An exploration program aimed at defining and ranking drill targets will be conducted this year by Aurizon Mines (TSE) on its La Reyna copper-gold project near Mazatlan, Mexico. Last year the company c…
In return for up to a 5.5% net smelter return (NSR) royalty, Alban Exploration (VSE) recently optioned its Red Rock property in Ladner Cty., Nev., to Placer Dome (TSE). Under the terms of the agreemen…
Shareholders of Mt. Grant Mines recently approved a name change to Venezuelan Goldfields (VSE) to reflect the junior company’s growing exposure to mineral projects in Venezuela and other Latin America…
After a millennium of continuous operation, the Falun copper mine in central Sweden has finally run out of ore. Cleanup operations at the mine began in December and are expected to continue through th…
Joint venture negotiations are continuing between Carlin Gold (ASE) and an undisclosed major mining company relating to Carlin’s gold properties in eastern Oregon. Carlin recently acquired claims that…
Toronto-based junior Eastern Stone Products (ASE) has acquired 100% of a private Ontario company that has the right to earn a 50% interest in Kenora Prospectors & Miners’ (CDN) Shoal Lake gold deposit…
Canadian Electrolytic Zinc (CEZ), a division of Noranda (TSE), has agreed to purchase the zinc concentrate production from Minnova’s (TSE) Winston Lake mine for the first six months of 1993 to a maxim…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1412-1413 1492-1493 1538-1539 1530-1531 …
An appeal by Metalore Resources (TSE) of the 1990 decision that awarded the Brookbank gold property near Beardmore, Ont., to Ontex Resources (ASE) began recently in Toronto. In a harsh opening stateme…
Consolidated production reached record levels for Granges (TSE) for the year ended Dec. 31, 1992. The company reported a 6% rise in gold production over 1991 levels to 110,896 oz., and a 66% increase …
As base and precious metal prices either declined or remained relatively flat across the board, 1992 was a rather dismal year for Canadian metal producers. Most industry analysts are forecasting only …
Wharf Resources Partnership, which owns the Wharf open-pit gold mine near Lead, S.D., has arranged a US$20-million term loan with a U.S. bank. The Wharf Resources Partnership is 100% owned by Wharf Re…
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