1993

Partners Placer Dome (TSE) and TVX Gold (TSE) are planning to spend $1 million on exploration this year to delineate additional reserves at La Coipa mine in northern Chile. Exploration will focus on t…

An updated feasibility study for development of Placer Dome’s (TSE) 50%-owned Zaldivar copper property is to be completed by early July. Situated in the Atacama desert of northern Chile, Zaldivar is e…

Until a couple of decades ago, terms such as “ecology,” “pollution,” “environmental protection” and “reforestation” were seldom heard in the Mexican mining industry. Today, they are not only heard eve…

Ontario and Quebec * The Le Tac area of Quebec could become the next Lac de Gras, according to SouthernEra President Christopher Jennings who addressed shareholders at the annual meeting. “Quebec may …

The minister of Energy, Mines and Resources Canada (EMR) and the finance minister are retroactively altering the income tax rules relating to diamond exploration. Effective Jan. 1, 1993, all diamond d…

I have waited for a follow-up to the article “Cave-ins occur despite precautions” (T.N.M., Sept. 7/92), expecting some experienced mining engineer to lend a hand to those groping in the dark for the a…

Initial production from the Cerro Colorado porphyry copper deposit in northern Chile is expected to begin by year-end, Rio Algom (TSE) reports. Over an estimated 23-year life, 10,000 tonnes per day wi…

A potential copper deposit in northern Chile, about 140 km northeast of Antofagasta, has been reported by Outokumpu Copper Resources. Santa Catalina hosts preliminary reserves of more than 100 million…

Mining operations have ceased at the Choquelimpie gold mine in northern Chile, owned 35% by Northgate Exploration (TSE), but more gold may yet be recovered. Northgate and its joint-venture partners un…

Production at the San Cristobal mine of Niugini Mining totalled 57,948 oz. gold and 176,499 oz. silver in 1992. The company, incorporated in Papua New Guinea and with offices in Sydney, Australia, say…

When Lac Minerals (TSE) shelled out $10 per share, or US$378.8 million, for a controlling interest in Bond Gold in 1989, many believed the gold producer had paid too dearly to boost its output and exp…

For the first time in years, annual production from Canada’s largest gold mines has declined rather than increased. Mainly as a result of lower grades at the big Hemlo mines in Ontario, cumulative pro…