A private placement with K.B. Resources is expected to inject US$5 million into Seine River Resources (VSE). K.B. Resources, a private firm owned by Seine directors Bernard Brynelsen and Mervin Davis,…
Shares of Lytton Minerals (TSE) soared to a new high of 80 cents from 30 cents recently after the company reported the recovery of “substantial amounts” of chrome diopside from two samples taken on it…
An agreement to expand its land position in West Africa’s Ivory Coast, to about 1,000 sq. km from 250 sq. km, has been reached with the government agency SODEMI, gold producer Eden Roc Minerals (TSE) …
A holding company controlled by Pierre Gauthier of Montreal has increased its ownership position in KWG Resources (ME) through a private transaction. TThe holding company, Gencap, bought 337,500 share…
Net earnings of $14 million were reported by Teck (TSE) for its latest quarter ended Sept. 30, a sizable increase from the $6 million reported in last year’s third quarter. The company’s mining operat…
A recent decision by the Quebec Court of Appeal has granted Toronto-based junior Exroy Resources (CDN) full title to 48 claims in the Ungava nickel copper belt in northern Quebec. This decision will a…
Worldwide silver mine production in 1991 was 431.9 million oz., down 8% from 1990. The reduction was due mainly to decreased incentives to mine because of low silver prices. In 1991, Mexico was the wo…
As one of the lowest-grade producers in North America for the past 20 years, the Gibraltar open-pit copper mine has constantly striven to control, and reduce when possible, operating costs. At the out…
Gibraltar mine exploration geologist George Barker was mildly optimistic when he hopped into his company pickup on a Saturday morning late in the summer of 1990. He was off to check core from a diamon…
When the Spaniards discovered the high-grade orebo Peru and Bolivia they had a name for them — bonanzas — a word that conjures up the prospect of untold riches. The language of their cooler-blooded …
Enerpac’s trademarked Plarad line of hydraulic power wrenches is now available through a worldwide network of dealers. Plarad has two system types: the low profile UKS system for work in tight areas o…
1993 Jan. 18-20, Ottawa. 1993 Current Activities Forum, Collaboration — the Key to the Future. Contact the Geological Survey of Canada, Susan Mrak, (613) 992-0640. Feb. 21-24, Scottsdale, Arizona. Se…
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