Toronto-listed Teck will drill a minimum 8-hole, 3,000-ft. program at the Salkeld Lake property of Fortune Minerals (CDN). The major can earn a 60% interest in the 1,033-acre property, northeast of Pi…
Toronto-listed CaribGold Resources has drilled nine holes on the Descanso-Melonera project in west-central Cuba. Three holes were drilled at Descanso, four at Melonera and two at Oropesa, a new area w…
A private company run by former executives of now-bankrupt Curragh expects to reach a deal with receiver Peat Marwick Thorne this month regarding the purchase of Curragh’s Faro lead-zinc mine in the c…
A new, cost-effective, integrated process for the economic production of gold and copper from ores containing cyanide-soluble copper has been developed by DuPont. The company says this technology can …
Lindsay Gorrill appointed president and chief executive officer; Ian Falconer appointed chairman.
Encouraged by recent strength in the price of copper, Princeton Mining (TSE) is considering reopening its Similco mine near Princeton, B.C. Operations were suspended last fall as a result of the then-…
Global demand for silver exceeded supply for the fourth consecutive year in 1993 and the trend is expected to continue in 1994, The Silver Institute predicts. In its World Silver Survey, 1994, the Was…
London Metal Exchange Spot closing prices in $US per tonne Date June 7 June 6 June 3 June 2 June 1 Copper 2259-2261 2234-2235 2231-2232 2220-2221 2213-2214 Lead 499-499.5 499.5-500.5 506.5-507 501-503…
Toronto-listed Great Lakes Minerals can acquire a second gold property near Mocorito in Mexico’s Sinaloa state. The project, known as Palmarito, covers 832 hectares and hosts a past-producing gold-sil…
Junior Glencairn Explorations (ASE) has completed an airborne geophysical survey on its Copper Chasse property in northern Quebec. The survey was designed to define the extent of the Main zone, which …
The Geological Survey of Canada (GSC) is assuming an active role in the northeastern Alberta exploration play that has attracted such companies as Lac Minerals (TSE), Tintina (TSE), NSR Resources (TSE…
Shareholders received encouraging news at the annual meeting of Rayrock Yellowknife Resources (TSE). Fiscal 1993 marked the 18th consecutive year of profitability, with more than $8 million having bee…
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