News

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…

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…

Dafydd Goronwy-Roberts and Victor Taylor appointed directors.

Larry Nagy appointed director.

Larry Nagy appointed director.

Dennis Oswait and Vincent Brotherton appointed directors.

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…

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…

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…

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…

A previously announced funding agreement between Quinto Mining (VSE) and a U.S. investment syndicate was recently finalized. In return for $4 million in funding, the syndicate will earn a 50% interest…

Several advanced mineral projects moved forward in British Columbia in 1992, while others were put on hold to await better financing conditions, or were placed in regulatory limbo by government decree…