MSV opens up new greenstone belt
Having acquired the local mining assets of Westminer Canada in February, 1993, MSV Resources (TSE) now finds itself with excess milling capacity. The 3,000-tonne-per-day mill, situated at Copper Rand …
1994
EXPLORATION ’94 — Ups and downs of small-scale mining
Small-scale, underground gold mines have been a feature of British Columbia’s history for well over a century. Some have been likened to slot machines which empty the pockets of over-eager investors, …
EXPLORATION ’94 — Kirkland camp has long history of
While gold mining near Kirkland Lake, Ont., began in 1918, the first rockburst was not reported until 1929. Seven mines were developed along narrow, quartz-bearing veins which are associated with seve…
Armada building Russian pilot plant
Alberta-listed Armada Gold will build a pilot plant on the Baley gold tailings project in Eastern Russia’s Chita region. The plant is expected to yield 4,000 oz. gold annually, starting in July or Aug…
High River acquires West African gold project
Having recently secured a commitment from TVX Gold to develop its Snow Lake gold property in Manitoba, High River Gold Mines is now setting its sights on West Africa. The company has just concluded an…
Gold Funds (March 07, 1994)
Gold Funds as of March 2 BGR Central Net Value $16.74 $6.55 Price $13.75 $7.25 Premium 10.7% Discount 17.84% Value $135.9 million $118.7 million…
Musto, MIM proceed with Alumbrera
YMAD, the Argentine state-owned mining company, has received notice of the decision of International Musto Explorations (Antigua) to develop the Bajo de la Alumbrera gold-copper deposit. Musto has opt…
EXPLORATION ’94 — Nesmont purchases refining technology
West-coast precious metals smelter and refiner International Nesmont Industrial (VSE) recently completed the purchase of all rights to the refining technology it has been using since commencing operat…
PDAC honors five with awards
The Prospectors and Developers Association of Canada (PDAC) has named Neil Hillhouse “Prospector of the Year.” Other award winners, who will be honored at the March 7 banquet of this year’s PDAC conve…
EXPLORATION ’94 — Canadians active in search of African
Many a Canadian junior has found its way to Africa during the past few years in search of diamonds and precious and base metals. Four Central African nations, in particular, have proved attractive: Zi…
EXPLORATION ’94 — U.S. Bureau of Mines undergoes review
The U.S. Bureau of Mines (USBM) has been involved in an extensive program review as part of the National Performance Review undertaken by U.S. Vice-president Al Gore at the direction of the president….
EXPLORATION ’94 — Busy Manitoba exploration scene
Major exploration efforts in Manitoba in 1993 remained directed at base metals, but new commodities, notably diamonds, continued to increase in importance on the exploration scene. The recent improvem…