One of the largest new gold discoveries in the U.S. will be further evaluated as a proposed open pit mining and heap leach operation capable of producing about 300,000 oz. gold per year over the first…
Looking for a partner to help explore three epithermal volcanogenic disseminated gold deposits east of Hermosillo in the Mexican state of Sonora is Aumex Mines S.A. de C.V., which is jointly controlle…
A letter of intent to earn a 50% interest in the Washington copper property in Sonora, Mexico, was negotiated earlier this year by Corner Bay Minerals (TSE). The company agreed to provide the financin…
On completion of the takeover of International Corona, San Francisco-based Homestake Mining (NYSE) will inherit the 30% owned Torres Mining company in Mexico. Torres, which is operated by Industrias P…
Inco Ltd. has made a lot of right moves over the years but, as has any company that plays such a dominant role within its industry, it has made a few boners, too. Each story, told and re-told, has com…
In taking over Mexican-based Cerro de Cobre, Exall Resources (TSE) will acquire options on three Mexican copper properties: Santo Tomas, Verde Grande and San Martin. Combined, the properties are estim…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 6 Oct. 5 Oct. 2 Oct. 1 Sept. 30 Copper 1322-1323 1313-1314 1331-1332 1319-1320 …
Following the deferral of the start of an inquiry into the Westray mining disaster by the Nova Scotia Supreme Court, four mine managers and Westray owner Curragh (TSE) have been charged with 52 offenc…
A private placement has increased Glimmer Resources’ (VSE) issued shares to 2.1 million and raised enough money for the company to maintain its 40% interest in the Beatty-Hislop gold project in northe…
My time in the mining industry is approaching half a century. There have been many changes, mostly for the better. When I started underground, the pick and shovel were still widely used tools. On smal…
Ontario’s Ministry of Northern Development and Mines officially opened its new Mines and Minerals Information Centre in the Macdonald Block, 900 Bay St., Toronto, Oct. 5. With the ministry relocated t…
A panel of experts will address such issues as market cycles and reserves replacement on Jan. 21, 1993, at a mineral economics symposium hosted by the Mineral Economics Society of the Canadian Institu…
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