1993

Arizona-based Magma Copper (NYSE) has announced record production of 768 million lb. copper at a net cash operating cost of 66 cents per lb. in 1992. President Burgess Winter told a recent gathering o…

Contrary to what appeared in the Feb. 15 issue of The Northern Miner, permitting and economic studies are under way for the main Pipeline gold deposit in Nevada. This advanced project is held by the C…

With the intersection of polymetallic mineralization in two more holes on its Lewis Ponds project in Australia, Tri Origin Exploration (TSE) has calculated a preliminary reserve estimate of 1.5 millio…

I worked as a mine geologist at M.J. Boylen’s Key Anacon mine in New Brunswick for a year in the mid-1960s. In late 1965, I took a leave of absence for one month. When I reported back to work, Boylen …

Assay results are expected shortly from a drill program by Eurus Resource (VSE) on the Albino concession in the Kilometre 88 area of eastern Venezuela. The property is a joint venture with Crystallex …

The cobalt content of metal concentrates produced in Canada in 1992, as reported in the statistical tables, is 2.2% higher than in 1991. However, the worth of the 1992 production, $136.9 million, is 7…

Partial assays from drill hole 93-01 within the copper zone of the main orebody at the Asia Pacific project on the Philippine island of Negros intersected 285 ft. (50-335 ft.) of 0.68% copper, Starmin…

ALUMINUM By Patrick Chevalier The international aluminum industry faced another difficult year in 1992. Western World demand for aluminum increased slightly over 1991. However, increased world product…

After milling 1.17 million tonnes last year, mine operator Westmin Resources (TSE) reported a significant increase in proven and probable geological reserves at its Myra Falls mine near Campbell River…

Gold miner Echo Bay Mines (TSE) has reported a net loss of US$31.7 million last year, compared with net earnings of US$6.8 million in 1991. Contributing to the loss were writedowns of US$14.9 million …

The economic boom in the People’s Republic of China is being fuelled in part by burgeoning foreign investment in almost every industry sector. Asia Minerals, a private company formed by a group of Van…

A sampling program to establish size and grade of a garnet resource is being planned by Bitterroot Resources (VSE) for its newly leased Williams property in Mohave Cty., Ariz. The road accessible clai…