1994

Grouse Creek drilling cuts high-grade gold

Underground drilling by Hecla Mining (NYSE) has intersected several spectacular sections of gold-silver mineralization at the company’s joint-ventured Grouse Creek deposit in Idaho. One of the most im…


EDITORIAL PAGE — Whitehorse Initiative puts ball in

It is easy for the mining industry to be cynical about government’s willingness to take action to protect its future in Canada. And it is probably easy for environmentalists and labor groups to be cyn…


NO HEADLINE (September 19, 1994)

William focuses on projects in Mexico and South Africa Following the acquisition of mining contractor Bharti Laamanen Mining in July and a subsequent reorganization of company management, William Reso…


Canarc drilling in Venezuela

Drilling is under way on the Aurora property in Venezuela. Canarc Resource (VSE) is funding the work under a 50-50 joint-venture agreement with Tombstone Explorations (VSE). Surface exploration over t…


Altai active at Manto Azul

A feasibility study is in progress on the Manto Azul copper project in west-central Peru, Altai Resources (TSE) reports. Acid leach column tests show that 77% of the total copper and 98% of the solubl…


Rio Narcea explores Spanish prospects

Denver-based Rio Narcea Gold (TSE) has acquired its second group of gold exploration properties in northern Spain. The Ibias project, in Asturias province, includes 78 sq. km of investigation permits …






METAL PRICES (September 19, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Sept.13 Sept.12 Sept.9 Sept.8 Sept.7 Copper 2503-2504 2497.5-2498.5 2481-2482 2473-2474 2467.5-2468.5 Lead 616-617 611-612 608.5-609.5 6…



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