In a recent article (T.N.M., Feb. 15/93) concerning the initial results obtained from the Outlet Bay diatreme, a comparison was made between the discovery of a microdiamond from this location and the …
A former mining engineer with Rio Algom Ltd., Paul Young, died recently at Waterloo, Ont. He was 85. After graduating from the Michigan College of Mining and Technology in 1931, Young commenced a leng…
A second shipment of high-grade gold ore containing a minimum 6,560 oz. gold was made by Fairfield Minerals (TSE) to Noranda’s Horne smelter in Eastern Canada. Fairfield has so far shipped a total of …
A 1,500-metre drilling program is under way at its Sears Lake and Sewell Brook properties in northern New Brunswick, reports operator NovaGold Resources (TSE). The program is financed by Kennecott Can…
Week’s Price (US) Change Gold* $329.55 – $0.80 Silver* $ 3.58 – $0.02 Platinum* $342.50 – $4.25 Nickel** $ 2.68 – $0.14 Lead** $ 0.19 $0.00 Copper $ 0.97 – $0.03 Zinc $ 0.46 – $0.02 Courtesy of Scotia…
ALUMINUM: MW U.S. market US55-56 cents per lb. (Feb. 25, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
Gold Funds as of Mar. 2 BGR Central Net Value $8.75 $4.92 Price $6.88 $4.65 Discount 21.46% 5.5% Value $49,032,000 $78,232,995…
Breckenridge Res. Ltd. — 1,000,000 units @ 65 cents per unit where each unit consists of 1 sh and 2 wts. 2 Series A wts to purchase 1 sh. Plus an over-allotment of 150,000 units @ 60.125 cents per un…
A $12-million private placement by Cominco (TSE) will provide an cash infusion enabling Cominco Resources International (TSE) to advance projects in Turkey and Chile and meet ongoing requirements of t…
World crude steel production in 1992 totalled 714 million tonnes, off 3% from the 1991 amount, according to preliminary estimates by the International Iron and Steel Institute of Brussels. Output in t…
A decision by Jordex Resources (TSE) to sell stock interests in a Bolivian zinc company was attributed to the general zinc market decline. As a result, substantial losses are being incurred. Jordex ag…
Falconbridge has begun a 3,500-metre diamond drill program on the Robertson Twp. base metal property 14 km north of Matachewan, Ont. The 135-claim property, owned 40% by Strike Minerals (CDN) and 60% …
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