After taking a dramatic slide in the wake of the Aber-Commonwealth-SouthernEra blooper, Dia Met Minerals found its feet again during the week ended Nov. 24. Amid speculation that more news would be em…
Production has commenced at Sikaman Gold Resources’ (TSE) Sol Wood placer mine in Sierra Cty., Calif. The mine is expected to produce 25,000 oz. gold by October, 1993, and generate a cash flow of $4 m…
Early next month, nine Indian tribes will be at the 98th annual Northwest Mining Association convention in Spokane, Wash., to explain the benefits of prospecting on tribal lands. The Bureau of Indian …
The Maria copper mine in Mexico, 49% owned by Cominco Resources International (TSE), achieved during the third quarter, the highest level of operating profit since startup in 1990, the company reporte…
On Oct. 16, along with four colleagues from the mining and brokerage communities, I left for China on a 16-day fact-finding mission. Our visit was divided into four areas: Beijing, where the centre of…
Toronto-based Menora Resources (ME) says it has acquired an exclusive lease over the Estrella del Norte gold project in the Mexican state of Zacatecas. The company says it will continue to test the pr…
A new zone at the San Martin gold property at Llano Colorado in the Mexican state of Sonora is estimated to cover an area at least 300 metres by 400 metres, Aronos Multinational (CDN) reports. The com…
The Mission complex, just south of here, represents the combination of a number of mining interests over the years into a single property controlled by Asarco (NYSE). With the expansion of milling ope…
The recent announcement by Aber Resources (TSE) and its partners Commonwealth Gold (VSE) and SouthernEra Resources (TSE) that the yellow microdiamonds recovered from a kimberlite on their Lac de Gras …
Production increases at all mines and the startup of a new operation enabled Pegasus Gold (TSE) to report record production for the first nine months of 1992. The company produced a total of 288,000 o…
Gold production increased by 16% during the third quarter of 1992 while cash costs per oz. decreased by 23%, Lac Minerals (TSE) reported. In the first nine months of 1992, gold output increased almost…
Placer Dome’s (TSE) Porgera mine in Papua New Guinea chalked up another first with the recent successful commissioning of a 670-ft. underground vertical ore conveyor. The conveyor, the first of its ki…
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