North America’s largest producer of natural graphite, Stratmin (ME), has reported a 6% increase in sales. The company sold $12 million worth of graphite in 1993, compared with $11.3 million in 1992. M…
Compania Minera San Jose, a wholly owned subsidiary of Lac Minerals (TSE), is paying US$22 million for a 33.3% equity interest in Refimet S.A., a Santiago-based company which owns and operates a coppe…
Toronto-listed Consolidated Ramrod Gold is poised to acquire all issued and outstanding shares of San Andreas Resources (VSE). According to an agreement in principle, one common Ramrod share plus one …
Denver-based Crown Resources (TSE) plans to list its 85.7%-owned subsidiary, Solitario Resources, on the Toronto Stock Exchange. The company filed a preliminary prospectus for an initial public offeri…
Developing countries produced 127.8 million tonnes of crude steel in 1993, up 9% from 1992, the International Iron and Steel Institute reports. It was the first year in which global production in thes…
Producer Rio Algom (TSE) generated revenue of $22.1 million in 1993 from the combined disposition of its interests in El Condor Resources (VSE), St. Philips Resources (VSE) and two other portfolio inv…
With domestic work for Canadian geoscientists having diminished over recent years, many individuals and companies are being forced to broaden their horizons and search for opportunities outside the co…
Foreign influence on mining in Mexico continues to be felt with the recent openings of new gold mines. Long-time Mexican producers such as Torrez, whose foreign ownership (30%) today belongs to Homest…
With the recent closing of a $24-million financing, the Mt. Hamilton gold project in eastern Nevada is one step closer to production. Rea Gold (TSE) plans to use the net proceeds ($22.8 million) from …
Joint-venture partners Exall Resources (TSE) and American Barrick Resources (TSE) have acquired El Triunfo, a gold project on the southern tip of the Baja Peninsula. The project, which is contiguous w…
By the year 2000, the Caribbean and Latin America will provide a market of 600 million persons with purchasing power of US$1 trillion, states a recent issue of CanadaExport. Canadian exports to Latin …
A technical review of the Refugio gold project in Chile is in agreement with the conclusions of the previous feasibility study. The review was carried out by Cypress Amax Minerals (NYSE), the parent o…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.