Drilling on the Aldebaran property in Chile is reported to have outlined an extensive gold-mineralized stockwork deposit in the Cerro Casale area. Arizona Star Resource (VSE) is earning a 51% interest…
Malcolm Slack, chairman and driving force behind Deak Resources’ (TSE) effort to establish itself as a profitable producer and custom miller of gold, recently increased his stake in the Toronto-based …
Southern Peru Copper Corp. (SPCC) will proceed with a US$300-million capital investment program after settling a dispute with he Peruvian government over investment recovery contracts. Under the terms…
Australia company Walhalla Mining and 62% owned Red Rock Mining (VSE) say reverse circulation drilling on the Amelia gold property in Mexico has confirmed reserves established by the property’s previo…
ALUMINUM: MW U.S. market US51.25-51.75 cents per lb. (Jan. 2, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADM…
Resource issues were in favor the week ended Jan. 21, when the mining and minerals index jumped by more than 44 points. The general market portfolio index headed the other way, closing down by almost …
Partners Royal Oak Mines (TSE) and Queenston Mining (TSE) have intersected a new zone 2,500 ft. north of the old workings on the Upper Beaver mine property near Kirkland Lake, Ont. Results from hole B…
The Perron brothers from Kirkland Lake, Ont., say they plan to fund exploration of the Clenor property near Temagami, Ont., through Gwen Resources (ASE). Gwen President Alex Perron says he plans to ta…
Chile could account for 32% of the world’s total copper production by the year 2000, according to a study by the Center for Copper Studies (CESCO) which was published here recently. CESCO predicted th…
North America’s biggest gold producer, Newmont Gold (NYSE), is planning to introduce bioleaching technology at its Carlin, Nev., operations by 1994, says Chairman and Chief Executive Officer Gordon Pa…
With the acquisition of the Longshot Ridge deposit near Hawthorne, Nev., now complete, Kookaburra Gold (VSE) plans to concentrate on its development. Kookaburra purchased the property from Princeton M…
Assay results were released by Ican Minerals (TSE) from recent reverse circulation drilling on the Racey “porphyry” gold deposit 40 miles south of Baker, Ore. The company owns 100% of the property sin…
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