Spanish conquistador Pedro de Valdivia, if folklore is correct, met an especially horrific end. Crossing the Atakama Desert in northern Chile on his way to adding yet another South American colony to …
The names Pilgrim’s Rest, Barberton and Murchison Range ring down through South African mining history in the same way as do Kirkland Lake and Cadillac in Canada. These were the first significant gold…
Aug 18-21, Ottawa, Ont. 30th Annual Conference of Metallurgists & 21st Annual Hydrometallurgical Meeting of CIM. Also featuring Copper ’91 (int’l conference on the economics, mineral processing, extra…
When Freeport-McMoRan Inc. reorganized in 1989 and started selling off $2.15 billion in non-core assets, Greenstone Resources recognized an opportunity. Already familiar with Latin America through its…
A Lamentable Decline First of all, my compliments on the March issue, which was excellent (as are most of the issues). I want to comment on Don Cranstone’s article on exploration expenditures and the …
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …
The Canadian exploration sector is now halfway through a very difficult year. In British Columbia, however, the news is both good and bad. The bad news is that financings of junior mining companies ha…
About one month after American Barrick Resources (TSE) dropped its option on the Amelia 7 gold property in Mexico, Toronto-based Chutine Resources (TSE) has found another company willing to finance ex…
Shareholders of Tenajon Resources (VSE) and Royal Scot Resources (VSE) recently approved a proposal to merge the two companies. The amalgamation is still subject to final regulatory and court approval…
A unit of Placer Dome (TSE) recently concluded an agreement with a Chilean government mining corporation for evaluation and possible development of the Andacollo copper deposit in northern Chile. The …
The fortunes of British Columbia’s mining industry continued a downward trend in 1990, with coal operations being particularly hard hit and the industry suffering an aggregate loss of $95 million for …
Hemlo Gold Mines (TSE) reported earnings of $8.6 million (10 cents per share) for the second quarter compared with $1 million for the same period last year. The 1990 income included the writedown of H…
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