News

Raymor raises project funding

Proceeds from a $250,000 private placement will be used for exploration and definition drilling of a La Motte Twp. lithium property northwest of Val d’Or, Que. Raymor Resources (ASE) says previous wor…


Armistice, Dynatec settle

Toronto-based Armistice Resources (ME) and its principal creditor have announced a settlement to their legal differences. Dynatec Mining, which was owed more than $2.1 million, will receive $450,000, …



Mexican mining industry to benefit from NAFTA

The creation of freer trade among Mexico, the U.S. and Canada will require that mining companies in the Latin American country become more efficient and productive, according to a study. In an analysi…


Ag Armeno plans drill programs in Ecuador

Active in Ecuador since 1985, Ag Armeno Mines & Minerals (VSE) is looking to explore several properties this year. A 10,000-ft. drilling program will get under way soon at the Fierro Urco property, un…



Inter-Rock strikes gold at Daisy

Eight reverse circulation holes of a 21-hole program on the Secret Pass deposit, part of the Daisy Gold project in southern Nevada, have been completed by Inter-Rock Gold (TSE). Of the eight holes dri…


PRODUCER PRICES (January 31, 1994)

ALUMINUM: MW U.S. market US55.25-56.25 cents per lb. (Jan. 13, 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…



PEOPLE — MAYMAC PETROLEUM

Michel David named president; Gilles Laverdiere appointed vice-president; Gerry Madsen appointed chief financial officer.




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