News

I note you published an article entitled “Black Swan Running In Red” (T.N.M., March 4/91). While I cannot argue with the facts which you set out in the article, I strongly disagree with your interpret…

TEXT: Local mining analysts are not expecting 1991 to be a banner year for exploration in British Columbia. The general economic downturn, the gutted flow-through financing mechanism, bearish equity …

Junior mining companies in Canada, slowed by a slumping economy, can only look back fondly at the heady days of the late 1980s when financing for exploration programs was readily accessible. Flow-thro…

With a reduction of 60% in U.S. zinc smelter capacity during the last 25 years there has been a consolidation in the industry favouring the integrated producer, the enterprise that mines, smelts, refi…

Exploration-oriented juniors which make the transition to gold producers without stumbling are few and far between. Crown Resources (VSE) is something of an anomaly, in that the company has yet to suf…

Darrell Curtis appointed a director succeeding Laurence Sookochoff who resigned.

“The best place to look for a new mine is near one,” is a tried and true exiom of the business. And by the same token, new ore deposits are frequently discovered close by known ones. Indeed the histor…

Noranda Exploration (Norex) plans to spend $75-80 million this year for grassroots exploration in North America says President John Harvey. Noranda Exploration conducts mineral exploration on behalf o…

TGA Management, a private company that owns a controlling 19.5% stake in Parlake Resources (TSE), is preparing to tighten its hold on the Toronto-based junior exploration company. Under an agreement w…

Still waiting for Minnova’s (TSE) response to feasibility results on the Mobrun polymetallic mine, Audrey Resources (TSE) is considering an alternate mining proposal which would limit the operation to…

Queenston and Strike Minerals have signed a formal joint venture agreement on the Robertson Twp. base metal property near Matachewan, Ont., giving Strike a 40% interest in the project. The partners ar…

For the third time in as many years, the annual average New York (Handy & Harman) price for silver in 1990, at US$4.82 per oz., was lower than for the previous year, the Silver Users Association of Wa…