News

Bishop Res. adds ground to Mexican gold property

Having outlined four new targets on its Guadalupe gold property in Sonora state, Mexico, Bishop Resources International Exploration (CDN) has staked an additional 920 hectares. The new target areas we…


COMMENTARY — Reclamation not inexpensive

The gold mining industry in the United States spends millions of dollars annually on reclamation efforts. The planning, design, recontouring, revegetation and maintenance associated with reclamation e…


PRODUCER PRICES (December 27, 1993)

ALUMINUM: MW U.S. market US51.5-53 cents per lb. (Dec. 9, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993). …



Bolivar acquiring Nena concession

Bolivar Goldfields (VSE) can acquire a gold concession previously worked by local miners in the Chicanan district of Venezuela. The 2,000-hectare Nena concession is south of a gold discovery made by G…


Bitech, Noveder in option deal

Private company Noveder of Rouyn-Noranda, Que., has signed a letter of intent to acquire the Nugget Pond gold property in northern Newfoundland. Nugget Pond is owned by Toronto-based Bitech (ASE) and …




Funds move the marketplace

The short-term rebound in metals has yet to raise prices to profitable heights. Most of the London Metal Exchange (LME) volumes, which have doubled over similar periods last year, are almost entirely …


FINANCING (December 27, 1993)

Azco Mining — 3.2 million shs issuable upon the exercise of 3.2 million special wts @ $2.25 per special wt. Cambior — US $5.5 million units, each unit consisting of one common sh and one-half common…



Platinum supply to top demand

Supply for platinum is expected to have exceeded demand in 1993, reports Johnson Matthey. In its Platinum 1993 Interim Review, the metals fabricator says demand this year is expected to have expanded …


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