Despite a 29% increase in gold production and the lowest cash production costs since 1987, Placer Dome’s (TSE) net earnings fell to US$11 million for the first three months of this year from US$15 mil…
Idaho-based Coeur d’Alene Mines (NYSE) posted net earnings of US$494,000 for its 1992 first quarter, an improvement over the US$2.24-million loss reported for the comparable 1991 period. A total of 1….
Encouraging results have been returned from drilling of the Rickard Twp. property about 40 miles east of the Kidd Creek mine at Timmins, Ont., Greater Lenora Resources (TSE) says. The four holes retur…
Globe-trotting Cominco Resources International (TSE) recently optioned a Chilean copper property where previous work has already identified several million tonnes grading about 1% copper as well as nu…
While gold may have lost some of its traditional lustre, the prospects of discovering economic diamond deposits is luring investors back to western markets. The Vancouver Stock Exchange composite inde…
Montreal-based Stratmin (ME) says 75% owned Stratmin Graphite has completed the restructuring of $18 million in long-term debt owed to the Canadian Imperial Bank of Commerce. Under the restructuring, …
Quebec Crown mining exploration company Soquem is set to begin exploration on the copper properties of Corner Bay Minerals (TSE) near Chibougamau, Que., after signing two option agreements with the To…
Eat my words? Not quite, but I’ve spent a lot of time recently explaining my opinion on diamond exploration, particularly in light of the promising results of a bulk sample from the Lac de Gras diamon…
To say that diamonds are virtually worthless is a gross misrepresentation of the facts (“Diamond find won’t help mining,” T.N.M., April 20/92). Yes, synthetic industrial diamond production exceeds nat…
Recent drilling by Melinga Resources (VSE) on the Macuelizo copper-gold project in northwest Honduras, Central America, returned a number of copper-gold intersections. The drilling is part of a 150-ho…
Toronto-based contractor Hillsborough Resources (TSE), which has already an equity stake in a producing zinc mine, is moving to take advantage of rising demand for coal in the Far East. At the company…
Deepening the No. 2 shaft at the Joe Mann gold-copper mine of Campbell Resources (TSE) southwest of Chibougamau, Que., to 2,700 ft. is under way. The shaft excavation and related work is expected to b…
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