Geologists have long relied on aerial photographs to supplement their surveys. Now they are able to integrate remote sensing data with geoscience information in the search for mineral deposits. This w…
The extraordinary success of the Snip gold mine is in direct contrast to numerous gold mines developed during the heady years of flow-through financing which all too often failed to live up to expecta…
With the recent completion of a feasibility study by Consultants Mountain States R&D International, Royalstar Resources (VSE) is reviewing the possibility of bringing its San Pedro garnet property int…
Apr.13 Apr.12 Apr.9 Apr.8 Apr.7 High Low Composite”300″3624.84 3615.01 N/A 3591.80 3601.42 4009.47 3009.91 Metals&Minerals 2866.01 2863.91 N/A 2840.82 2870.32 3453.06 2502.63 Integrated Mines2978.13 2…
Lower nickel and copper prices and a fickle gold price led many of the mining stocks on eastern markets into decline amid the slow trading of Easter week. For our report period, the week ended April 1…
The Sterling gold mine, owned 52% by Cathedral Gold (TSE), turned out 14,109 oz. gold in 1992, the most in its 12 year life. Cash costs increased to US$298 per oz. from US$264 per oz. in 1991, when 12…
Metal production and consumption estimates for 1992 and projected volumes for 1993 have begun to appear. Some observations: The restructuring of American and Commonwealth of Independent States defence…
Drilling by USMX (NASDAQ) has resumed on the Tombstone, Ariz., gold-silver properties of Excellon Resources (VSE) and Valdez Gold (ASE). The first phase involved 26 holes. USMX must decide by the end …
Trading on western markets slowed somewhat during the week ended Apr. 13, with the Vancouver Stock Exchange resource index posting an 8.83-point loss to the 931 level, while the composite index closed…
Property writeoffs have pushed Crown Resources (TSE) well into the red with a net loss of US$8.6 million for the year ended Dec. 31, 1992. The company withdrew from the Kettle River gold mine joint ve…
Toronto-based Republic Goldfields (VSE) has acquired a privately held Montreal-based company whose principal asset is its interest in the Ellison gold property in Bousquet Twp., Que. The property is l…
Four significant milestones were achieved by Highland Valley Copper during 1992. The operation, located near Logan Lake, B.C., mined a record 96.3 million tonnes during 1992 while copper recoveries we…
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