Teck acquires JV in Chile
Vancouver-based Teck (TEK-T) has acquired a 60% interest in the Lobo and Marte gold properties in Chile’s Maricunga district.The agreement is between Teck, which is acting through wholly owned subsidi…
News
Stroud gets set to go underground at Hislop
Junior Stroud Resources (SDR-T) is seeking funds to develop its Hislop gold project near Matheson, Ont., while, at the same time, putting the finishing touches on a joint venture in Indonesia.The juni…
Normabec eyes Mina Eureka
Junior Normabec Mining Resources (NMB-M) plans to acquire the Mina Eureka gold property in Jujuy province, Argentina.For its interest in the 14,000-ha property, Normabec must spend US$2 million in exp…
PRODUCER PRICES (December 23, 1996)
ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …
Laramide bids to take over Aquiline
With an eye on two promising Mexican properties, Laramide Resources (LAM-T) has launched a $5.3-million takeover bid for all outstanding shares of Aquiline Resources (AQI-V).Laramide already holds a 3…
Laminco and Placer Dome form joint venture in Mexico
A joint venture has been formed allowing the Mexican subsidiary of Placer Dome (PDG-T) to buy a majority interest in a portion of the San Antonio project, held by Laminco Resources (LMR-T).Empresa Min…
More gold for Anthian in Bolivia
Vancouver-based Anthian Resource (ANR-V) has confirmed gold mineralization at the Liphichi property in Bolivia.Hole PG-4, one of four diamond drill holes for which results have been received, returned…
Bre-X and Barrick submit proposal
Bre-X Minerals (BXM-T) and Barrick Gold (ABX-T) have presented to the Indonesian government a deal that may allow for the development of the Busang gold deposit.The companies submitted a joint proposa…
PEOPLE — HYMEX DIAMOND
Georges Maurer appointed chairman.
PEOPLE — FOOTWALL EXPL.
Nicholas Vlaovich and William Myers appointed directors.
CIM talk to focus on gold, markets
Gold will be the subject of a special meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held at 5 p.m. on Jan. 16 at Toronto’s Ontario Club.Pierre Lassonde, president of Fra…
Manhattan looks to outline tonnage at Candamena
A recent drilling program carried out by Manhattan Minerals (MAN-T) is outlining a bulk-tonnage, gold-silver deposit at the Candamena property in Chihuahua state, Mexico.The Candamena property is 25 k…