Ariel No. 1 gold producer in Costa Rica
With the Matapalo mill approaching its 300-ton-per-day capacity, Ariel Resources (VSE) is Costa Rica’s largest gold producer. The company produced 9,413 oz. in the fiscal year ended Sept. 30, 1993, an…
With the Matapalo mill approaching its 300-ton-per-day capacity, Ariel Resources (VSE) is Costa Rica’s largest gold producer. The company produced 9,413 oz. in the fiscal year ended Sept. 30, 1993, an…
The exploration division of Noranda (TSE) has encountered additional base metal mineralization at the Fox-Stimson property near Timmins, Ont. Property vendor Cross Lake Minerals (VSE) reports three ho…
It has been explored since the early 1970s and suffered several delays at the permitting stage, but Canada’s first platinum group metals (PGM) mine is finally up and running. Situated 60 miles northwe…
Debt-heavy Bachelor Lake Gold Mines (ME) will be taken over by Espalau (ME). Under an agreement, Espalau will acquire all of the issued and outstanding shares of Bachelor Lake, as well as Bachelor’s o…
Like a phoenix rising from ashes, a new gold project in northwestern Ontario may yet be developed despite earlier environmental concerns. In 1989, the Duport project of Consolidated Professor Mines (T…
The Northwest Territories recorded a banner year for exploration in 1993, with the search for gold, base metals and diamonds racking up record highs for drilling and staking activity. The Territorial …
In multiple news conferences in Washington, D.C., critics pummeled the hardrock mining industry for its historical environmental performance. These attacks have focused on abandoned mines in western s…
Prospector Bruno Poulin may be able to do just about anything. From building trucks and bridges to healing people with his touch, this prospector is about as versatile as they come. “I do all kinds of…
Stalled since the 1960s, Cuba’s mining industry is now gaining momentum as Canadian explorers venture to the island in search of mineral wealth. At last count, eight resource companies had signed agre…
The steel industry and automakers have begun work on new ways to design and engineer car bodies that could make them up to 20% lighter, trebling current potential for weight savings. The results of th…
Under an option agreement with Calneva Resources (VSE), a unit of Santa Fe Pacific will explore claims in Nevada’s Crescent Valley. Santa Fe can earn a 65% interest in Calneva’s Blue Spider claims by …
It has been a while coming, but Newfoundland’s mining recession is starting to lift, says the province’s mines minister, Rex Gibbons. Mining companies and individual prospectors are expected to spend …
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