The cash cost of the expanding Escondida mine in Chile is in the mid-US40 cents per lb. range. Analysts for T. Hoare & Co. of London, in a recent report, estimate the above production cost for the pro…
The current interest in South America’s gold potential owes much to the pioneering activities of Golden Star Resources (TSE) at at time when foreign projects were usually discounted by investment anal…
Coal has been a basic commodity for the development of industry as we know it today. It has been essential in most European countries for centuries. More than 3 billion tons of coal are mined annually…
Alberta-listed Marum Resources intends to acquire the Wolverine gold property in Madison Cty., Mont., as well as additional ground nearby. Previously, the area was explored for iron ore hosted in an A…
Your editorial “Diamond standard needed” (T.N.M., Feb. 28/94) incorrectly implies that public reporting of Canadian diamond exploration results is not governed by adequate reporting standards. Stock e…
Gold Funds as of Apr. 6 BGR Central Net Value $17.74 $7.13 Price $15.75 $8.125 Premium 14.0% Discount 11.21% Value $144,113,000 $147,056,813…
The Homestake mine in South Dakota produced 13% more gold in 1993 than in the previous year. Indeed, at 447,600 oz., the operation enjoyed its highest level of production since 1971. Homestake Mining …
North American stock markets finished the week on an upbeat note as investors re-entered the fray in search of bargains. On April 5, the Toronto Stock Exchange 300 index rallied 43.19 points to 4,273….
The British Columbia government has awarded a mine development certificate to Prime Resources Group (TSE) for its Eskay Creek gold project 80 air-km north of Stewart. The project was given a full tech…
Toronto-listed Teck intends to buy a 51% interest in a property near Timmins, Ont., from Band-Ore Resources (CDN). To do so, it must spend $800,000 on exploration over the next four years and pay $105…
The management of Aaron Oil (ASE) has decided to divide the company’s oil, gas and mining assets into two separate companies. The division is planned to enhance shareholder value and increase financin…
To finance exploration of its holdings in the Philippines, TVI Copper (ASE) will issue 3.75 million special warrants at 80 cents each for gross proceeds of $3 million. Yorkton Securities will act as t…
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