Noranda’s zinc output declines
Forecast zinc concentrate output this year from the mines of Noranda (TSE) has been reduced by more than was previously announced. A reduction of 90,000, rather than 70,000, tonnes is now expected. Th…
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COMMENTARY — Canadian presence in Nevada
The University of Nevada in Reno recently dedicated Canada Hall, a student-designed dormitory. Built to meet the needs of students in the 21st century, it is the first new dorm built in northern Nevad…
MVP Capital sells Valdez block
Toronto-listed MVP Capital Corp. has sold its 93.7% interest in Valdez Gold (ASE) to an investor group for $160,000. This latest disposition by MVP follows on the heels of other transactions. For exam…
Toronto Stock Exchange Indices (September 27, 1993)
— Week — Sept 21 Sept 20 Sept 17 Sept 16 Sept 15 High Low Composite”300″ 3937.33 3952.80 3978.31 3988.06 3967.89 3990.76 3947.79 Metals&Minerals 2824.52 2824.22 2881.87 2953.95 2960.12 2965.21 2787….
COUNTRY REPORT — The African nation of Zambia counts on its
Zambia is counting on its copper industry to remain a major source of foreign exchange and employment. The government of Frederick Chiluba says copper will continue to be the mainstay of the Zambian e…
Drilling permits for Matthews
Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…
Petaquilla reserves expanded by drilling
Drilling on the Petaquilla property in Panama is steadily expanding reserves. Adrian Resources (VSE), manager of the exploration program, has a 20% indirect interest in the project and an option to ac…
LAST BUT NOT LEAST — Dolobec sale gets shareholder nod
Shareholders of Quebec dolomite producer Dolobec have approved the sale of their company to Dufresnoy, Societe d’exploration miniere (ME) for $1.1 million. Dufresnoy intends to finance the acquisition…
Curragh’s control of assets slips
Time is running out for troubled Curragh (TSE), which lost control of virtually all its remaining assets at a recent court hearing in Toronto. Ontario Court Justice James Farley granted a request from…
NEWS ROUNDUP — Cambior acquires Grevet project
The Grevet zinc project in northwestern Quebec is now wholly owned by Cambior (TM/CBJ) The Val d’Or, Que.-based company has acquired Serem-Quebec’s 50% interest in Grevet, as well as the interests of …
Crown in Peru
VANCOUVER Crown Resources (TSE) has expanded its Latin American gold acquisition program into northern Peru. e company has applied for exploration and mining concessions in 10 areas, the most prospect…
High River options ground near Snow Lake
Under an agreement between High River Gold Mines (TSE) and Manitoba mining consultant Bruce Dunlop, High River can acquire two properties next to its Snow Lake gold project in northern Manitoba. One o…