News

Study in progress for La Colorada

Proceeds of $552,000 received by Eldorado (VSE) from an initial public offering will be combined with revenue from gold sales to further advance the La Colorada gold project near Hermosillo, Mexico. E…


1992 — A LOOK BACK — Lupin anniversary

A major Canadian gold mine — Lupin in the Northwest Territories — celebrated its 10th anniversary in 1992. The Lupin mine, operated by Echo Bay Mines (TSE), has produced more than 1.72 million oz. g…


Placer exercises USMX option

Mining giant Placer Dome (TSE) recently announced plans to exercise its option to purchase a block of ground adjacent to its Bald Mountain property in Nevada from USMX (NASDAQ). The option covers USMX…


BOOK BRIEFS (January 04, 1993)

Mine and Mill Equipment and Supplies 1993: An Estimator’s Guide to Costs. Published by Western Mine Engineering, Inc. P.O. Box 9008, Spokane, Wash. 99209. Price: US$240. This 150-page report quotes cu…






1992 — A LOOK BACK — Year of the diamond hunt

Without doubt, 1992 will be remembered within the industry as the year diamonds gripped the imaginations of prospectors and investors alike. Slow to react at first, junior companies staked millions of…


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…


1992 — A LOOK BACK — Calendar of events

September, 1991: BHP Minerals Canada (then BHP-Utah Mines) options a 51% interest in the claim blocks of Dia Met Minerals (TSE) in the Northwest Territories by funding exploration and a mine feasibili…


Aur options Jones Hill

Further exploration of the Jones Hill volcanogenic massive sulphide deposit will be carried out by Aur Resources (TSE), which recently optioned the New Mexico project from Champion Resources (VSE). Au…


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