Emergency rule declared in Peru
The South American nation of Peru, a major silver producer, was under a state of emergency rule after a decade of democratization as this Latin American issue went to press. The countrys military and …
News
Bolivia less reliant on tin mining
Bolivia has a long mining tradition. The country produces gold, tin, zinc, silver, antimony, lithium and lead. For decades, tin mining has been the mainstay of the Bolivian economy. Recently, internat…
Melinga drilling in Honduras
A contract to drill 150 holes, 30-50 metres each in length, in northwestern Honduras was recently entered into with a Guatemalan company, Melinga Resources (VSE) reports. The program is concentrating …
Arimetco acquires stake in Bolivian copper properties
Planning to become the first foreign exporter of cathode copper from Bolivia is Arimetco International (TSE). The company recently acquired an 85% stake in three oxide copper properties hosting five m…
PRODUCER PRICES (April 20, 1992)
ALUMINUM: MW U.S. market US60-61 cents per lb. (Apr. 2, 1992). ANTIMONY: New York dealer US78-82 cents per lb. (Mar. 26, 1992). BISMUTH: New York dealer US$2.50-2.70 per lb. (Mar. 26, 1992). CADMIUM: …
Exploration intensifies in the Dominican Republic
The mining sector has achieved considerable importance in the Dominican republic during the last decade. It offers extensive development potential through its diverse and sizable resources. Based on s…
PROJECT ROUNDUP; PROJECT ROUNDUP
Calgary-based Dakota Resources (ASE) says it has been negotiating with a South American group for the licensing of a process and related technology for the development of volcanic ore deposits in Sout…
Minerals boost Brazilian economy
Significant changes in Brazils economic and political structures are taking place at this time as a new administration under Fernando Collor, the first president to be elected by popular vote in 29 ye…
NEWS ROUNDUP (April 20, 1992)
Weak metal prices and a high Canadian dollar forced Audrey Resources (TSE) to report a loss of $1.1 million or 7 cents a share in 1991, compared to a loss of $2.9 million or 19 cents a share in 1990. …
OBITUARY (April 20, 1992)
The founder of Nelson Machinery, Jack Henry McMullen Greenwood, died recently at age 87. Greenwood was born at the Hudson’s Bay trading post of Lac Seul, Ont., and began working for that company at th…
PEOPLE (April 20, 1992)
Dianne Brin, Robert Lachance and Kelly Shane Montalban appointed directors.
GUEST COLUMN (April 20, 1992)
The objective of mineral exploration is to find ore deposits, and to estimate grades and contents in an unbiased manner and with a reliable, realistic and affordable degree of precision. The term “unb…