News

Asarco plans more drilling for Taseko

A 12,500-ft. drill program is scheduled to begin in late May on Westpine Metals’ (VSE) Taseko copper-gold property, 140 miles north of Vancouver, B.C. The property is reported to contain preliminary r…



U.S. REPORT Low silver prices bring Callahan loss

Low silver prices are continuing to hurt Callahan Mining (TSE), with both its Galena and Coeur mines in Idaho operating at a loss. The company reported a loss of US$2.5 million for the year ended Dec….



Netolitzky’s role at Eskay prompted PKAC award

The annual convention of the Prospectors and Developers Association of Canada (PDAC) has many highlights for the mining industry. Among them is the presentation of the PDAC’s prestigious awards, which…



LETTERS TO THE EDITOR Black Swan deserves better

I note you published an article entitled “Black Swan Running In Red” (T.N.M., March 4/91). While I cannot argue with the facts which you set out in the article, I strongly disagree with your interpret…


NO HEADLINE (March 25, 1991)

TEXT: Local mining analysts are not expecting 1991 to be a banner year for exploration in British Columbia. The general economic downturn, the gutted flow-through financing mechanism, bearish equity …


Juniors struggle to raise necessary financing

Junior mining companies in Canada, slowed by a slumping economy, can only look back fondly at the heady days of the late 1980s when financing for exploration programs was readily accessible. Flow-thro…





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