In the largest foreign investment project in Chile’s history, joint-venture partners Lac Minerals (TSE) and Cyprus Minerals (NYSE) have beat out eight competitors for the right to buy a 51% stake in t…
Semi-monthly reports as of Sept 30, showed 82,769,360 shares of 773 issues compared with 76,538,373 shares of 760 issues on Sept 15. Larger individual positions included: Aber 135,000; Agnico-Eagle 10…
Beleaguered Princeton Mining (TSE) has been released from a potential $6.3-million claim by the trustee for Cassiar Mining. The claim relates to a previous financial transaction between Princeton and …
Toronto-based junior Willingdon Resources (CDN) plans more drilling on its gold property near Sioux Narrows, Ont. Last winter’s program extended the mineralized zone out under Lake of the Woods. The c…
Alberta-listed Takla Star Resources has entered two agreements with Uranerz U.S.A. (a unit of Uranerz Exploration & Mining) to explore the Slaven Canyon gold projects in Lander Cty., Nev. The projects…
It has turned into a rough year for Western Quebec Mines (TSE), but the company, with a small producing gold property near here, is not about to throw in the towel. The junior was hoping to increase p…
Underground developers are gearing up at the Getchell mine in Humboldt Cty., Nev. FirstMiss Gold (NASDAQ) started open-pit, heap-leach operations in 1985 and constructed a mill to process open-pit, su…
Market conditions have forced Inco (TSE) to reduce nickel production at its Canadian operations by 60 million lb. The cutbacks at the Ontario and Manitoba divisions will occur during the December, 199…
The whirlwind of base metals prices is as wild as ever, owing to the sales policies of producers over recent years. Those policies consist of selling all output at the best price the market can provid…
An initial 2,800-metre drilling program is planned at the San Bernardino gold prospect in Bolivia for October. Orvana Minerals (TSE), which has a 35% interest in the project, said the drilling will te…
When Prairie farmers suffer a devastating drought, the House of Commons immediately erupts. The federal government cannot say enough nor do enough to calm opposition critics. Usually, the net result i…
In “Economic pipes indicated at BHP-Dia Met project” (T.N.M., Sept. 27/93), you write of the BHP-Dia Met group’s apparent decision not to proceed with any further testing of the Point Lake discovery a…
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