Through staking and property options, Corner Bay Minerals (TSE) has acquired a 3,474-hectare land position in the Chihuahua state of Mexico, not far from the Texas border. Corner Bay will map and samp…
Production of zinc concentrate will be reduced in 1993 by 40,000-45,000 tonnes of contained zinc because of the worldwide surplus of zinc concentrate, Noranda Minerals, a unit of Noranda (TSE), report…
Workers at the David Bell gold mine, owned jointly by Teck (TSE) and Homestake (TSE), recently ratified a new 3-year collective agreement. Highlights of the contract include a 7% wage increase over th…
Murray Pezim appointed chairman of the board; Naren Majithia appointed director.
Only in a few areas of Mexico is gold the major ore in the local economy. One of these areas is in Durango state, between the towns of Pueblo Nuevo and Jocuistle in a geological region known as “Barra…
Widespread copper mineralization was encountered with grades of 1.5-2% dominantly copper oxide over widths of 20-60 metres at the Sierra Valenzuela property in northern Chile, Minera Rayrock (TSE) rep…
Nevada-based Great Basin Exploration & Mining recently signed a letter of intent to joint venture the Santa Lucia property owned by Fischer-Watt Gold (NASDAQ). The property is a 45.5-sq.-km concession…
Gold production in 1992 increased to 492,000 oz. at an average cash operating cost of US$125 per oz., compared with 469,000 oz. in 1991 at US$133 per oz., Hemlo Gold Mines (TSE) reports. Gold output f…
Randol Mining Directory 1993/1994. Published by Randol International Ltd. 21578 Mountsfield Drive, Golden, Colo 80401. 736 pages. More than 10,000 contacts at mining and exploration companies are list…
The first three holes have been completed by Soquem in its exploration program on Corner Bay Minerals’ (TSE) copper property near Chibougamau, Que. These are infill holes on the shear zone which hosts…
Vancouver-based Aber Resources (TSE) says it will complete 4,000 metres of drilling on the High Lake copper-zinc project in the Northwest Territories this year. The property, 65 km from the Arctic coa…
It’s amazing what effect a few words from a political leader can have on stock markets. When U.S. President Bill Clinton previewed his plans on national television to reduce his country’s deficit, the…
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