Having recently intersected a kimberlite on their Lac de Gras area property, Aber Resources (TSE) and partners SouthernEra Resources (TSE) and Commonwealth Gold (VSE) must now await processing results…
Four mining companies and the federal government have invested $100,000 to see if ultramicrobacteria, or UMBs, can successfully and cheaply replace clay as a capping agent for tailing ponds. If succes…
Despite the difficulties faced by mining in general, Mexico in 1991 was among the 11 top producers in the world’s mining and metallurgical industry in 19 minerals. In 1991, the mining and metallurgica…
By the second quarter of 1993, International Musto Explorations (TSE) expects to complete a feasibility study which it hopes will bring the technical and economic potential of the Bajo de la Alumbrera…
An option to earn a 50% interest in the Duquesne gold property north of Rouyn-Noranda, Que., has been acquired by Hemlo Gold Mines (TSE) from Radisson Mining Resources (ME). To earn its interest, Heml…
Toronto-based junior Goldpatch Resources (CDN) has agreed to purchase all of the issued shares of a numbered Ontario company in exchange for $125,000 in cash and one million common shares of Goldpatch…
I regret that I am unable to renew my subscription due because of M.R. Brown’s column “Warding off `penny dreadfuls’ ” (T.N.M., Sept. 14/92). I am a promoter of several of such “penny dreadfuls.” Mr. …
Drilling on the Beatty-Hislop prospect in northeastern Ontario has extended the East zone at depth, Glimmer Resources (VSE) reports. Hole 70 intersected 12.14 grams gold per tonne (0.35 oz. per ton) a…
A cash position of $46.2 million at the end of the third quarter was reported by zinc-lead producer Curragh (TSE), which also recorded a loss for the 3-month period ended Sept. 30. The company says th…
An agreement to expand its land position in West Africa’s Ivory Coast, to about 1,000 sq. km from 250 sq. km, has been reached with the government agency SODEMI, gold producer Eden Roc Minerals (TSE) …
Net earnings of $14 million were reported by Teck (TSE) for its latest quarter ended Sept. 30, a sizable increase from the $6 million reported in last year’s third quarter. The company’s mining operat…
A recent decision by the Quebec Court of Appeal has granted Toronto-based junior Exroy Resources (CDN) full title to 48 claims in the Ungava nickel copper belt in northern Quebec. This decision will a…
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