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…
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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…
Dowa to joint venture Tizapa project
Dowa Mining is set to develop its first commercial mining project outside Japan after a $32 million bid for the Tizapa polymetallic project in Mexico was accepted by the Mexican government. A world le…
Juniors taking hard look at Guyanese scene
A decision by the Guyanese government to sell nationalized industries back to the private sector in a bid to stimulate economic growth appears to have renewed the interest of Canadian juniors in that …
Old style preferred
The new stock market format is terrible. The market age with each exchange was always great reading; everything is lost in the new format.
Cheni to lease Mets gold deposit
A recent agreement with two junior companies sets the stage for Cheni Gold Mines (TSE) to begin a feasibility study and development plan to mine and mill the Mets gold deposit in the Toodoggone distri…
Metall ups stake in M.I.M. to 13.9%
German metals giant Metallgesellschaft AG, has agreed to sell Toronto-based subsidiary Metall Mining (TSE) 75.6 million shares of Australian company M.I.M. Holdings in exchange for 13.1 million shares…
B.C. budget adds to coal producers’ heavy tax burden
Low coal prices and a relatively high Canadian dollar have helped push British Columbia’s coal industry to the brink. The various taxes and charges facing the industry are seen as primary targets for …
Inco options Schell Ranch
An exploration joint venture recently formed by a unit of Inco (TSE) and a unit of Colony Pacific Explorations (TSE) provides for further exploration of the Schell Ranch massive sulphide project in Ca…
MINER DETAILS (April 13, 1992)
The Mining Association of British Columbia doesn’t like the first provincial budget brought down by Michael Harcourt’s New Democratic Party. The industry is taxed-to-the-max already, the association s…