1992 — A LOOK BACK — New U.S. mining projects
Several projects in the U.S. came on stream last year. Marking its third producing property, USMX (NASDAQ) brought its Yankee mine into production by pouring gold on June 24. The Yankee operation, nea…
Several projects in the U.S. came on stream last year. Marking its third producing property, USMX (NASDAQ) brought its Yankee mine into production by pouring gold on June 24. The Yankee operation, nea…
Having completed an extensive surface exploration program at the Dome mine, Placer Dome (TSE) is now evaluating the possibility of creating a “super pit” on the gold property at Timmins, Ont. The prop…
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…
More than a few words come to mind when trying to describe the past year, but two in particular — cutbacks and globalization — seem appropriate in trying to capture the flavor of 1992. At first glan…
Disappointing operating results and a poor forecast prompted Crown Resources (TSE) to withdraw from the Kettle River joint venture in northeastern Washington state. The project originally went into pr…
Val d’Or, Que.-based Cambior (TSE), which is developing another gold property in northwestern Quebec, recently announced its involvement in a pair of underground exploration base metal programs in the…
Government documents have shown that the 2-month inquiry this year into statements by Ontario’s Northern Development and Mines Minister Shelley Martel over a Sudbury doctor’s billing practices cost On…
Riding a wave of investor enthusiasm for diamonds, Canadian juniors are snapping up alluvial concessions in Africa at a rapid-fire pace. Applauding the move, investors have pushed the shares of many o…
After completing a preliminary drilling program, American Barrick Resources (TSE) has decided not to invest in Hecla Mining’s (NYSE) Yellow Pine gold deposit in Idaho. Last summer, Barrick signed a le…
A recently completed independent calculation of reserves at the Ryan Lode property near Fairbanks, Alaska, confirms and expands previous estimates made by owner La Teko Resources (VSE). Mine Developme…
Richmont Mines (TSE), owner of the Francoeur gold mine near Rouyn-Noranda, Que., says large pension fund Caisse de Depot et Placement du Quebec recently purchased 1.1 million shares (a 9.2% interest) …
Laboratory analyses provide vital geochemical information that is not available in the field. U.S. Geological Survey (USGS) geochemists work with branches within the organization and with other federa…
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