News

Molejon gold discovery adds to Petaquilla project

Drilling on the Molejon deposit on the Petaquilla property in Panama is returning gold values for Adrian Resources (TSE). Based on 11 holes drilled to date, indicated and inferred geological resources…


Centurion adds to Tintic area holdings

In return for cash and common stock, Centurion Mines (NASDAQ) has acquired the Grand Central mine and 70% control of Mammoth Mining, thereby securing a prospective land package encompassing about 500 …



BHP Minerals filing plan of operations

Australian mining giant Broken Hill Proprietary is proceeding at full speed in the race to develop Canada’s first diamond mine. The company, through subsidiary BHP Minerals Canada, is earning a 51% in…


Asia Minerals, Royal Oak take on Chinese venture

A gold project in northeastern China is providing a new focus for Asia Minerals (ASE), a junior which has evaluated several projects in that country. The latest is a joint venture that allows the comp…


Reynolds selling Aussie gold assets

New York-listed Reynolds Metals has retained a securities firm to help sell its remaining gold mining assets in Australia. The assets include mines in the Marvel Loch and Southern Cross areas, the Mt….




Louvicourt mine on track, first concentrates shipped

With the first shipment of copper concentrates having been delivered last month, the Louvicourt copper-zinc-gold operation appears to be safely on track. The deposit, near Val d’Or, Que., is being dev…


EDITORIAL PAGE — The necessity of going global

To remain a force in this business, a gold mining company must face the relentless challenge of replacing the reserves it mines. The task is especially daunting for majors that surpass the production …



PRODUCER PRICES (September 05, 1994)

ALUMINUM: MW U.S. market US71.5-72.5 cents per lb. (Aug. 25, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….


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