News

A 10-hole, 2,163-metre program has wound down at the Big Duck gold property near Schreiber, Ont., reports operator Metall Mining (TSE). Two holes were completed on the Coco-Estelle zone, which is west…

The wheels are in motion for a merger between Hecla Mining (NYSE) and Equinox Resources (TSE). The agreement-in-principle, initiated by Hecla, calls for Equinox shareholders to receive 0.3 Hecla commo…

Michael Smith appointed president and director; Douglas Reeson elected director.

Joseph Baylis appointed president.

Daniel Innes appointed vice-president.

Frank Biller appointed president.

Glen White appointed president and director.

A Tribute, by Lawrence Chrismas, produced in collaboration with the Alberta Chamber of Resources. Cambridge Publishing, Box 61083, Kensington Postal Outlet, Calgary, Alta. T2N 4S6. 224 pages. $39.95 i…

ALUMINUM: MW U.S. market US49-50 cents per lb. (Nov. 4, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993). CA…

Operating improvements at several mines enabled Homestake Mining (NYSE) to boost earnings and lower production costs during the first nine months of this year. Net income of US$39.6 million was record…

At a time when most conventional copper producers are being battered by sagging prices, two Canadian companies are hoping to take advantage of cheaper solvent extraction-electrowinning (SX-EW) technol…

Average cash operating costs for Western World copper mines have fallen during the past three years, to US54 cents per lb. in 1992 from US54.5 cents in 1991 and US58.8 cents in 1990. Much of this fall…