Cash cost drops for gold producers
The average cash cost of Western gold producers dropped to US$247 per oz. in 1992 from US$260 the previous year, Gold Fields Mineral Services reports in its Gold 1993 report. otal average production c…
The average cash cost of Western gold producers dropped to US$247 per oz. in 1992 from US$260 the previous year, Gold Fields Mineral Services reports in its Gold 1993 report. otal average production c…
The world platinum market was marginally oversupplied last year by 20,000 oz., Johnson Matthey says in its Platinum 1993 Review. Supplies of the metal dropped by 8% in 1992 to 3.82 million oz. because…
The Ontario Ministry of the Environment and Energy has issued Madeleine Mines (TSE) final approval for operation of the Lac des Iles platinum-palladium mine, 60 miles north of Thunder Bay, Ont. Upon c…
Latin American Gold: Transactions and Opportunities, second edition, published by Metals Economics Group, P.O. Box 2206, Halifax, N.S. B3J 3C4. US$4,500. The publication provides a view of current gol…
The treasurer of Lac Minerals is Michael Smyth, not Michael Kennedy as reported in our May 24 edition.
Exploration and development of quartz veins on the Beaufor property near Val d’Or, Que., will soon be in high gear now that Aurizon Mines (ME) and Louvem Mines (ME) have joined forces. The two compani…
A 2,000-ft drill program is planned by Cusac Industries (TSE) to further explore the Table Mountain property near Cassiar, B.C. Crews are being mobilized and a camp established to allow the 7-hole dri…
The strategies employed in searching for mines vary from company to company. Among other factors, they are determined by company size, financial clout and management’s view as to which minerals offer …
Notwithstanding a full plate of interesting international gold prospects, one of Placer Dome’s (TSE) priority exploration programs is being played out at its North American flagship operation. The Bal…
The search for deposits has taken many Canadian junior companies abroad, including to Africa where the chances of discovering precious metals, base metals or diamonds are as favorable as anywhere else…
South Africa-based diamond house De Beers announced recently that it will buy more diamonds from producers because of an improvement in the market. The company controls more than 80% of the global tra…
The president of a mining company in Kirkland Lake, Ont., has predicted there will be a diamond mine in that camp by the year 2000. No doubt Carl Forbes would like his company, Strike Minerals (CDN), …
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