1993

Hemlo Gold, Lodestar plan drill program for Taurus

Results from Noranda Explorations’ initial work program on the Taurus property have prompted partners Hemlo Gold Mines (TSE) and Lodestar Explorations (VSE) to plan a drill program for early 1993. Hem…


Record trading year for ASE

It was a record year for the Alberta Stock Exchange, which had almost $1 billion in trades in 1992. The volume of trades rose by about 31%, to 865 million shares, from the previous year, the Canadian …


HudBay positions itself for growth

With two mines in Manitoba having closed in the last 18 months, and two others in the Snow Lake division approaching the end of their productive lives, Hudson Bay Mining and Smelting (TSE) might seem …



Barrick drops Yellow Pine option

After completing a preliminary drilling program, American Barrick Resources (TSE) has decided not to invest in Hecla Mining’s (NYSE) Yellow Pine gold deposit in Idaho. Last summer, Barrick signed a le…




Market balances to 2005 for copper concentrates

No new greenfield copper smelters, including those currently planned or under construction, are required in the Western World until the end of the 1990s, according to a recent report prepared by Briti…




Base metal prices tied to economic recovery

If the economic recovery does not gather more momentum in 1993, it appears unlikely that base metal prices will show much improvement over their depressed 1992 levels. After sharp drops in October and…


Challenger cuts sulphides at Marshall Lake

Several massive sulphide intersections have been reported by Challenger Minerals (VSE) on its Marshall Lake base metal property 150 miles northeast of Thunder Bay, Ont. In a recently completed program…


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