The first quarter of 1995 marked a return to profitability for Westmin Resources (TSE).The company earned $5.25 million on revenue of $31 million during the period. Cashflow from operations jumped to …
The Elenita oxide copper project in northern Chile is nowestimated to contain an in situ resource of 9.1 million tonnes grading 1.57% copper.Owner Princeton Mining (TSE) arrived at the estimate after …
Drilling on the Petaquilla concession in Panama is turning up some new discoveries for Adrian Resources (TSE).In the Nada area, the company is outlining a semi-massivesulphide zone with values of up t…
Definition drilling has enabled Cambior (TSE) and Golden Star Resources (TSE) to boost proven and probable reserves by 13.9 million grams at the Omai gold mine in Guyana.The new material, consisting o…
The Canadian media have, of late, focused attention on deferred taxes. Special interest groups and political organizations out to criticize spending cuts have targeted deferred tax balances as an exam…
The growth experienced in the U.S. gold mining industry during the 1980s and early 1990s has levelled off, with the rate of production now reported at just under 11 million oz. per year.Significant in…
Production disruptions at the Ivan copper mine in Chile account for the first-quarter loss of $191,000 experienced by Minera Rayrock (TSE).At the annual meeting in Toronto, President David Crombie tol…
William Doyle appointed executive vice-president; Rod Wilson appointed vice-president of sales; James Bubnick appointed senior vice-president, potash operations; Garth Moore appointed senior vice-pres…
A large-scale trenching program is about to begin at Arauco Resources’ (VSE) Guindo gold property in southern Chile.To date, geochemical sampling and hand-trenching haveidentified at least five minera…
Western markets cooled over the reporting period ended May 16, 1995, with the Vancouver Stock Exchange resource index edging up 4.08 points to 1,302.61 while the composite index tacked on 1.84 points …
— 1995 — .TMay 16May 15May 12May 11May 10HighLowComposite”300″4345.614310.784268.414264.094281.244346.633983.34 Metals&Minerals4123.454058.883983.873953.443956.394337.89 327…
Oscillating prices, currency upheavals and speculative gains and losses continue to characterize global metal markets.The bull market in metals, which began late in 1993, entered a period of consolida…
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