Western World demand for lead and zinc decreased in 1991. Zinc mine and metal production both rose from their 1990 levels, while lead mine output remained essentially unchanged and only a small fall i…
The international aluminum industry faced one of its most difficult years in 1991. While Western World demand for aluminum increased slightly over 1990, increased world production along with increased…
Geophysics virtually was born and raised in Canada. The sad thing is that it might just die here too. The recession, the lack of mineral exploration, a maturing mining industry, globalization — all h…
Mention Nevada’s Carlin Trend today and there is the immediate vision of gold, and lots of it. There’s more to it than that, though; the name also flags a major advance in metallurgy and deriving from…
The David Bell and Williams mines turned out 419,500 oz. gold to the account of Teck (TSE) in 1991, a 12% decrease from 477,100 oz. gold last year. Teck has a 50% interest in the two Ontario mines, wi…
In future, companies that spend money on exploration should not expect compensation if they are subsequently denied permission to mine. They should never assume they will be granted mining permits bec…
An improved operating performance at the Kendall gold mine enabled Canyon Resources (NASDAQ) to record its first year of operating profitabil- ity in six years as a public company. The Montana gold mi…
The chairman and president of Agnico-Eagle Mines (TSE), Paul Penna, was fined $5,000 in Ontario Provincial Court after he pleaded guilty to a charge of trading in securities with knowledge of material…
Subject to regulatory approval, Inco (TSE) says it will contribute almost 1.5 million newly issued common shares, valued at market, to certain of its North American defined benefit pension plans. The …
Trading 345,000, Trump Reserve Minerals gained 3 cents to 98 cents as Hemlo Gold moved two drills on to the Quill Lake gold property in northwestern Ontario during the week ended Feb. 18. Trump and Go…
An expanded work program and a feasibility study are being planned by Cominco Resources International (TSE) for its recently discovered Cerattepe copper deposit in northeastern Turkey. A drill program…
Excess worldwide production capacity and lower prices for its resource products forced Noranda (TSE) to report a loss of $133 million ($1.04 a share) in 1991, compared with earnings of $120 million in…
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