As investors waited for the Dow Jones Industrial Average to break the magic 3000 mark, employees at Cominco’s smelter in Trail, B.C., were confirming what the market has been saying all week. In antic…
Vancouver-based junior Armeno Resources (VSE) has formed a joint venture with a Japanese company to finance the development of a small silver-gold-lead-zinc deposit in Ecuador. Nissho Iwai of Japan ha…
A tribunal of the American Arbitration Association has ruled that Vancouver-based Minerex Resources (TSE) and the Aurora Partnership must pay nearly US$1.4 million in damages to a former contractor at…
The Van Stone zinc project in northeastern Washington is now owned 100% by Equinox Resources (TSE). The property is 25 miles south of Cominco’s zinc smelter at Trail, B.C. Equinox recently paid the fi…
Drilling its second hole at the MWF property near Timmins, Ont., Anglo Canadian Mining (TSE) has intersected what it believes to be an important mineralized zone. Occurring at the contact between sedi…
An option to acquire an additional 500,000 shares of High Frontier Resources (VSE) has been exercised by Kennecott, a wholly owned unit of London-based RTZ Corp. The option was part of a previous agre…
A flow-through private placement of 880,000 shares of Triumph Resources (VSE) to Teck (TSE) has increased Teck’s interest in Triumph to 2.49 million shares or 52.6%. The placement, priced at 50 cents …
Although no agreement has been made, Tournigan Mining Explorations (VSE) says it has started talks with several major mining companies for a possible joint venture to further explore and develop its B…
ALUMINUM: MW U.S. Market US72-73 cents per lb. (Jul. 5, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: N…
I am writing in response to two articles (T.N.M., June 18/90, June 25/90) concerning base metal exploration in the Bathurst camp of northern New Brunswick. It is not unusual for the daily newspapers t…
A change of emphasis at Newmont Gold’s (NYSE) Carlin operations in Nevada has resulted in the cancellation of a joint mining agreement between the Newmont Mining (NYSE) subsidiary and neighbor America…
The agreement between 10 shareholders of Cornucopia Resources (TSE) and Galactic Resources (TSE) has been finalized with Galactic acquiring 3.165 million shares. The shares represent 16.34% of the iss…
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