties, Teck (TSE) has paid a deposit of US$1.6 million to Cominco Resources International (TSE). The properties, in…
High River sees African potential
Toronto-based High River Gold Mines (TSE) is turning some of its attention to Africa. The junior, which is developing a gold project in Manitoba, has signed a letter of intent with an unnamed private …
Tintina acquiring Yukon molybdenum property
Regulators have approved Tintina Mines’ (TSE) purchase of Amoco Canada Petroleum’s 50% interest in the Red Mountain molybdenum deposit. Tintina currently owns the other half. The deposit, 50 miles nor…
EDITORIAL PAGE — The native alliance
Some years ago, the mining fraternity viewed with trepidation the settling of any land claim between government and aboriginal groups. The industry worried that each such agreement would mean yet anot…
Caribgold newest player on Cuban gold exploration scene
Among the mining companies scrambling for land positions in Cuba are several new players, the latest being Caribgold Mines. The Barbados-based private company is headed by David Bell, well-known consu…
PRODUCER PRICES (September 06, 1993)
ALUMINUM: MW U.S. market US55.75-56.75 cents per lb. (Aug. 12, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…
COUNTRY REPORT — CUBA AT A GLANCE
* Cuba has a population of about 11 million and a total land mass of 110,922 sq. km. It comprises the Island of Cuba (the largest in the Caribbean), the Isle of Youth and 1,600 keys and tiny islands. …
New Greenstone management team
At its annual meeting in Toronto, growing gold producer Greenstone Resources (TSE) introduced its new management team. Presenting themselves to shareholders were Chairman Hugh Snyder and President Pet…