Noranda to drill York Harbour
Drills will soon begin turning on Noranda’s (TSE) York Harbour base metal property in central Newfoundland. Owned 80% by Noranda and 20% by Cumberland Resources (VSE), York Harbour is a former produci…
News
Yukon attaches conditions to Curragh loan guarantee
The Yukon government has attached sweeping conditions to a $29-million loan guarantee for lead-zinc-silver producer Curragh (TSE), Canadian Press reports. Conditions range from a first mortgage on ass…
William evaluates drilling results
A 13-hole program on the Clementine property in Grevet and Franquet Twps., about 30 km north of Lebel sur Quevillon, Que., did not intersect any significant base metal or gold mineralization, William …
Dundee, Placer in business venture with CMP, Plexus
A numbered company owned 50/50 by Dundee Bancorp (TSE) and Placer Dome (TSE) has reached agreement-in-principle with CMP Resources (ME) and Plexus Resources (TSE) to form a new company. Robert Buchan …
Miramar increases interest in Cuban projects
An additional 25% interest in two Cuban properties has been acquired by Miramar Mining (VSE) from Matlock Mining of Australia. The Vancouver junior now owns 50% of both the Hierro-Mantua copper leach …
Canarc completes Venezuelan deals
A recently completed private placement in Tombstone Explorations (VSE) gives Canarc Resource (VSE) an indirect interest in 35 mineral concessions making up 15 properties in Bolivar State, Venezuela. C…
NEWS ROUNDUP — Waseco negotiates production deal
Oakville, Ont.-based Waseco Resources (CDN) and Nevada company Carson River Gold are negotiating the sale of 50,000 tons of placer gold material from Carson’s leased Lyon Cty., Nev., property to Wasec…
San Andreas plans to continue step-out drilling at Prairie
Step-out drilling at the Prairie Creek project, 300 miles east of Yellowknife, N.W.T., intersected 29.5 ft. grading 8.72% lead, 18.66% zinc and 4.23 oz. silver per ton in hole PC-92-23. San Andreas Re…
NEWS ROUNDUP — Minerex transaction is cancelled
A deal to purchase all the issued shares of Minerex Resources was recently cancelled. Cornucopia Resources (TSE) reached an agreement to purchase the shares from owner Canada Tungsten Mining (TSE) in …
Giant workers await ruling
The Canada Labour Relations Board says it may take some time to rule on issues related to a prolonged dispute at the Giant gold mine, on the northern shore of Great Slave Lake. The mine is owned by Ro…
Dodgex makes specialty metal find
A major resource of specialty metals and rare earths has been discovered in a wide fluorite-bearing vein in the southern Yukon by Dodgex, a private company in Whitehorse. Representative sampling of ou…
Metal Prices — FREE MARKET (March 22, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 16 Mar. 15 Mar. 12 Mar. 11 Mar. 10 Copper 1491-1492 1508-1509 1520-1521 1499-15…