PRODUCER PRICES (April 27, 1992)
ALUMINUM: MW U.S. market US61-63 cents per lb. (Apr. 9, 1992). ANTIMONY: New York dealer US78-82 cents per lb. (Mar. 26, 1992). BISMUTH: New York dealer US$2.50-2.70 per lb. (Mar. 26, 1992). CADMIUM: …
News
Global bargains provide Lac’s best opportunity `in 40 years’
Formed recently to pursue joint venture and acquisition opportunities worldwide, LAC Minerals’ (TSE) business development group is now “very, very active”, president Peter Allen said at the company’s …
Juniors taking hard look at Guyanese scene
A decision by the Guyanese government to sell nationalized industries back to the private sector in a bid to stimulate economic growth appears to have renewed the interest of Canadian juniors in that …
Lac de Gras rush outdoes Hemlo as continent’s largest
A diamond discovery in the Northwest Territories by Dia Met Minerals (VSE) and BHP-Utah Mines has touched off what is probably the largest staking rush in North American history, says Yellowknife mini…
Martel enumerates Ontario’s mineral assistance programs
Ontario boasts some of the most successful and well received mineral assistance programs in Canada, says the province’s mines minister, Shelley Martel. The minister, responding to opposition comments …
Bolivia less reliant on tin mining
Bolivia has a long mining tradition. The country produces gold, tin, zinc, silver, antimony, lithium and lead. For decades, tin mining has been the mainstay of the Bolivian economy. Recently, internat…
Emergency rule declared in Peru
The South American nation of Peru, a major silver producer, was under a state of emergency rule after a decade of democratization as this Latin American issue went to press. The countrys military and …
NEWSROUNDUP (April 20, 1992)
An agreement with Major General Resources (VSE) gives Kennecott Canada an option to earn a 60% interest in the McVean property in the Pickle Lake district of northwestern Ontario. To earn the interest…
GUEST COLUMN (April 20, 1992)
The objective of mineral exploration is to find ore deposits, and to estimate grades and contents in an unbiased manner and with a reliable, realistic and affordable degree of precision. The term “unb…
PEOPLE (April 20, 1992)
Dianne Brin, Robert Lachance and Kelly Shane Montalban appointed directors.
Tanzania opens its doors to foreign investment
Although best known for such scenic wonders as Lake Victoria, Mt. Kilimanjaro and the Serengeti plain, Tanzania is also rich in mineral resources such as gold, diamonds and nickel. Those resources hav…
Galico, Noront complete 5 holes
Galico Resources (VSE) has completed a 5-hole, first phase program on Noront Resources’ (VSE) Hurdman Twp. property about 65 miles northwest of Timmins, Ont. Noront says Galico encountered zinc minera…