Gold production increased by 16% during the third quarter of 1992 while cash costs per oz. decreased by 23%, Lac Minerals (TSE) reported. In the first nine months of 1992, gold output increased almost…
Third-quarter earnings for Amax Gold (NYSE) took a turn for the worse, sliding to US$700,000 from US$5.4 million for the same period last year. Earnings for the nine months ended Sept. 30 were also lo…
One of the highest-profile projects in southwestern U.S. is the continuing exploration and development program at the Pipeline gold deposit in Crescent Valley, Nev. The Pipeline project is part of the…
With the promising Brookbank gold project near Beardmore, Ont., still tied up by a property ownership dispute, the president of Ontex Resources (ASE) recently sold some of his interest in the junior. …
Waddy Lake Resources (TSE) has announced further drill results from a recently completed program on its Komis deposit near La Ronge, Sask. The 20-hole program was designed to confirm and expand minera…
Toronto-based junior Glencairn Exploration (ASE) has purchased a 100% interest in a 60-claim base metal property near Cranbrook, B.C. The claims are three kilometres southwest of a property where Cons…
After a far-reaching search, Placer Dome (TSE) appointed John Willson as president and chief executive officer to replace Anthony Petrina who resigned from both positions in mid-September of this year…
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Week’s Price (US) Change Gold* $334.75 – $0.65 Silver* $ 3.76 – $0.01 Platinum* $356.25 + $2.75 Nickel** $ 2.47 + $0.04 Lead** $ 0.21 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.48 + $0.01 Courtesy of Scotiaba…
A slowdown in mining exploration coupled with recent mine closures in the Chapais-Chibougamau region has forced the Quebec government’s mining exploration company Soquem to revise its exploration stra…
I would like to take this opportunity to respond to the article “Jake Epp should resign” (T.N.M. Sept. 21/92) by Steve Parry, speaking in his dual capacities as president of the Porcupine Prospectors …
Construction of a rail line in Venezuela could benefit a Canadian company which has a 40% interest in a limestone quarry along the rail route. International Kengate Ventures (VSE) says its quarry, sit…
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