PEOPLE — TREMINCO RESOURCES (May 24, 1993)
Richard Hughes appointed director.
News
Louvem completes financing
Montreal-based Louvem Mines (TSE), a subsidiary of St. Genevieve Resources (TSE), has completed a $700,000 private placement with a group of four investors. Pursuant to the placement, Louvem will issu…
Kalahari drills large anomalies
Kalahari Resources (VSE) has re-entered a 2,036-ft. hole drilled seven years ago on a 25-sq.-mile magnetic anomaly in Quebec’s Eastern Twps. To test the source and base metal potential of the anomaly,…
Europeans hunt for SEDEX deposits in southern Germany
Hamburger Metallkontor Gmbh & Co. of Hamburg, Germany, and partner Onshore Resources of Dublin, Ireland, are continuing their search for sedimentary-exhalitive (SEDEX) lead-zinc deposits in central Eu…
Cyprus drops zinc play in Utah
Colorado-based Cyprus Minerals (NYSE) has terminated its option on Noble Peak Resources’ (ASE) Crypto zinc property in Utah. Cyprus optioned the property in 1990 and carried out an exploration program…
Metals sub-index continues decline in March
The metal and mineral sub-index of the Bank of Nova Scotia’s commodity price index appears to be on a downward trend despite the recent surge in gold. The sub-index fell to a cyclical low in March and…
LATIN AMERICA ROUNDUP — Juniors target Venezuela’s Km 88
The recent spate of legal disputes over rights to concessions has not prevented junior companies from seeking to tie up ground in Venezuela’s Kilometer 88 district. Activity there is growing steadily,…
Curragh counting on Asian investors
Cash-strapped Curragh (TSE) says its future depends on a $50-million investment from foreign companies. In a report submitted to an Ontario court earlier this month, Curragh said it is negotiating wit…
Ads slam mining — Mean, green offensive targets Crown Jewel
“They take the gold. We keep the cyanide.” So warns a full-page advertisement in the April 12 issues of The Spokesman-Review and The New York Times (western edition). It is the latest blow in an attac…
Assays finally in on Miramar’s Bruner play
In Nevada, drilling on the Bruner property, owned by Miramar Mining (VSE), has returned encouraging intersections on the Duluth zone and on a previously identified zone southeast of the old Penelas mi…
Drillers mark half-century
The Canadian Diamond Drillers Association (CDDA) celebrated its 50th anniversary in early May amid the sun and fun of this hospitable southern U.S. city. The celebration was part of the Spotlight 93 c…
METALS PRICES — FREE MARKET (May 24, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 18 May 17 May 14 May 13 May 12 Copper 1171-1172 1129-1130 1146-1147 1213-1214 11…