A cobalt recovery plant operated by Ego Resources (TSE) is now in business, employing 50 people and producing 300 to 500 lb. of the metal per day.Situated in Cobalt, Ont., the $14-million hydrometallu…
Drilling on the Tomi concession in Venezuela’s Bolivar state is resulting in the extension of gold-mineralized zones.Preliminary estimates by Bolivar Goldfields (TSE) put the minable resource at 3.7 m…
A first phase of drilling by Inmet Mining (TSE) is under way on the Tarp Lake gold project near Pickle Lake, Ont. The program is being funded by junior Avalon Ventures (VSE), which can earn a 49% inte…
The investment funds that piled into aluminum, copper and other metals between late 1993 and early 1995 are here to stay, according to a study by CRU International, a business consultant in metals and…
Prospector Sandy McIntyre discovered and staked the McIntyre Porcupine mine in Timmins, Ont., in 1909. Seventeen years later, he joined the Red Lake gold rush, entering town on snowshoes from the rail…
The labor dispute that divided the community of Yellowknife, N.W.T., and ended in the 1992 murder of nine miners at the Giant gold mine, is the subject of several books, either published or in progres…
The integration of African nations into the global economy has enhanced their prospects for growth, according to Michel Camdessus, managing director of the International Monetary Fund.Even so, he says…
Short positions outstanding at June 30, 1995.Larger individual positions included: Aber Res. 59,000; Agnico-Eagle 169,180; Archer 74,800; Arimetco 82,700, Asia Pacific 31,000; Baja Gold 69,000; Barric…
Junior Moss Resources (TSE) has acquired a 70% interest in 100 claims in the Kyfanan Lake area of Labrador.The claims are underlain by a portion of the Kyfanan Lake layered intrusion, a mafic-to-ultra…
Birchwood Ventures can acquire a 65% stake in a Norwegian property controlled by CDN-listed Hendricks Minerals Canada.Prospecting and sampling on the Rombaken zinc-lead-silver prospect has identified …
Prospecting work on the Wolf claims in the Eskay Creek area of northwestern British Columbia is providing encouragement to Guardian Enterprises (VSE).Examination of a strong, electromagnetic conductor…
Two junior companies have joined forces to acquire and develop advanced stage gold and gem properties in Brazil. Brazilian Resources (CDN) and William Resources (TSE) have entered into a joint venture…
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