PEOPLE — IRON RIVER RESOURCES (January 25, 1993)
Ronald Churchill appointed director.
News
Chile attracts Canadian mining firms
During the past few years, both senior and junior Canadian mining companies have been moving to Chile in search of large-tonnage, bulk-minable copper and gold deposits. In the spring of 1992, Falconbr…
STOCK MARKETS — Volatile gold stocks react to bombing,
An American-led military assault on Iraq did little to boost the Toronto Stock Exchange’s beleaguered gold stocks during the week ended Jan. 19 as gold slipped 20 cents to close at US$329 per oz. in L…
Natives seek increased participation in mining
A new association based in Rama, Ont., is promoting the desire of aboriginals to work with mining companies in exploration, mine development and resource management. The Canadian Aboriginal Minerals A…
Diamond explorers prepare for trek by winter road
Weather permitting, trucks carrying equipment and fuel destined for diamond exploration camps in the northern barrens will begin moving up the winter road that connects the Lupin gold mine to Yellowkn…
Value of mineral exploration in Yukon drops in 1992; Placer
Last year’s US$2.5 million drill program produced “encouraging results”, but not enough information for Placer Dome (TSE) to make a reliable estimate of the resource on the Las Cristinas gold property…
New B.C. mining projects in works
Despite the much publicized move of exploration and development dollars to more southern climes, a number of companies are working to bring new mines into production in British Columbia. Originally di…
Selbaie shifting to open pit operation
Mining at the Selbaie copper-zinc-gold-silver property in northwestern Quebec will be shifting solely to open pit with the closure of the underground operations by the end of 1993. Owner of the proper…
Curragh seeks loan guarantees from the Yukon government
The federal government is under pressure to help Curragh (TSE) keep its Yukon operations afloat, the Canadian Press reports. The Toronto-based company is seeking $29 million in loan guarantees from th…
Court reserves judgment in Brookbank appeal case
After hearing submissions from both companies during the week of Jan 11-15, the Ontario Court of Appeal has reserved judgment on the appeal of Metalore Resources (TSE) of a 1990 decision that awarded …
PRODUCER PRICES (January 25, 1993)
ALUMINUM: MW U.S. market US57-58 cents per lb. (Jan. 8, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CAD…
Tuina resumes operations
Following an extended shutdown, mining operations resumed in December at the Tuina operation in Chile owned 50% by International Mahogany (TSE). Mahogany and joint venture partner North Lily Mining (N…