News

Canadian investment in Mexico likely to increase

A research study conducted by management consulting firm A.T. Kearney finds that there is strong potential for increased investment by foreign mining companies in Mexico. The study, sponsored by the M…


PROJECT ROUNDUP (April 20, 1992)

A contract to develop the Bajo de la Alumbrera copper-gold porphyry deposit in northwestern Argentina has been negotiated by International Musto Explorations (VSE) with a quasi-government mining compa…


Chile an obvious exploration target

The most most striking aspect of Chile, the worlds leading producer of copper, is its geographical shape. A mere 200 km wide (on average), it extends for more than 5,000 km along the coastline directl…


Argentine economic reform under way

Fundamental changes in thinking about economic policy are evident in Argentina, says Domingo Cavallo, the countrys minister of the economy. Taking a historical perspective, he notes in a report he co-…




GSC marks 150th year

The Geological Survey of Canada (GSC) celebrated its 150th anniversary on April 14 and to mark the event, activities are scheduled to take place across the country throughout the year. Exhibits will b…


Staking active near Kirkland Lake

The discovery of eight microdiamonds on Sudbury Contact Mines’ (TSE) Diamond Lake project east of Kirkland Lake, Ont., has sparked a staking rush in the area. Although it is too early to determine the…


Gold production falls at Bell, Williams mines

Gold production at the David Bell mine at Hemlo, Ont,. is expected to drop to 256,000 oz. this year from 283,128 oz. in 1991, Teck (TSE) says in its 1991 annual report. The mine reached its peak in 19…


EDITORIAL PAGE (April 20, 1992)

Strategic alliances are nothing new. A business combination of any sort — a joint venture, a merger, a partnership — could be described as such. But in current use, the term has come to mean a commo…


New stamp marks GSC birthday

Marking the 150th anniversary of the Geological Survey of Canada (GSC), Canada Post is issuing a series of commemorative stamps depicting this country’s leading minerals. Five in all, they will featur…


Copper smelter `bottleneck’ likely to continue

Arizona-based Magma Copper (NYSE) plans to increase its smelter capacity by up to 20% to take advantage of a growing worldwide “smelter bottleneck,” vice-president Bradford Mills told the Toronto Soci…


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