Among gold mining companies, Placer Dome (TSE) is the largest of the Canadian-based producers. Its global output in 1993 was about 1.8 million oz., a total it is expected to match or better for many m…
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index rose for the first time since July. Prices for nickel, lead, zinc, potash and precious metals rose in November, more …
Having processed a bulk sample from its wollastonite property, 55 km north of Kingston, Ont., Ram Petroleum (TSE) is looking to advance the project to production. Last fall, a 150-ton bulk sample was …
Toronto-based Exall Resources (TSE) has completed test mining on three areas of the Rio Yaqui placer gold project in Hermosillo, Mexico. Results from one of the areas were positive and the company thi…
Prospecting on its Lac Savard property in northwestern Quebec, Globex Mining Enterprises (TSE) has discovered two new gold zones. In the first zone, values up to 0.62 oz. gold and 6.36 oz. silver per …
A unit of Placer Dome (TSE) has terminated a joint venture with Carlin Gold (ASE) on the junior’s Stockade Mountain gold property in eastern Oregon. Carlin President William Long said that, despite si…
Project partners Audrey Resources (TSE) and Metall Mining (TSE) have released the latest drilling results from the 1100 lens underground project in northwestern Quebec. Assays from seven holes totalin…
The Lawrence County Board of Commissioners has refused to issue a land use permit to Minerva Explorations for a gold property in South Dakota. The Johnson Gulch property, 5 miles west of Lead, contain…
I am writing with regard to the article “Arequipa eyes Peruvian copper” (T.N.M., Nov. 29/93) and the letter to the editor “Escondida find a team effort” (T.N.M., Dec. 20/93) about the Escondida discov…
The Vancouver Stock Exchange’s record year is now official. The VSE reports trading activity reached the highest volume and value in its 86-year history. Volume in 1993 totaled 5.7 billion shares, a 4…
Three of four junior companies within the Hughes Lang Group have agreed to amalgamate and form a new company, CanGold Resources. Shareholders met Dec. 29 to vote on a proposal to amalgamate Hughes Lan…
The mood is bullish in the South American mining industry in spite of sagging world mine development and a bleak price outlook, which will continue rampant during 1994 as a result of global economic t…
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