1992

MINERAL REVIEW AND FORECAST: BASE METALS; LEAD/ZINC

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…


MINERAL REVIEW AND FORECAST: BASE METALS; ALUMINUM

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…


UNITED THEY STAND

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…


U.S. REPORT (February 24, 1992)

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…


Turkish copper project near feasibility stage

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…


Dundee joins Outokumpu in Conroy move

Dundee Bancorp (TSE) recently joined with Outokumpu, the Finnish state mining company, to unseat the entire board of directors of Conroy Petroleum and Natural Resources, an Irish resources company. Th…


PRODUCER PRICES (February 24, 1992)

ALUMINUM: MW U.S. market US57.25-58.75 cents per lb. (Feb. 13, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…


$400,000 program planned for Brewery Creek project

A $400,000 exploration program will begin shortly on the Brewery Creek property near Dawson, Yukon, a bulk-tonnage gold project owned 51% by Hemlo Gold Mines (TSE) and 49% by Loki Gold (VSE). The prog…


Crystal Peak awaits permits

Management of Polestar Exploration (VSE) is putting some of the blame for the loss of its listing on NASDAQ on continued delays in receiving operating permits for the Crystal Peak garnet quarry near H…


EDITORIAL PAGE (February 24, 1992)

The controversy over Ontario mines minister Shelley Martel, regardless of its final outcome, reflects how far the province’s mining industry has passed into decline. An all-party legislative committee…


Drop in value of mineral output worries MAC

Concern about Canada’s 1991 mineral production results released by Energy, Mines & Resources (EMR) has been expressed by the Mining Association of Canada (MAC). Based on estimates prepared by EMR, the…


Montreal Exchange (February 24, 1992)

Drill results from a program at the Granada property near Rouyn-Noranda, Que., gave project partners KWG Resources and SEG Exploration a lift during the week ended Feb. 18. The exploration program is …


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