The Mission complex, just south of here, represents the combination of a number of mining interests over the years into a single property controlled by Asarco (NYSE). With the expansion of milling ope…
With field activities completed for the season, Crown Butte Resources (TSE) plans to continue permitting work “at a priority pace” this winter for its New World gold project in Montana. The company re…
A letter of agreement has been signed between Gowest Amalgamated (ASE) and Placer Dome (TSE) whereby Placer may earn a 75% interest in Gowest’s property in northeastern Ontario. The property comprises…
Mining accounts for 11% of Peru’s gross domestic product and about 45% of total exports, the country’s minister of mines and energy said at a recent meeting in San Francisco. The industry employs more…
A. Tonken appointed president and chief executive officer.
The 571 unionized employees at Canadian Electrolytic Zinc (CE Zinc) have voted 89% in favor of a new 3-year collective agreement. Under the terms of the new contract, effective Nov. 1, the average wag…
Drilling on Glimmer Resources’ (VSE) Beatty-Hislop property in northeastern Ontario has intersected a new zone of alteration. The new zone is about 300 metres north of the other known mineralized zone…
The recent purchase of an option on a further 7.5% interest in Taysan Copper, a Philippine company, gives Chase Resources (VSE) control over 67.4% of the Taysan project. On assignment of the 7.5% inte…
The Canadian Institute of Mining, Metallurgy and Petroleum’s economics committee in Toronto heard an enlightening talk by Robert Adams, who recently returned from the Commonwealth of Independent State…
Semi-monthly reports as of Nov. 15, showed 36,786,868 shares of 593 issues compared with 38,169,498 shares of 570 issues on Oct. 31. Larger individual positions included: Amer. Barrick 273,674, up 29,…
Exploration activity has slowed this year in the isolated, mineral-rich area of MacMillan Pass, up the North Canol Road near the Yukon-Northwest Territories border. “It’s getting marginal whether they…
With engineering planning now under way for the development of the Sanchez copper project, owner Azco Mining (TSE) has retained First Boston as its lead financial adviser. Pending the receipt of final…
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