Less than a year after it formed a joint-venture agreement to earn a 70% interest in the La Colorada property, Eldorado (VSE) has completed a pilot heap leach test and expects to be in production by t…
The owners of the Windy Craggy deposit in northwestern British Columbia will be demanding compensation of several hundred million dollars from the provincial government. Last week, the government expr…
Two Montreal-listed companies, Spirit Lake and Chesbar Resources, plan immediately to explore their newly acquired La Salle concession in the Anacoco area of Venezuela. The option (30% for each compan…
A 3-year arrangement allowing for the exchange of information on environmental technologies has been signed by CANMET (Canada Centre for Mineral and Energy Technology) and the Commission of European C…
A Swiss securities dealer has agreed to buy $1 million in convertible bonds and warrants from MVP Capital (TSE). MVP plans to use $500,000 of the proceeds, together with $500,000 already advanced to D…
Calgary-based Gold City Resources (ASE) has optioned 450 claim units in southern British Columbia from a private Alberta company in return for the issuance of shares. Exploration on the 25,000-acre pr…
Shareholders have approved the sale of Goldpost Resources’ (TSE) gold properties in northern Ontario to St Andrew Goldfields (TSE). The three contiguous properties — Hislop East, Holcorp and Valliere…
In its annual review, Falconbridge describes the Collahuasi copper project in northern Chile as the biggest exploration story of 1992. The bold statement illustrates just how important Chile has becom…
At the Aldebaran property in north-central Chile, Arizona Star Resource (VSE) expects to complete, by September, a pre-feasibility study for an open-pit heap-leach project. The company is earning a 51…
Toronto-listed Noranda has converted 16.3 million Series C preferred shares (92% of the total series) into common shares. Each convertible preferred share is equivalent to 1.15 common shares. As a res…
A pair of juniors have joined forces to develop and mine the Tyranite orebody at Gowganda, Ont. Under a 50-50 joint venture, Mill City Gold Mining (ASE) and Tyranex Gold (CDN) plan to drive further no…
Total annual production of wollastonite could approach 500,000 tonnes by 1995, according to a report from Roskill Information Services of London, England. Consequently, world demand could be exceeded …
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