Investors of Asbestos Corp had reason to rejoice during the week ended June 1 as the stock skyrocketed to $48 for a gain of $24.50. The battle by Asbestos Corp’s minority shareholders to win a fair he…
Although gold pulled back from the US$380 level, dropping almost US$10 in a single day to the US$370 level, Western markets continued their advance. The Vancouver Stock Exchange resource index gained …
Week’s Price (US) Change Gold* $368.25 $9.00 Silver* $ 4.37 $0.19 Platinum* $389.25 $0.85 Nickel** $ 2.55 $0.02 Lead** $ 0.18 $0.00 Copper $ 0.82 $0.01 Zinc $ 0.42 $0.02 Courtesy of Scotiabank. Inform…
Major mining companies may dominate Nevada, but juniors are spearheading an exploration boom on properties surrounding the Pipeline gold discoveries in Crescent Valley. The Pipeline deposits are on th…
Results are beginning to trickle in from a 73-hole reverse circulation drill program on ground held by Sudbury Contact Mines (TSE) in the Kirkland Lake diamond camp, says exploration geologist Peter H…
ALUMINUM: MW U.S. market US52.00-53.00 cents per lb. (May 27, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 26, 1993). BISMUTH: MW New York dealer US$2.50-2.70 per lb. (Mar. 26, 1993…
Reverse circulation drilling has started on Western International Explorations’ (CDN) Stray Elephant copper property in Arizona. The 8,000-ft., 30-hole program, which is testing for extensions of know…
A copper deposit in Saudi Arabia will be the focus of a prefeasibility study by Even Resources (VSE). The junior selected the project for detailed review after evaluating various mineral projects in t…
A drill hole by Westminer Canada on Greater Lenora Resources’ (TSE) Lac Anctil gold property near Chibougamau, Que., has intersected two shear zones with anomalous gold values. Hole LA-93-4 contained …
Drilling on the Casino property in the southern Yukon is continuing. Vancouver-listed Pacific Sentinel Gold has four rigs operating as part of a $7.2-million program to delineate a large porphyry copp…
Last year, 2,800 mining accidents were reported to the Ontario Workers’ Compensation Board. That is equivalent to 15.5 accidents requiring medical aid for every 200,000 employee hours worked, accordin…
Details of the new Omai gold mine in Guyana were presented by the president of Cambior at a recent luncheon of the Canadian Institute of Mining, Metallurgy and Petroleum in Toronto. Louis Gignac said …
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