News

Juan Mabanta appointed president; Heinrich Degemann appointed chairman of the board and Daniel Power appointed director.

Mexico has the oldest post-Columbian mining tradition in the Western Hemisphere, beginning with the establishment of the first iron foundry in the state of Veracruz in 1519. Historically, silver has b…

A study of a proposed garnet quarrying and processing operation near the Apex recreation area 32 km west of Penticton, B.C., was recently completed, although no decision was made on the project’s futu…

ALUMINUM: MW U.S. market US60.50-61.50 cents per lb. (Jul. 23, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…

Royal Oak Mines (TSE) says it will buy all of the processing facitilies of ERG Resources from a secured creditor for $1.79 million. Royal Oak says it will not incur any liability for ERG’s past activi…

Subject to regulatory approval, Tundra Gold Mines (VSE) plans to complete a merger with Oneida Resources (VSE) and Golden Pond Resources (VSE) to form a new company, TGO Resources. The amalgamated com…

New mining legislation will open Mexico’s mining industry to increased foreign investment and expanded exploration. For the first time, foreign investors will be permitted up to 100% participation in …

How ridiculous can some of those vociferous, head-in-the-clouds environmentalists, including our own public servants, get? A case in point would have to be a charge against Maybrun Mines, a small isol…

Bill Love appointed director.

Bruce Walker appointed director.

Shares of White Star Copper Mines (CDN) broke through the $1 mark in active trading on growing speculative interest in the current drilling being carried out by Falconbridge on the company’s small but…

New partners Piedmont Mining (NASDAQ) and Amax Gold (NYSE) recently signed a definitive joint venture agreement for the Haile property near Kershaw, S.C. Amax announced the purchase of a 67.5% interes…