LATIN AMERICA — Bethlehem looks to Venezuela
Dundee International and CMP Resources recently reached an agreement to form a joint venture for the exploration, development and operation of mining projects in Venezuela. In concert with the joint v…
News
LETTERS TO THE EDITOR — Tatshenshini-Alsek for all
I am responding to the article “Tatshenshini-Alsek area grows in recreational use” (T.N.M., Jan.18/93). I am one of the 1,000-plus people who visited the Alsek River last year. As a mining professiona…
LATIN AMERICA — Morgain to drill Mexican prospect
Aiming to outline a heap-leachable copper reserve on its Cuatro Hermanos property in Mexico, Morgain Minerals (VSE) will launch a percussion drilling program on four separate oxide zones this month. M…
LATIN AMERICA — Granduc drops La Choya project
A proposed foray into a Mexican gold project was aborted by Granduc Mines (TSE) because of international tax considerations and other matters that altered original expectations. Granduc had planned to…
Tombstone to acquire Venezuelan option
Although still subject to a final formal agreement and regulatory approval, Tombstone Explorations (VSE) recently signed an agreement allowing it to acquire a 100% interest in 15 properties comprising…
Spot prices at a glance (February 22, 1993)
Week’s Price (US) Change Gold* $331.50 + $2.80 Silver* $ 3.71 $0.00 Platinum* $368.25 + $0.50 Nickel** $ 2.81 + $0.09 Lead** $ 0.19 $0.00 Copper $ 1.00 – $0.01 Zinc $ 0.48 – $0.01 Courtesy of Scotiaba…
Inco donates airfare
A gift from Inco Ltd. went to Brian Scholz, a third-year geological and mineral engineering student at the University of Toronto. Inco Chairman Michael Sopko has agreed to pay $1,400 for Scholz’s air …
Galactic files for bankruptcy
Less than a year after completing a restructuring, Galactic Resources (TSE) has filed an assignment in bankruptcy under the laws of Canada. After selling its 50% interest in the Ivanhoe gold property …
Lac production tops million oz.
Gold production rose to almost 1.1 million oz. in 1992 from 885,571 oz. in 1991, Lac Minerals (TSE) reports. Production from all of the gold mines in which Lac has an interest totalled 1.14 million oz…
PEOPLE — CURLEW LAKE RESOURCES (February 22, 1993)
Dale Schwartzenhauer appointed vice-president, finance and corporate development.
PEOPLE — SILVERSTONE RESOURCES
Murray Pezim appointed chairman of the board, director, and president; Naren Majithia and Basil Pantages appointed directors.
PEOPLE — CYPRUS MINERALS (February 22, 1993)
Jeffrey Clevenger named president of Cyprus Copper.