Western markets continued to advance during the period ended March 9, with the Vancouver Stock Exchange resource index posting a 13.53-point gain to 827.15 and the composite index adding a more modest…
Proven and probable reserves at the end of 1992 stood at 19.5 million oz., down 600,000 oz. from the previous year-end, Newmont Gold (NYSE) reports. Reserves added in 1992 amounted to 2 million oz. Ho…
Despite some political uncertainty in the wake of President Alberto Fujimori’s seizure of power last spring, capital for major mine development projects continues to pour into Peru. “The private secto…
Australian computer software company Mincom International recently opened offices in Santiago, Chile, a move the company says reflects the growth of mining-related business in that country. Mincom say…
Since the fall of the governments of the former east bloc and the rise of strong trade confederations such as the European Community, the nations of Latin America have been reforming their economies a…
Encouraged by the results of an aggressive exploration program at the LaRonde gold mine near Val d’Or, Que., Agnico-Eagle Mines (TSE) will begin sinking a second shaft on the property this spring. The…
Ecuador’s copper deposits have attracted two Vancouver juniors, Kookaburra Resources (VSE) and AG Armeno Resources (VSE), which hope to establish a solvent extraction-electrowinning operation (SX-EW) …
ALUMINUM: MW U.S. market US54-55 cents per lb. (Mar. 4, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…
A shipping season of at least five months is commercially feasible for Coronation Gulf, N.W.T., according to a recent study on Arctic navigation. The study looked at access to and from Coronation Gulf…
A trio of top managers at Thunderwood Resources (TSE) recently took a large share position in the junior explorer. According to the Ontario Securities Commission’s OSC Bulletin, Chairman James Gill bo…
The economy of the Dominican Republic improved markedly in 1991-92, reports the International Monetary Fund (IMF). Real gross domestic product grew by an estimated 6% in 1992 whereas inflation was est…
Wracked by civil unrest until three years ago, Nicaragua has embraced the mood of Latin America. The doors are open to foreign investment and privatization is in. The operating, 150-ton-per-day (tpd),…
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