Juniors Manson Creek Resources (TSE), Athlone Resources (VSE) and Ballatar Explorations (VSE) have joined forces to buy a Venezuelan exploration company, Corporacion Venzolana de Guayana (CVG). CVG ow…
At the Dona Lake gold mine, near Pickle Lake, Ont., Espalau (ME) has constructed a ramp for gaining access to the crown pillar. Since buying the mine last summer from Toronto-listed Placer Dome (throu…
Great Lakes Resources (TSE) has filed a final prospectus relating to an offering of 17.5 million shares. At $2 per share, the company will receive proceeds of $35 million. It plans to use $9 million t…
Encouraging results have been released from the Kabanga nickel project in northwestern Tanzania. BHP Minerals can earn a 58% interest from Sutton Resources (VSE) by funding all exploration and develop…
There have always been numerous compelling reasons for owning precious metals and they can be characterized as follows: * Precious metals (especially gold) have historically maintained their purchasin…
A 86% owned subsidiary of Crown Resources (TSE), Solitario Resources, has an option to buy seven properties containing copper, gold and silver mineralization in the western Argentine province of Mendo…
ALUMINUM: MW U.S. market US57.50-58.50 cents per lb. (Jan. 20, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
In 1993, Asarco (NYSE) realized an average copper price of US87 cents per lb., down from US$1.04 the previous year. The New York City-based company received an average of US20 cents per lb. for lead, …
Details have been made available of a geological symposium held in Whitefish, Mont. last summer. More than 100 geologists convened at the northwestern lake resort to share information on exploration o…
With its share price pushing new highs, Zappa Resources (VSE) is preparing to test three bulk-tonnage gold targets within its concession in the Ponce Enriquez district of Ecuador. Zappa acquired the p…
CDN-listed Caribgold Resources has been granted prospecting and exploration rights to 2,000 sq. km in east-central Cuba. The agreement was reached with Geominera S.A., a Cuban state company, and is ex…
Proving that hostile takeovers are just that, International Musto Explorations (TSE) has served notice it will proceed with legal action against Metall Mining (TSE) and Metall’s financial adviser, McL…
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