The Central American nation of Costa Rica is host to a growing number of exploration companies. The country’s placer gold deposits have been exploited from the earliest days of the Spanish colonial re…
Western markets continued to advance during the period ended March 9, with the Vancouver Stock Exchange resource index posting a 13.53-point gain to 827.15 and the composite index adding a more modest…
Proven and probable reserves at the end of 1992 stood at 19.5 million oz., down 600,000 oz. from the previous year-end, Newmont Gold (NYSE) reports. Reserves added in 1992 amounted to 2 million oz. Ho…
Despite some political uncertainty in the wake of President Alberto Fujimori’s seizure of power last spring, capital for major mine development projects continues to pour into Peru. “The private secto…
Australian computer software company Mincom International recently opened offices in Santiago, Chile, a move the company says reflects the growth of mining-related business in that country. Mincom say…
Since the fall of the governments of the former east bloc and the rise of strong trade confederations such as the European Community, the nations of Latin America have been reforming their economies a…
A total of 1.84 million oz. gold was produced to the account of Homestake Mining (NYSE) in 1992, a modest 6% increase from the previous year. The increase was primarily due to the Homestake mine in So…
Encouraged by the results of an aggressive exploration program at the LaRonde gold mine near Val d’Or, Que., Agnico-Eagle Mines (TSE) will begin sinking a second shaft on the property this spring. The…
An undisclosed party recently signed a US$7.5 million option agreement to explore Trio Gold’s (ASE) wholly owned Rodeo Creek property, 30 miles north of Carlin, Nev. Trio said it will operate and mana…
Gwen Resources (ASE) has commenced dewatering the Kerr open pit on the New Buffonta gold property in Harker-Holloway Twp., near Kirkland Lake, Ont. The project is a 50/50 joint venture with Deak Resou…
The Ontario mining industry achieved its lowest injury rate ever, according to figures released by the Mines Accident Prevention Association of Ontario. The frequency rate of total injuries requiring …
The chief executive officer of Southern Peru Copper Corp. of New York has been awarded the Charles F. Rand Memorial Gold Medal by the American Institute of Mining, Metallurgical and Petroleum Engineer…
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