Great Lakes gears up for production
It has been three long years since Great Lakes Minerals first listed on the Toronto Stock Exchange and embarked on a quest to join the select group of Canadian juniors that can boast an operating cash…
News
BM&S exploring
Toronto-listed Brunswick Mining and Smelting has earmarked $37.5 million over the next five years to find ore within trucking distance of its New Brunswick operation. If this search proves fruitless, …
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…
Platinum market in 1992 in oversupply
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…
Madeleine Mines receives environmental permit
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
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…
Correction (May 31, 1993)
The treasurer of Lac Minerals is Michael Smyth, not Michael Kennedy as reported in our May 24 edition.
Aurizon, Louvem exploring Beaufor play
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…
Cusac plans drilling on Table Mountain
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…
Rock mechanics symposium planned
The University of Texas, in Austin, will be the site of the first North American Rock Mechanics Symposium on June 1-3, 1994. This symposium, a regional meeting of the International Society for Rock Me…
Prof compiles deposit data
An economic geology professor at the University of Manitoba in Winnipeg has set up a library of samples, thin sections, photos and maps from more than 3,000 ore deposits around the world. Dr. Peter La…
Mahogany drilling
Vancouver-based International Mahogany (TSE) plans to drill 12 holes totaling 11,000 ft. on the Southern Cross gold property in Montana. The program will test deep structural and geophysical skarn tar…