InterStar closes manganese sale
The first commercial sale of manganese ore production from the Burkina Faso mining project in Africa has closed, InterStar Mining Group (CDN) reports. The 10,000-tonne purchase order was processed by …
News
Aur search for base metals extends to eastern U.S.
In its search for new volcanogenic massive sulphide deposits, Aur Resources (TSE) has targeted the Northern Volcanic Belt in the Appalachian mountains of Maine and New Hampshire as a top priority. Thi…
Cameco property reserves decline
Reserves have decreased at Cameco’s (TSE) mineral properties in Saskatchewan. As of Jan. 1, 1993, the company’s share of uranium reserves from five deposits was 460 million lb. U3O8. This represents a…
Nebex plans drill program for two Yellowknife prospects
Calgary-based junior Nebex Resources (ASE) will soon start surface drilling on its Walsh Lake and adjacent Northbelt gold properties, immediately north of Royal Oak Mines’ (TSE) Giant Yellowknife gold…
Ontex placement falls through
Mr. Osama Eissa, who had agreed to subscribe to a private placement of up to 500,000 units of Ontex Resources (ASE) at $1.21 per unit, has failed to complete the placement. As a result, the agreement …
LATIN AMERICA SPECIAL — Bolivia is poised to benefit from
Having enjoyed more then 10 unbroken years of democratic government and offering some of the most favorable investment rules in Latin America, Bolivia looks increasingly promising to mineral investors…
EDITORIAL PAGE — Opening up the north
Times are a-changing for everyone. What used to be considered the frontier lands of northern Canada have today been, if not tamed, then slightly subdued by civilization. Political events both at home …
LATIN AMERICA SPECIAL — Panama boasts mining potential
Despite its massive copper potential, Panama’s first major mining operation may be gold. The country’s Cerro Colorado project is a major porphyry copper deposit. It is in the western part of the count…
Kookaburra proceeding with Chaucha testing
Metallurgical testing is proceeding on a 1,200-lb. sample of material from the Chaucha deposit. Kookaburra Resources (VSE) can earn a 50% interest in the Ecuador project from AG Armeno Resources (VSE)…
TSE SHORTS (March 15, 1993)
Semi-monthly reports, as of Feb. 28, showed 54,644,263 shares of 620 issues compared with 50,894,685 shares of 621 issues on Feb. 15. Larger individual positions included: Aber 61,200, up 30,500; Adex…
Treminco acquires option on greenstone belt claims
Vancouver-based Treminco Resources (TSE) has acquired 28 square miles of claims within the Yellowknife greenstone belt in the Northwest Territories through staking, transference of mineral rights and …
Hemlo Gold drill program planned for Kli Yul prospect
Based on last year’s exploration results, Hemlo Gold Mines (TSE) will drill five holes totalling between 1,640 and 2,460 ft. on the Kli Yul property, held 55% by Vital Pacific Resources (VSE) and 45% …