Sherritt Gordon reports profit
Despite the recession and weak commodity prices, Toronto-based nickel refiner and fertilizer producer Sherritt Gordon (TSE) stemmed the flow of red ink in 1991 to report a profit. For the year ended D…
News
Eurus drops Spectrum option
Chet Idziszek has spent much of this year dropping exploration projects in northwestern British Columbia, the latest being the Spectrum gold property in the north Iskut area of British Columbia. Idzis…
Timmins Nickel adds reserves to Dome Mountain mine
Toronto-based Timmins Nickel (TSE) recently reported some encouraging new developments at its Langmuir nickel project near Timmins, Ont., and at the Shaw Dome gold mine in British Columbia. Timmins Ni…
Who will find the first Canadian diamond mine?
Several months have passed since 81 small diamonds were discovered in a kimberlite pipe 200 miles northeast of Yellowknife, N.W.T. In the meantime, more than 5,000 square miles have been staked in the…
U.S.REPORT (March 30, 1992)
Mining always has been considered risky and subject to cyclicality. The traditional categories of risk — price, technical and political — are familiar and reasonably well understood. It is the task …
Diamond sample shipped out, land scramble goes on
A 200-ton sample collected from the diamondiferous kimberlite near Lac de Gras, N.W.T., is on its way to Dia Met Minerals’ (VSE) diamond recovery plant near Ft. Collins, Colo. Dia Met and partner BHP-…
Nuclear engery and global warming
Uranium and Nuclear Energy 1991, proceedings of the 16th International Symposium held by the Uranium Institute. 12/F. Bowater House, 68 Knightsbridge, London SW1X 7LT, United Kingdom. Last year, 400 d…
Big mines show Mexico’s potential
Newcomers looking for evidence of Mexico’s mineral wealth need only look as far as La Caridad and Real de Angeles. Not only are they the latest mega-mining projects to be brought into production here,…
Canada shows dismal record for return on gold
Recent reflections on exploration success in this country have shattered the perception that, given some money and a little luck, a seasoned prospector has a good chance of finding an economic gold de…
Spot prices at a glance (March 30, 1992)
Week’s Price (US) Change Gold* $341.25 + $1.25 Silver* $ 4.11 + $0.04 Platinum* $353.50 – $0.40 Nickel** $ 3.28 – $0.07 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.55 – $0.01 Courtesy of Scotiaba…
Westmin drilling sets new standards
Preserving the natural environment was an important part of Westmin Resources’ (TSE) recent surface drill program at its Myra Falls mine property near this Vancouver Island community. The program was …
Goldbelt gets green light for projects in former USSR
Shareholders of Goldbelt Resources (VSE) recently ratified the company’s plans to develop mineral resources in two republics of the Commonwealth of Independent States (the former Soviet Union). Under …