Ownership of La Reyna copper-gold project in the Mexican state of Sinaloa is being restructured (subject to regulatory approval) to give Aurizon Mines (TSE) a 95% working interest, the company says. T…
A contract to design a restructuring program for the Bolivian state-owned mining company COMBIOL was awarded recently to consulting firm Pinock, Allen & Holt of Colorado. The project, funded by the Wo…
Week’s Price (US) Change Gold* $335.10 + $0.35 Silver* $ 3.76 $0.00 Platinum* $361.50 + $5.25 Nickel** $ 2.53 + $0.06 Lead** $ 0.21 $0.00 Copper $ 0.98 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
A mini-rally in the base metal mining sector resulted in a modest gain for The Toronto Stock Exchange during the week ended Dec. 1. In one of its best performances of the season, the metals and minera…
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Nov. 20, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jul. 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…
As a result of weak nickel prices, high inventories, increasing costs and poor market outlook, Falconbridge says it will make further production cuts. Combined with previously announced shutdowns in S…
In concert with the recent acquisition of the Dot copper-oxide property, American Bullion Minerals (VSE) has assigned Zappa Resources (VSE) an option to earn a 50% interest in the property. Zappa can …
A wholly owned subsidiary of Rea Gold (TSE) recently entered an agreement to earn a 50% interest in the Comstock project owned by BMR Gold (TSE). In order to earn the interest, Rea must spend a total …
After two years of engineering and permitting, Glamis Gold (TSE) has received construction and operating permits for the company’s Baltic project. The Baltic project is adjacent to the company’s Yello…
Already active on a fluorite-silver project in Arizona, Silverspar Minerals (VSE) recently entered into an agreement-in-principle to acquire two fluorite properties elsewhere in the U.S. Fluorite is t…
The share prices of Consolidated Ramrod Gold (TSE), Chapleau Resources (VSE) and Barkhor Resources (VSE) held firm even though assay results were not as good as expected from the first hole drilled on…
A definitive joint cooperation agreement has been signed by American Barrick Resources (TSE) and Newmont Gold (NYSE) for development of the gold producers’ common areas in the northern sector of the C…
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