A feasibility study is expected to be completed soon at the San Francisco heap-leach gold project, 150 km north of Hermisillo, Mexico, of Geomaque Explorations (CDN). President John Paterson says that…
Primary silver production in Mexico increased by 3.7% in 1992, rising to 65 million oz. from 62.7 million oz., The Silver Institute of Washington, D.C., reports in its World Silver Survey 1993. The co…
Diamond drilling will be carried out this fall by Orcana Resources (VSE) on a newly acquired copper project in Mexico’s Sonora state. The junior can acquire the San Carlos project by paying US$500,000…
Already among the world’s 10 largest stock exchanges in terms of market capitalization, the Bolsa Mexicana de Valores (Mexican Stock Exchange) will soon benefit from a package of reforms to the Nation…
Option agreements may earn Cambior (TSE) a 50% interest in a pair of Mexican projects, the Metates gold property in Durango state and the Suaqui Verde copper oxide property in Sonora state. The Metate…
A follow-up program on significant placer-type deposits at the Cumaral gold property in the Mexican state of Sonora in planned by Aronos Multinational (CDN). The program, to test along the ridges and …
The largest mining group in Mexico signed a US$400-million, 6-year credit facility earlier this year to refinance existing short- and medium-term debt. Metal Bulletin reports that Grupo Industrial Min…
In production for about one year is the Bismark zinc mine owned by Mexico’s largest mining corporation, Grupo Penoles, Cyprus Minerals (NYSE), and Mexican venture capital company Promociones Industria…
Gold’s role as a reliable store of value can be important at times of political or economic uncertainty. This applies not only to Western investors but, more importantly, to the populations of countri…
In a private transaction, DCC Equities, a wholly owned subsidiary of Dundee Bancorp (TSE), has acquired an additional 10.6 million common shares of Black Hawk Mining (TSE). It now holds a 36.9% intere…
Debenture-holders have approved a restructuring plan for Princeton Mining (TSE), thereby paving the way for the company to eliminate its long-term debt. Holders of the company’s $12 million in convert…
Though not a good week for the base metal miners, our report week was far kinder to the gold and diamond stocks. For example, gold bullion posted a very solid move after drifting sideways for quite so…
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