News

TVI Pacific drilling project on island in Philippines

Two drills are at work at the Canatuan copper-gold property of TVI Pacific (ASE) on the Philippine island of Mindanao. An initial 27-hole program is testing the relatively flat-lying deposit’s 1.2-km …


Cons. Bonanza to acquire gold mine in Mozambique

Alberta-listed Consolidated Bonanza Metals will acquire all of the shares of Mincor Mozambique, which holds a 20-year mining licence in Mozambique. The licence contains the Monarch gold mine, which co…


EDITORIAL PAGE — Lively bidding battle

The summer doldrums were kept at bay this year by the lively battle for control of Lac Minerals, launched by Royal Oak Mines in early July. The company recently withdrew from the bidding war, paving t…



NEWS ROUNDUP — Amer. Wollastonite seeks listing

Vancouver-listed American Wollastonite Mining has filed with the U.S. Securities and Exchange Commission to register its common shares under the U.S. Securities Exchange Act of 1934. The company is re…


PRODUCER PRICES (September 12, 1994)

ALUMINUM: MW U.S. market US71.5-72.5 cents per lb. (Aug. 25, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….


Gibraltar drops Mount Polley option

Having carried out a first phase of work, Gibraltar Mines (TSE) has decided not to proceed with the second phase of its option on the Mount Polley copper-gold project in central British Columbia. The …


Stratmin gets stake in Applied Carbon

Graphite producer Stratmin (ME) will buy 52% of the issued and outstanding shares of Applied Carbon Technology (TSE), its main competitor in North America. Applied Carbon’s main assets are a blending …


Echo Bay directors adopt rights protection plan

The directors of Echo Bay Mines (TSE) have adopted a shareholders’ rights protection plan, or “poison pill.” The plan can be enacted if any person or group acquires more than 20% of the company’s comm…


Ramrod drilling tests Matthews gold property

Junior Consolidated Ramrod Gold (TSE) has released more results from an ongoing drill program at the Matthews property in the Wenatchee district of eastern Washington state. The company controls prope…


IGR drilling at Bibiani gold project

TSE-listed International Gold Resources has completed the first phase of reverse circulation drilling at the past-producing Bibiani mine in Ghana, West Africa. Seventy-four holes, totaling 29,200 ft.,…


Progress at Tulsequah Chief

Encouraged by results from an exploration program involving both surface and underground work, Redfern Resources (TSE) has accelerated permitting and engineering feasibility studies for its Tulsequah …


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