A drill program carried out by a unit of Cominco (TSE) during 1991 more than doubled preliminary reserves at the 100% owned Pebble Copper deposit in the Bristol Bay region of Alaska. The deposit is no…
Calgary-based Trev (ASE) recently announced that Cameco (TSE) will proceed with a second-phase program of reconnaissance and detailed follow-up work on the Stewart property in northwestern British Col…
Eden Roc Mineral (ASE) recently announced its first production pour — 313 oz. of dore — from its Afema heap leach gold mine project in the Ivory Coast, West Africa.
Axagon Resources Ltd – 300,000 units consisting of 1 sh and 1 wt offered @ $1.40 per unit. GHZ Resource Corp – 600,000 shs offered @ 20 cents per sh. Aquila Resources Ltd – 1,000,000 shs offered @ 35 …
As the president of the Prospectors and Developers Association of Canada (PDAC), I would like to comment on Don McKinnon’s remarks (letter to the editor, T.N.M., Feb. 24/92) on my support for Ontario’…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 3 Mar 2 Feb 28 Feb 27 Feb 26 Copper 1289-1290 1297-1298 1295-1296 1298-1299 1291…
A 50% interest in Jena Mines Ltd., which operates a small gold mine in central Zimbabwe, is being acquired by Trillion Resources (ASE). The purchase, subject to regulatory approval, is being made thro…
Refurbished undergraduate laboratories used by mining engineering students at Queen’s University in Kingston, Ont., were officially opened March 5. Nickel producer Inco Ltd. donated $1 million toward …
A production record of 123,000 oz. gold was set in 1991 by a unit of Nerco (NYSE) at its Con gold mine on the outskirts of Yellowknife, N.W.T. The Canadian operation was the largest contributor to Ner…
In a recent report, Coal in Canada, the Canadian Energy Research Institute in Calgary reviews the history and current status of Canada’s coal industry. While coal is both an important source of domest…
ALUMINUM: MW U.S. market US58.75-60.50 cents per lb. (Feb. 20, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…
Toronto-based Falconbridge plans to spend $40 million on exploration in 1992, compared with $50 million in 1991. Grassroots funds will be directed mainly at projects in Ontario and Manitoba, including…
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