In 1979, Nicaragua’s triumphant Sandinista revolutionary government nationalized all foreign mining operations in the country. Once again, foreign mining interests had been swept away by the turbulenc…
Long known for its vast reserves of nickel laterite ore, Cuba is now undergoing an exploration boom for precious and base metals. Although several multinational firms are involved in the hunt (includi…
Aside from selective hot spots, western markets continued to track sideways during our report period ended March 21, while gold slipped US$4 to the US$382-per-oz. level. The Vancouver Stock Exchange r…
London Metal Exchange Spot closing prices in $US per tonne Date March 21 March 20 March 17 March 16 March 15 Copper 2923-2924 2898-2900 2898-2899 2897-2898 2896-2897 Lead 580-581 574-575 578-579 576-5…
A Saudi Arabian industrial company, in conjunction with Tiomin Resources (ME), plans to develop the Natashquan heavy mineral sands project, on the north shore of the Gulf of St. Lawrence. Based on a p…
CDN-listed Metallica Resources has bought into two Colombian mining companies. The Canadian junior will pay US$200,000 and issue 150,000 common shares to purchase all outstanding shares of Guavita and…
The Logjam Creek property of Regional Resources (TSE), situated along the British Columbia-Yukon border, contains reserves of 330 million tonnes grading 0.095% tungsten and 0.045% molybdenite, not 0.4…
Ongoing work by Arauco Resources (VSE) is enhancing the company’s new gold find in southern Chile. Earlier this month, the junior reported encouraging trenching results from the discovery (T.N.M., Mar…
Investor interest in juniors exploring in Venezuela has, of late, taken a 180-degree turn for the worse. Gone is the euphoria that surrounded the exploration initiative there a year ago. The cause of …
Founded in 1991, Vancouver-based Triton Mining (TSE) is an emerging gold producer in Central America, and also holds several joint-venture exploration projects in South America. Last year in Nicaragua…
Spokane-based Pegasus Gold (TSE) has agreed to a 50-50 joint venture arrangement with Goldbelt Resources (VSE) on the Kazgold tailings project in Kazakhstan. Formerly known as the Leninogorsk project,…
Exploration work at the Paredones Amarillos gold project in Baja California Sur, Mexico, is proceeding at full speed. As of the end of 1994, Echo Bay Mines (TSE) had spent US$3.3 million on the proper…
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