News

Aronos expected to make Mexican production decision

Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…



Eden Roc outlines gold anomaly

Eden Roc Minerals (TSE) has identified three major gold anomalies on a portion of its Ivory Coast exploration concession. One such anomaly runs for 900 meters, twice the length of the anomaly that out…


Valdez options Mexican prospect

Toronto-based Valdez Gold (ASE) has agreed to acquire two contiguous gold-mining claims in Mexico. Valdez will earn its interest in the Diana claims by paying US$2.3 million, of which US$1.9 million i…


Pioneer plans infill drilling

Infill drilling at Manitoba’s Puffy Lake gold mine should be under way by January, reports Pioneer Metals (TSE). The mine, northeast of Flin Flon, has been closed since 1989 and Pioneer hopes to retur…


Manitoba’s mining-friendly and open for business

Manitoba is mining-friendly and open for business. That was the message of provincial Mines Minister Donald Orchard here at the 25th Annual Manitoba Mining, Minerals and Petroleum Convention. And to h…


NEWS ROUNDUP — Hemlo to sell Central Crude stake

Gold producer Hemlo Gold Mines (TSE) is looking to sell its 48% interest in Central Crude (TSE) and its 60% interest in the Eagle River gold project, near Wawa. The decision followed a review of Eagle…


NEWS ROUNDUP — Spirit trenches LaSalle concession

Junior Spirit Lake Explorations (ME) has completed two of three previously announced private placements for a gross amount totaling $300,000. Proceeds will go toward exploring the LaSalle concession i…


PRODUCER PRICES (December 06, 1993)

ALUMINUM: MW U.S. market US49.5-50.5 cents per lb. (Nov. 11, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…


Salvadoran joint venture extended

Drilling on El Dorado, a gold project in El Salvador, continues to extend the Nueva Esperanza vein discovery. The project is being explored under a joint venture among three companies: Mirage Resource…




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