News

A generation ago, Texasgulf was at the forefront of massive sulphide exploration in Canada. Now, some of the company’s old prospects are beginning to surface with new players applying the latest in ex…

The first calculation of reserves since acquisition of the Ray copper mine in 1986 in Arizona have been completed says Richard de J. Osborne, chairman of Asarco (NYSE). The new figure is in excess of …

Gold producer Minerex Resources (TSE) is turning out more of the yellow metal at a lower cash cost this year than it did a year ago. The Vancouver-based company produced 8,390 oz. gold during its 1992…

Copper is featured more prominently than gold in the current list of projects being actively explored or developed by Cominco Resources International (TSE) around the world. And more projects could be…

Exploration spending in the Northwest Territories is expected to exceed $35 million in 1992, representing an increase of 27% over 1991 and the first increase in four years, predicts the N.W.T. Chamber…

With more than $3 million in the bank after a recently completed public unit offering, Chase Resource (VSE) can now concentrate on bringing its Taysan copper-gold project in the Philippines through to…

This November, 17,000 Inuit of the Eastern Arctic are expected to ratify a land claim tied to the creation of Nunavut, a vast territory covering 772,000 square miles to be carved out of the Northwest …

Despite continuing low share prices, Freewest Resources (TSE) has much to be optimistic about, President Mackenzie Watson announced at the company’s recent annual meeting. “Things, exploration-wise, a…

Britt Resources Ltd. (BRN:VSE) has changed its name to La Cieba Minerals Corp. (LCE:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.

Kirkkiat Jalichan, Rakash Saxena, Brian Blake and Robert Smiley appointed directors.

Ron Orr and Fred Scholz appointed directors.

Hugh Mogensen appointed director.