In 1991 Canada’s only commercial production of graphite came from Stratmin Inc. with a mine and concentrator at Lac-des-Iles, Quebec, and a concentrator at Notre-Dame-du-Laus, also in Quebec. The year…
The feasibility of processing zinc concentrates near Nuuk, the capital of Greenland, is being investigated by Platinova Resources (TSE) and the government of Greenland. The partners are looking at bui…
A letter of agreement recently signed by Deak Resources (TSE) with Northfield Minerals (ASE) allows it the right to become operator at Northfield’s Cheminis mine near Kirkland Lake, Ont. Deak will als…
Initial results from this year’s drill program have partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) predicting an increase in reserves at the Williams Creek copper-oxide project 2…
Southern Peru Copper, a subsidiary of Asarco (NYSE), has paid a US$4-million dividend for the second quarter. Southern Peru, jointly owned by Asarco (52.3%), the Marmon Group (20.7%), Phelps Dodge Ove…
Western markets drifted lower over the week ended Sept. 22, with the Vancouver Stock Exchange composite index shedding almost 11 points to finish at 562.82 while the resource index slipped 11.9 points…
Week’s Price (US) Change Gold* $348.90 + $2.70 Silver* $ 3.84 $0.00 Platinum* $364.25 + $1.25 Nickel** $ 3.09 – $0.07 Lead** $ 0.27 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.61 – $0.01 Courtesy of Scotia…
Toronto-based Canhorn Mining (TSE) sold 1.1 million shares of its affiliate, United Reef Petroleums (TSE), for 16-23 cents each at the beginning of September, a few days too early to fully capitalize …
Consolidated Oasis Resources (ME) and Orient Resources (ME) have concluded a financing agreement with Oasis/Orient (1992) Mining Exploration partnership and Soquem. Under the agreement, the partnershi…
Living up to its stated intention to acquire late-stage exploration properties, Placer Dome (TSE) plans to acquire a 50% interest in the huge Zaldivar copper project from owner Outokumpu Copper Resour…
After receiving the results from the second phase of drilling on its Deatys Creek property, 90 miles west of Thunder Bay, Ont., Challenger Minerals (VSE) has decided to drop its option. The best inter…
. . . Sources close to the Lac de Gras diamond play say the kimberlite that yielded 10 microdiamonds and one macrodiamond in a 40-kg sample for the Dia Met-BHP joint venture (T.N.M., Sept. 21/92) outc…
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