The first two holes from the initial phase of drilling at the Taysan copper project in the Philippines returned higher copper and gold grades than averages quoted in previous reserve estimates. Chase …
Canada imports all of its chromium requirements, mostly as natural ores and concentrates, but also as ferrochromium. In the first nine months of 1992, imports of ores and concentrates fell by about 22…
About 300 employees will be affected by the temporary closure, planned for April, of the Troy silver-copper mine near Libby, Mont. Mine operator Asarco (NYSE) attributed the shutdown decision to persi…
Record revenues and earnings were reported by Centurion Mines (NASDAQ) for its 1992 fiscal year ended Sept. 30. The Utah-based junior noted that revenues increased 375% to US$834,851 over revenues of …
Gold production in Nevada totalled 6.5 million oz. in 1992, up from 5.8 million oz. the previous year, the state’s department of minerals reports. Giving the state a major boost was the Goldstrike min…
Several changes in mineral exploration legislation were recently announced by the Newfoundland and Labrador government, including: — The term of the exploration licence is increased to 20 years from …
In 1991, Canadian exploration expenditures totalled $532 million, down from $775 million in 1990. Senior companies spent $416 million and junior companies $116 million. Some 732 operators reported exp…
A letter of intent has been signed with Almaden Resources (VSE) concerning two gold properties in the Mexican state of Sinaloa, Eldorado (VSE) reports. Eldorado has been granted an option to earn a 51…
The Winston Lake mine relies on a modified Avoca method for extraction. But that wasn’t the technique considered in the early planning stages. Back then, flatback mechanized cut-and-fill (MCF) was tho…
Feb.23 Feb.22 Feb.19 Feb.18 Feb.17 High Low Composite”300″3452.78 3447.67 3426.31 3409.42 3417.70 4009.47 3009.91 Metals&Minerals 2893.08 2907.29 2891.83 2889.78 2906.96 3453.06 2502.63 Integrated Min…
MEND, OMEP, CORE, MDA, OMA, MABC, MNDM, GAC, MAC, FLIP, SLIP, BLIP, HIP. Enough! Enough! No more acronyms. Or if there must be acronyms, outlaw tongue-twisters like MNDM or MABC. MEND slips easily off…
Semi-monthly reports as of Feb. 15, showed 50,901,585 shares of 622 issues compared with 51,188,527 shares of 567 issues on Jan. 31. Larger individual positions included: Amax Inc. 35,889, up 35,889; …
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