Based on work to date, the Marudi Mountain property in southern Guyana has a drill-indicated and possible resource of about 9.6 million tons grading 0.07 oz. gold. Sutton Resources (VSE) says most of …
In a share swap, Utah-based Royal Minerals (NASDAQ) plans to acquire the outstanding shares of privately owned Montana Reserves. Existing shareholders of Royal Minerals will end up owning about 18% of…
In the mid-1960s, the Quebec government created Soquem, a mining exploration outfit. This government-funded enterprise proved remarkably successful in an industry noted for its private enterprise bias…
A recent preliminary agreement among the world’s leading aluminum-producing nations could mark a watershed in the management of commodity markets. The purpose of the agreement, reached in Brussels, wa…
Having been cut loose by Northgate Exploration, Campbell Resources (TSE) is confidently striking out on its own. President John Kachmar says the company hopes to produce 55,000 oz. gold in the current…
Five months after operations resumed, the Oracle Ridge copper mine in southwestern Arizona is reported to be running smoothly. Seventy-per-cent owner Southern Copper (VSE) placed the underground mine …
A high-grade gold occurrence has been discovered at the Grouse Creek project in south-central Idaho. Operator Hecla Mining (NYSE), whose partner in the venture is Great Lakes Minerals (TSE), reports t…
ALUMINUM: MW U.S. market US60.75-62.25cents per lb. (Mar. 3, 1994). ANTIMONY: MW New York dealer US76-80cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993)…
Permit applications will be submitted early this year for an open-pit, heap-leaching operation at the McDonald gold property in the northwestern corner of Montana. This decision is based on a positive…
Partners Athena Gold (VSE) and Pegasus Gold (TSE) have agreed to a 45-day extension to negotiate the future of their Talapoosa joint venture in northwestern Nevada. Pegasus can earn up to a 70% intere…
Regarding the editorial “Engineering some respect” (T.N.M., Jan. 17/94) and the reference to the Ritual of the Calling of the Engineer, the described conditions do not apply to Section No. 10 Quebec o…
The Yukon Prospectors Association (YPA) and the Canada-Yukon Geoscience Office hope to spur exploration in the southern part of the territory with an airborne electromagnetic survey. Craig Hart, proje…
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