The annual summer doldrums are having a mixed effect on metals markets, with producers waiting out the holiday shutdown period and metal prices varying from strong to weak.Some speculators, who desert…
Denver-based Echo Bay Mines (TSE) has sold its entire equity interest in Muscocho Explorations (TSE).The senior sold 11.5 million shares privately at 25 cents each for proceeds of $2.9 million. The sh…
Grants have been allocated to 68 prospectors under the British Columbia government’s Prospectors’ Assistance program.The grants are part of the Explore B.C. program, announced in this year’s provincia…
By the end of August, Falconbridge expects to close the sale of its Lakefield Research division though a management buyout.Falconbridge President Frank Pickard says the company decided to sell the div…
The admission to hospital of mining promoter Murray Pezim is not expected to slow down his flagship company, Prime Equities International (VSE).The Vancouver-based businessman underwent abdominal surg…
ALUMINUM: MW U.S. market US84-85 cents per lb. (June 30, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CADMIU…
Two Vancouver-listed juniors, Noront Resources and Golden Trump Resources, have signed a joint-venture agreement covering six claim blocks north of the Voisey Bay area of Labrador.Golden Trump can ear…
Field crews on the VBE-1 claim group in the Voisey Bay region of Labrador have turned up disseminated and bleb-type pyrite, pyrrhotite and chalcopyrite mineralization in anorthosite bedrock.Columbia Y…
Noranda Mining & Exploration, a unit of Noranda (TSE), has exercised its first right of opportunity concerning Yamana Resources’ (TSE) Santa Cruz project in southern Argentina.By exercising this right…
Metallurgical tests on the Box and Athona deposits in northern Saskatchewan indicate a gold recovery of 92%, based on a head grade of 0.054 oz. gold per ton.The two deposits, which constitute the Gold…
Although still subject to due diligence and regulatory approval, Teck (TSE) has agreed to provide $8.8 million in equity financing for the exploration and development of Lysander Gold’s (VSE) Passagem…
Amax Gold (NYSE) has begun 2,000 ft. of drilling on its 80%-owned Gil gold prospect in Alaska.The first hole will be drilled near a previous one, which intersected 90 ft. grading 0.067 oz. per ton at …
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