In 1934, when the U.S. raised the price it would pay for gold from US$20.67 to US$35 per oz., it was deluged by sellers. By 1949, reserves reached 700 million oz. This huge increase put the U.S. in th…
Like a phoenix rising from ashes, a new gold project in northwestern Ontario may yet be developed despite earlier environmental concerns. In 1989, the Duport project of Consolidated Professor Mines (T…
Stringent cutbacks in production at a time of high demand from the stainless steel sector mean that demand for ferrochrome exceeded market economy supply in 1993, according to market analyst Roskill o…
The Northwest Territories recorded a banner year for exploration in 1993, with the search for gold, base metals and diamonds racking up record highs for drilling and staking activity. The Territorial …
Development of the Grevet zinc project, 50 miles northeast of Lebel-sur-Quevillon, Que., by Cambior (TSE) continues. Work last year included the sinking of a shaft and drilling to confirm the reserve …
Total attributable gold production for Goldcorp (TSE) approached 100,000 oz. in 1993, compared with 92,798 oz. in the previous year. Goldcorp is the major shareholder of Dickenson Mines (TSE) and Whar…
For much of the past decade, junior mining companies listed on western markets focused on projects in Canada and the U.S., where the target was typically gold. Today, they are raising funds to explore…
In multiple news conferences in Washington, D.C., critics pummeled the hardrock mining industry for its historical environmental performance. These attacks have focused on abandoned mines in western s…
Junior International Gold Reserve (CDN) has optioned a 27-sq.-mile concession in western Ghana. The ground, near Tarkwa, is underlain by a conglomeritic unit which hosts the Iduapriem and the Teberebi…
Prospector Bruno Poulin may be able to do just about anything. From building trucks and bridges to healing people with his touch, this prospector is about as versatile as they come. “I do all kinds of…
Stalled since the 1960s, Cuba’s mining industry is now gaining momentum as Canadian explorers venture to the island in search of mineral wealth. At last count, eight resource companies had signed agre…
The steel industry and automakers have begun work on new ways to design and engineer car bodies that could make them up to 20% lighter, trebling current potential for weight savings. The results of th…
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