Cambior, Southwestern form Peru joint venture
Having already established itself as a leading Latin American gold producer, Cambior (TSE) is forming a joint venture with soon-to-be-Vancouver-listed Southwestern Gold on Southwestern’s Peruvian expl…
1993
Research effort benefits juniors
Associated companies Kenrich Mining (VSE) and Ambergate Exploration (VSE) are contributing to a research effort aimed at identifying possible extensions of the favorable Eskay Creek stratigraphy on gr…
LATIN AMERICAN ROUNDUP — Geomaque options Mexican bet
Geomaque Explorations (CDN) can earn a 100% interest, subject to a 3% net smelter return, in the San Francisco heap-leach property, 120 km south of Nogales, Mexico. An option agreement to this effect …
EDITORIAL PAGE — Lenin’s folly
According to reports in The Globe and Mail, scrap metal exports from Estonia, formerly within the orbit of the Soviet Union and now an independent state, have risen to the point that it has become the…
LETTERS TO THE EDITOR — Canada exporting engineers
Canadian mining and services companies are highly regarded internationally for technological, environmental and operational excellence. Mining can be seen as one of the pre-eminent environmental scien…
STOCK MARKETS — Base metal, diamond stocks both take a
Concern over second-quarter earnings and weak metal prices took its toll on base metal producers during the week ended July 20. For far less tangible reasons, the diamond stocks also took a beating. O…
LATIN AMERICAN ROUNDUP — Explorers show interest in Mexico
More than 100 companies, mainly from Canada and to a lesser degree from the U.S., Japan and Australia, are showing an interest in Mexican mining projects. This is largely due to changes in Mexican min…
Jordex sells Latin nickel deposit
Although investors are looking to Venezuela for its undeveloped gold potential, a junior company is poised for a significant return on an investment in a laterite nickel deposit, 65 miles southwest of…
Kinross acquires U.S. gold bets
Even before Kinross Gold (TSE) made front page news this week with its purchase of Falconbridge gold it had begun building an asset base with the acquisition of two small U.S. gold mines and two minin…
Amer. Barrick earnings jump 72%
A consistently outstanding performance at its Goldstrike mine in Nevada helped American Barrick Resources (TSE) post significant increases in production, earnings and cash flow for the first six month…
NEWS ROUNDUP — Glimmer, Hemlo to drill 31 holes
A 31-hole, 4,600-metre program will be completed on the Hislop Twp. property in northeastern Ontario this year, says Glimmer Resources (VSE). The program, expected to cost $322,000, is designed to pro…
Ownership dispute ends at White River
An ownership dispute over the White River project has been settled, allowing Akiko Gold (VSE) and Gold Giant Minerals (VSE) to form an exploration joint venture with Hemlo Gold Mines (TSE). The projec…