While there’s quite a difference in their ages, a strong bond has quickly developed between the veteran Prospectors and Developers Association of Canada and the much younger upstart–the Canadian Mini…
Interest in Mexico’s mineral potential is being stimulated by recent changes to the country’s mining and tax regulations which have streamlined the process of granting mining rights and permitted 100%…
ALUMINUM: MW U.S. Market US70.5-71.5 cents per lb. (Mar. 7, 1991). ANTIMONY: New York dealer US86-88 cents per lb. (Feb. 28, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMI…
It is people like A. Chamot (“Engineers deserve a ‘good swift boot’,” T.N.M., Jan. 28/91) who really make me mad. It seems Chamot has a profound dislike of the engineering profession verging on the bo…
Working hard to become an operating mining company in the near future is Thunderwood Resources (TSE). Management’s goal is to aggressively develop top quality mineral properties in areas with establis…
After securing $3.4 million in loans from the Northern Ontario Heritage Fund and the FedNor Core Industrial Program, Deak Resources (TSE) has been able to complete agreements for a $3-million private …
Phelps Dodge of Canada, a unit of Phelps Dodge (NYSE), has signed an agreement to option a 51% interest in each of three Nova Scotia properties from Scotia Prime Minerals (ASE). The agreements pave th…
Price (US) Week’s Change Gold* $364.20 – $ 1.00 Silver* $ 4.04 – $ 0.02 Platinum* $401.45 – $ 5.05 Nickel** $ 3.98 + $ 0.08 Lead** $ 0.27 $ 0.00 Copper*DA $ 1.08 – $ 0.02 Zinc*DD $ 0.54 + $ 0.00 Court…
Toronto-based Northgate Exploration (TSE) and affiliate NorthWest Gold (AMEX) have joined the growing list of Canadian gold producers to have included substantial writedowns on resource properties wit…
A review of exploration activity in Alaska for 1990 shows spending increased 19% to US$56.7 million from the previous year’s US$47.8 million. Three gold projects near Juneau, all in advanced stages of…
Marshall Minerals (ASE) reported completing the acquisition of the 45% interest in the Sangold property at Foleyet, Ont., it did not already own. Marshall issued 748,886 shares at $1.05 per share (for…
Toronto-based Minera Rayrock (TSE) says initial capital costs to build a new copper mine at 100% owned Ivan property in Chile are estimated at US$19.5 million, including US$3 million for working capit…
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