Latin American gold
Latin American Gold: Transactions and Opportunities, second edition, published by Metals Economics Group, P.O. Box 2206, Halifax, N.S. B3J 3C4. US$4,500. The publication provides a view of current gol…
News
Correction (May 31, 1993)
The treasurer of Lac Minerals is Michael Smyth, not Michael Kennedy as reported in our May 24 edition.
Rock mechanics symposium planned
The University of Texas, in Austin, will be the site of the first North American Rock Mechanics Symposium on June 1-3, 1994. This symposium, a regional meeting of the International Society for Rock Me…
Mahogany drilling
Vancouver-based International Mahogany (TSE) plans to drill 12 holes totaling 11,000 ft. on the Southern Cross gold property in Montana. The program will test deep structural and geophysical skarn tar…
Big base metal find in Finnish Lapland
A huge base metals deposit has been confirmed in northern Finland. The 50-100-million ton deposit reportedly contains copper, nickel, platinum and gold mineralization. First discovered in the late 198…
Haile reserve tops 13 million tons
The Haile property near Kershaw, S.C., has proven and probable reserves of 13.2 million tons grading 0.091 oz. gold per ton, a consulting group estimates. Piedmont Mining (NASDAQ), 37.5% owners of the…
Cyprus hedges
A price protection program ensures that Cyprus Minerals (NYSE) will receive a minimum average sales price of about US94 cents per lb. on about 90% of its projected 1993 copper sales. The program also …
Flag to deepen Wanapitei holes
Having intersected a wide magnetite zone in two holes collared two miles apart on its Wanapitei holdings in Mackelcan Twp., Ont., Flag Resources (ASE) plans to use a larger drill to deepen the holes. …
Golden Star locks up golden deal
A deal to acquire two properties in French Guiana has been signed by Golden Star Resources (TSE). The first property, known as St. Elie, covers 39 sq. miles (100 sq. km) and was formerly the largest p…
Airborne geophysics and mineral trains — Canadians advance
Speakers from around the world gathered here at a recent conference to discuss new developments in the search for diamonds in several parts of Canada. Donald Mustard, past president of the Canadian Ge…
Canada Talc oldest producer in Ontario
If one were asked to name the oldest continuously producing mine in Ontario, the prolific gold mines of Timmins and Kirkland Lake may spring to mind. Few would guess that the province’s oldest mine is…
Diamond players coy about spending — NWT survey reveals
Exploration expenditures in the Northwest Territories are expected to surpass $52 million this year, according to the annual survey of the N.W.T. Chamber of Mines. This level easily surpasses the $38….