News


New Canamin advances Huckleberry

A positive feasibility study on the Huckleberry porphyry copper deposit in west-central British Columbia marks the culmination of more than two years of work and $6.6 million in expenditures for owner…


Producer Prices (November 14, 1994)

ALUMINUM: MW U.S. market US85.5 cents-87.5 per lb. (Oct. 27, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 29, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994)…


Bolivar drills Tomi in Venezuela

Junior Bolivar Goldfields (VSE) has completed a second phase of reverse-circulation drilling on the Tomi concession in Venezuela’s Bolivar state. The 3,800-metre program identified two new mineralized…


Gibraltar to buy Chilean project

Toronto-listed Gibraltar Mines has opted to buy the Lomas Bayas copper property in Chile for US$14 million. The company will assume a royalty on copper production of US2 cents per lb., capped at US$3….


Rowland leaving Lonrho

One of London’s more controversial and colorful tycoons, Roland (Tiny) Rowland, will resign from the trading company Lonrho PLC, which he has run for three decades, Associated Press reports from the B…


Dynacor drilling Siscoe mine

An underground drilling program by Mines Dynacor (ME) will be aimed at uncovering new gold mineralization deep at the Siscoe mine property near Val d’Or, Que. The junior, which is planning a $300,000 …


Base metal discovery in Labrador

Vancouver-listed Diamond Fields Resources has discovered base metals mineralization containing nickel, copper and cobalt in southern Labrador. The nearest town is Happy Valley-Goose Bay. The mineraliz…


Huancaylla returns wide copper values

The first drill hole on the Huancaylla property in Peru has returned a 380.6-ft. intersection grading 1.13% copper, starting at surface. The hole was abandoned because of lost circulation at 380.6 ft….


Amarado to buy African company

A recent agreement sets the stage for Amarado Resources (VSE) to acquire a private South African company whose assets include diamond exploration projects in Botswana and South Africa. The private com…


NEWS ROUNDUP — Madsen buys Dona Lake mill

Junior Madsen Gold (TSE) intends to buy the facilities of the Dona Lake mine, near Pickle Lake, Ont. Madsen will pay $820,000 to Dona Lake Gold Mines for the plant, which includes the 500-ton-per-day …


Teck to fund Petaquilla study

Vancouver-based Teck (TSE) plans to fund a final feasibility study of the Petaquilla copper deposits in Panama, which were the subject of a preliminary study by Kilborn Engineering. A recent agreement…


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