Canadian companies are spending a record $11.6 billion on business travel, with most predicting that they will spend at least the same or more during the next 12 months. The American Express 1994 Surv…
A program of 3,000 metres of reverse circulation drilling has been undertaken by Princeton Mining (TSE) on the Elenita copper project near Antofagasta, Chile. The program focused on an oxide-copper de…
PRODUCER PRICES ALUMINUM: MW U.S. market US64.5-65.5 cents per lb. (June 9, 1994). ANTIMONY: MW New York dealer US$1.40-1.60 per lb. (May 12, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (S…
Canada’s manufacturers of primary, non-ferrous metals and non-ferrous metal products can look forward to new export opportunities, owing to lower tariffs negotiated in the Uruguay round of world trade…
The life of the Golden Bear mine will be extended by five years under a new plan devised by North American Metals and its 81% owner Wheaton River Minerals (TSE). The mine-life extension will depend on…
Within the next 3-4 weeks, Aber Resources (TSE) expects to receive results from an 800-kg kimberlite intersection from the first hole drilled on the A-154 anomaly near Lac de Gras, N.W.T. The results …
Toronto-listed Dayton Mining has announced a $34-million equity financing, which will be used in conjunction with a US$50-million bank underwriting, to develop a heap-leach mine in central Chile. Cons…
Drilling on the Midway project near Rock Creek, B.C., has returned an 11-ft. intersection averaging 1.52 oz. gold per ton. Privately owned Phoenix Resources and Sway Resources (VSE) have earned a 51% …
Latin-American gold producer Greenstone Resources (TSE) has sold a 12.3% interest in its newly formed Colombian subsidiary to Instituto de Fomento Industrial (IFI). IFI is a Colombian government agenc…
Vancouver-listed Minorca Resources has entered an agreement with a prospector to acquire the Phooey Lake property in Langloiserie Twp., near Chibougamau, Que. Previous work, during 1945-53 and 1985-88…
Alberta-listed Fairmile Acquisitions has identified several new zones of gold mineralization at the Buffalo Valley mine in northern Nevada. Drilling on the north-south-striking, 2,400-ft.-long Front f…
In Costa Rica, Ariel Resources (VSE) will explore a mile of strike length northeast of the San Rafael zone at its San Martin mine. The zone contains about 4.3 million tons (minable by open-pit methods…
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