1992 — A LOOK BACK — Westray inquiry postponed
In the early hours of May 9, a gas explosion that left behind lethal concentrations of methane ripped through the Westray coal mine, killing 26 miners. After the blast, rock fall obstructed access int…
News
PRODUCER PRICES (January 04, 1993)
ALUMINUM: MW U.S. market US57-58 cents per lb. (Dec. 25, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…
Study in progress for La Colorada
Proceeds of $552,000 received by Eldorado (VSE) from an initial public offering will be combined with revenue from gold sales to further advance the La Colorada gold project near Hermosillo, Mexico. E…
1992 — A LOOK BACK — Lupin anniversary
A major Canadian gold mine — Lupin in the Northwest Territories — celebrated its 10th anniversary in 1992. The Lupin mine, operated by Echo Bay Mines (TSE), has produced more than 1.72 million oz. g…
Placer exercises USMX option
Mining giant Placer Dome (TSE) recently announced plans to exercise its option to purchase a block of ground adjacent to its Bald Mountain property in Nevada from USMX (NASDAQ). The option covers USMX…
BOOK BRIEFS (January 04, 1993)
Mine and Mill Equipment and Supplies 1993: An Estimator’s Guide to Costs. Published by Western Mine Engineering, Inc. P.O. Box 9008, Spokane, Wash. 99209. Price: US$240. This 150-page report quotes cu…
PEOPLE — INTERTECH MINERALS (January 04, 1993)
Dafydd Goronwy-Roberts and Victor Taylor appointed directors.
PEOPLE — WINSLOW GOLD (January 04, 1993)
Larry Nagy appointed director.
PEOPLE — NORTHWIND VENTURES (January 04, 1993)
Larry Nagy appointed director.
PEOPLE — EMERALD STAR MINING & EXPLORATIONS
Dennis Oswait and Vincent Brotherton appointed directors.
1992 — A LOOK BACK — Year of the diamond hunt
Without doubt, 1992 will be remembered within the industry as the year diamonds gripped the imaginations of prospectors and investors alike. Slow to react at first, junior companies staked millions of…
Market balances to 2005 for copper concentrates
No new greenfield copper smelters, including those currently planned or under construction, are required in the Western World until the end of the 1990s, according to a recent report prepared by Briti…