The first two holes from the initial phase of drilling at the Taysan copper project in the Philippines returned higher copper and gold grades than averages quoted in previous reserve estimates. Chase …
About 300 employees will be affected by the temporary closure, planned for April, of the Troy silver-copper mine near Libby, Mont. Mine operator Asarco (NYSE) attributed the shutdown decision to persi…
Record revenues and earnings were reported by Centurion Mines (NASDAQ) for its 1992 fiscal year ended Sept. 30. The Utah-based junior noted that revenues increased 375% to US$834,851 over revenues of …
MEND, OMEP, CORE, MDA, OMA, MABC, MNDM, GAC, MAC, FLIP, SLIP, BLIP, HIP. Enough! Enough! No more acronyms. Or if there must be acronyms, outlaw tongue-twisters like MNDM or MABC. MEND slips easily off…
The Garson mine, one of the higher-grade nickel orebodies in Ontario’s Sudbury region, is being reopened by Inco (TSE) at a cost of $40.1 million. The company hopes that the deposit will be in full pr…
Just over a year after announcing plans to purchase a 100% interest in the Table Mountain gold property, Cusac Industries (VSE) has finalized an agreement with owner Energold Minerals. The purchase in…
With the intersection of polymetallic mineralization in two more holes on its Lewis Ponds project in Australia, Tri Origin Exploration (TSE) has calculated a preliminary reserve estimate of 1.5 millio…
I worked as a mine geologist at M.J. Boylen’s Key Anacon mine in New Brunswick for a year in the mid-1960s. In late 1965, I took a leave of absence for one month. When I reported back to work, Boylen …
Assay results are expected shortly from a drill program by Eurus Resource (VSE) on the Albino concession in the Kilometre 88 area of eastern Venezuela. The property is a joint venture with Crystallex …
After milling 1.17 million tonnes last year, mine operator Westmin Resources (TSE) reported a significant increase in proven and probable geological reserves at its Myra Falls mine near Campbell River…
Gold miner Echo Bay Mines (TSE) has reported a net loss of US$31.7 million last year, compared with net earnings of US$6.8 million in 1991. Contributing to the loss were writedowns of US$14.9 million …
The economic boom in the People’s Republic of China is being fuelled in part by burgeoning foreign investment in almost every industry sector. Asia Minerals, a private company formed by a group of Van…
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