1992

VIOLA MACMILLAN HITS A HOMER A proposal by Mrs. George A. MacMillan, secretary of the Ontario Prospectors’ and Developers’ Association, to offer tax exemptions to corporations and individuals contribu…

Curragh Resources’ Westray coal mine was officially opened Sept. 11, 1991. With hard-to-beat logistics and equipped as a brand new operation, Westray should be Nova Scotia’s most productive coal mine….

Colin Benner has been immersed in mining all his life. In fact, he was recruited by his prospector father at such an early age that skin tissue assays might yield fairly strong mineralization. Well –…

Three recent conferences illustrate why environmental issues continue to be a priority for the mining industry. During the week of March 9-13, I attended Mining Week in British Columbia, a public cele…

Vital statistics for the Canadian mining industry in 1991 paint a gloomy picture. Value of production, not including petroleum and natural gas, was down 15.9% to $10.4 billion. Employment in mining, c…

CBC’s recent television “expos” of the New World project near Yellowstone Park, Mont., was predictable, biased and full of weary stereotypes that badly need to be challenged. Worse than that, it was a…

Billing itself as a “new breed of copper producer,” Azco Mining (VSE) recently completed a $6.5-million financing in order to secure funds for a bankable feasibility study of its Sanchez copper projec…

Captains of industry are often portrayed as nose-to-the-grindstone types with little interest in anything but business at hand. But this dated stereotype clearly doesn’t apply to Poul Hansen, presiden…

Hopes that gold would be able to sustain a rally after it surged to US$341.10 on the futures market were quickly dashed today, April 22, as the spot price in London closed down 20 cents to US$338.10. …

The decision to construct a copper smelter at Kitimat on the British Columbia coast is now delicately balanced — the result of several key decisions made recently by the copper industry around the wo…

Increased gold purchases by the state-run gold authority here have led to official predictions of a record-breaking production year in this key sector, Guyana’s fifth ranked foreign exchange earner. F…

Western markets continued to slide over the period ended Apr. 21, with the Easter long weekend dampening an already lacklustre mood for resource issues. The Vancouver Stock Exchange composite index sl…