U.S.REPORT (March 30, 1992)
Mining always has been considered risky and subject to cyclicality. The traditional categories of risk — price, technical and political — are familiar and reasonably well understood. It is the task …
News
Diamond sample shipped out, land scramble goes on
A 200-ton sample collected from the diamondiferous kimberlite near Lac de Gras, N.W.T., is on its way to Dia Met Minerals’ (VSE) diamond recovery plant near Ft. Collins, Colo. Dia Met and partner BHP-…
Nuclear engery and global warming
Uranium and Nuclear Energy 1991, proceedings of the 16th International Symposium held by the Uranium Institute. 12/F. Bowater House, 68 Knightsbridge, London SW1X 7LT, United Kingdom. Last year, 400 d…
Big mines show Mexico’s potential
Newcomers looking for evidence of Mexico’s mineral wealth need only look as far as La Caridad and Real de Angeles. Not only are they the latest mega-mining projects to be brought into production here,…
Canada shows dismal record for return on gold
Recent reflections on exploration success in this country have shattered the perception that, given some money and a little luck, a seasoned prospector has a good chance of finding an economic gold de…
Spot prices at a glance (March 30, 1992)
Week’s Price (US) Change Gold* $341.25 + $1.25 Silver* $ 4.11 + $0.04 Platinum* $353.50 – $0.40 Nickel** $ 3.28 – $0.07 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.55 – $0.01 Courtesy of Scotiaba…
Westmin drilling sets new standards
Preserving the natural environment was an important part of Westmin Resources’ (TSE) recent surface drill program at its Myra Falls mine property near this Vancouver Island community. The program was …
Goldbelt gets green light for projects in former USSR
Shareholders of Goldbelt Resources (VSE) recently ratified the company’s plans to develop mineral resources in two republics of the Commonwealth of Independent States (the former Soviet Union). Under …
Seniors counting on exploration
Senior North American gold producers churning out over one million oz. of gold per year must find or acquire the equivalent of one Eskay Creek property every two years in order to sustain reserves. By…
Creative thinking needed, Vior president says
A photo of Albert Einstein with the expression “imagination is more important than knowledge” lies next to the desk of Claude St-Jacques, president of Quebec City-based Societe d’Exploration Miniere V…
Cambior extends Giant program
The second phase of an undergrund exploration program at the Sleeping Giant gold project 40 miles north of Amos, Que., has been extended, Cambior (TSE), the operator, and Aurizon Mines (TSE) report. M…
Amax Gold, Bema to combine on Refugio property in Chile
If a recently signed letter of intent to purchase Cia Minera Refugio’s 50% interest in the Refugio property is completed, Amax Gold (NYSE) and Bema Gold (TSE) will become joint venture partners in the…