Improved mineral prices sent companies with low-risk, fast-return projects back to work in British Columbia last year, causing a moderate upswing in activity. The 1994 review of the provincial Ministr…
After years of relative quiescence, exploration activity is once again on the upswing in Ontario’s prolific Kirkland Lake gold camp. With a past production history totalling nearly 39 million oz. gold…
The province of Manitoba last year experienced its highest exploration expenditures in four years; ministry of energy and mines personnel estimate that $40 million was spent in this area. By year-end,…
Diamond exploration expenditures were the main area of growth in Saskatchewan in 1994, rising by more than 60% from the previous year. The ministry of energy and mines estimates that total surface min…
Molybdenum generated little interest in past years because of poor market conditions and depressed prices. But all that appears to have changed. Today, moly oxide prices are at the US$15.50-16.50-per-…
BGR Central Net Value $16.23 $6.52 Price $12.88 $6.25 Discount 20.67% 4.1% Value $127,058,000 $113,120,625…
Peruvian copper producer Southern Peru Copper has deferred the public offering of its common stock. The planned offering was a secondary offering by three of the company’s shareholders. Southern Peru …
Vancouver-based Ariel Resources (TSE) reported a net profit of US$180,000, or US0.019 cents a share. Incorrect information appeared in our issue of Feb. 20.
Geologist Chet Idziszek is probably better known for his work on the Eskay Creek gold mine project in northwestern British Columbia, or the advanced Petaquilla copper project in Panama, than for being…
The chief of the Dawson First Nation, Steven Taylor, says mining companies have to recognize that, with the implementation of First Nation self-government, aboriginal people will want to play a larger…
A US$900,000 exploration program is under way on the Ianna property in northwestern Guyana. Canarc Resource (TSE) can earn up to a 65% interest under a joint-venture agreement with Guyana-based Roraim…
Lower mining grades during the second quarter ended Dec. 31, 1994, adversely affected earnings for Glamis Gold Mines (TSE). The company reported net income of US$95,000 on revenue of almost US$9 milli…
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