New stamp marks GSC birthday
Marking the 150th anniversary of the Geological Survey of Canada (GSC), Canada Post is issuing a series of commemorative stamps depicting this country’s leading minerals. Five in all, they will featur…
News
Greenstone moves into Nicaragua
The right to acquire the Libertad gold mine in Nicaragua has been awarded to Greenstone Resources (TSE) and partners by the government of that country. Greenstone says open pit reserves stand at 9.73 …
Penoles leading private company
Within Mexicos private sector, Industrias Penoles is the acknowledged leader in the exploration game. Together with subsidiary Fresnillo, it contributed US$13 million of the US$20 million spent by pri…
Ariel increases Costa Rican output
Output at the Tres Hermanos project of Ariel Resources (VSE) in Costa Rica in the companys latest fiscal year rose to 7,615 oz. gold and 10,164 oz. silver. Gold production more than doubled compared w…
Brazil
Brazil has come a long way in the last 20 years in terms of exploration services, engineering expertise and the manufacture of mining and plant equipment. Today, complete services are offered by contr…
B.C. proposes to change rules on mine development, compensation
British Columbia’s mining industry is expressing a wide range of concerns about the provincial government’s proposed environmental assessment legislation and the establishment of a commission of inqui…
STOCK MARKETS (April 20, 1992)
Because of technical complications, the stock market listings which appeared in the April 13 edition of The Northern Miner were incorrect.
Spot prices at a glance (April 20, 1992)
Week’s Price (US) Change Gold* $339.60 + $2.10 Silver* $ 4.10 + $0.01 Platinum* $348.50 + $0.50 Nickel** $ 3.35 – $0.01 Lead** $ 0.24 $0.00 Copper $ 0.99 – $0.01 Zinc $ 0.59 + $0.01 Courtesy of Scotia…
Mineral council remains player in Mexican exploration planning
When the Mexican government decided in 1990 to privatize its mining sector and open the gates to foreign investment, it put its own mineral resource branch in an unfamiliar position. Now that vast tra…
Chile well established as top copper producer
Chile is the worlds largest producer and exporter of copper, accounting for 22% of the Western worlds total production, and about 23% of the worlds copper reserves. Based on planned production statist…
Turnkey contract for acid plant
Two subsidiaries of SNC-Lavalin Inc. of Montreal have signed a lump sum turnkey contract with Compania Minera Disputada de Las Condes SA of Santiago, Chile, for a US$23 million sulphuric acid plant. T…
FMC to develop lithium mine
Development of a lithium deposit in Bolivia is planned by FMC (NYSE), subject to ratification of an exploration and development plan by the Bolivian government. FMC estimates a cost to production of b…