Homestake mine boosts production
The Homestake mine in South Dakota produced 13% more gold in 1993 than in the previous year. Indeed, at 447,600 oz., the operation enjoyed its highest level of production since 1971. Homestake Mining …
The Homestake mine in South Dakota produced 13% more gold in 1993 than in the previous year. Indeed, at 447,600 oz., the operation enjoyed its highest level of production since 1971. Homestake Mining …
Toronto-listed Teck intends to buy a 51% interest in a property near Timmins, Ont., from Band-Ore Resources (CDN). To do so, it must spend $800,000 on exploration over the next four years and pay $105…
The management of Aaron Oil (ASE) has decided to divide the company’s oil, gas and mining assets into two separate companies. The division is planned to enhance shareholder value and increase financin…
The largest mining company in Peru, Centromin, is up for sale. The sale of Centromin is a large step in the aggressive privatization program started by President Alberto Fujimori in 1992. It will mean…
Federal Finance Minister Paul Martin will address a May 4 joint luncheon during the Toronto ’94 mining show. The luncheon will be part of the Minerals Outlook Conference, a 1-day event sponsored by th…
Glen Dickson appointed president; William McCrindle appointed vice-president and John Greig appointed chairman.
Murray Provost and Bruce Horner appointed directors.
A drill hole on Bre-X Minerals’ (ASE) Busang prospect in East Kalimantan, Indonesia, has intersected gold mineralization. BRH-4A, the first hole in a program of 10, returned 4 grams gold per tonne ove…
Diamonds appear to be the primary attraction in Brazil. KWG Resources (ME) is producing diamonds from its Charneca property in the east. Previous estimates put the grade of the alluvial deposit in the…
The increase in diamond exploration in North America and the advanced stage of several projects in Canada’s North have triggered interest in De Beers Consolidated Mines and its marketing arm, the Cent…
We wish to convey our disappointment with the March 7, 1994, editorial page cartoon. As we view it, your newspaper, to which we subscribe, is trying to make fun of someone who has difficulty with the …
Partners BHP Minerals Canada and Dia Met Minerals (TSE) have applied to drive a decline and bulk-sample a third kimberlite pipe at their diamond project near Lac de Gras in the Northwest Territories. …
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