Aquamin seeks sunken treasure
This summer Aquamin Resources (VSE) plans to embark on a unique quest for gold, specifically some 800 tons of concentrate grading 4 oz. gold per ton on a sunken barge lying under 300 ft. of water. The…
Articles by Northern Miner Staff
Alberta Stock Exchange (March 30, 1992)
Just about every junior with ground between Yellowknife, N.W.T., and the Lupin gold mine traded close to its yearly high during the week ended March 24 as several truckloads of bulk sample were shippe…
Diamond sample shipped out, land scramble goes on
A 200-ton sample collected from the diamondiferous kimberlite near Lac de Gras, N.W.T., is on its way to Dia Met Minerals’ (VSE) diamond recovery plant near Ft. Collins, Colo. Dia Met and partner BHP-…
Big mines show Mexico’s potential
Newcomers looking for evidence of Mexico’s mineral wealth need only look as far as La Caridad and Real de Angeles. Not only are they the latest mega-mining projects to be brought into production here,…
Canada shows dismal record for return on gold
Recent reflections on exploration success in this country have shattered the perception that, given some money and a little luck, a seasoned prospector has a good chance of finding an economic gold de…
Spot prices at a glance (March 30, 1992)
Week’s Price (US) Change Gold* $341.25 + $1.25 Silver* $ 4.11 + $0.04 Platinum* $353.50 – $0.40 Nickel** $ 3.28 – $0.07 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.55 – $0.01 Courtesy of Scotiaba…
FUTURES PRICES (March 30, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 101.70 101.10 101.50 – 0.50 May 101.70 100.85 101.40 – 0.50 Jul 101.25 100.50 101.00 …. SILVER (in US cents…
Laurentian database
The mining environment database developed by the Laurentian University Library provides more than 4,000 references to journal articles, books and government reports on abandoned mines and land reclama…
BOOKS IN REVIEW (March 30, 1992)
Timmins: The Porcupine Country, by Michael Barnes. Published by The Boston Mills Press. 132 Main St. Erin, Ont. N0B 1T0. $35 (hardback). Well illustrated by old photographs, Timmins documents the hist…
New World reserve estimate boosts contained gold by 69%
A final calculation of preliminary reserves at the New World property owned 100% by Crown Butte Mines (TSE) shows that 88% of the project’s contained gold and 76% of tonnage are classed as underground…
Aur awards $50-million shaft contracts
Sinking of two shafts at the $326-million Louvicourt Twp. base metal project is set to begin after operator Aur Resources (TSE) awarded the contract to Dynatec Mining and Entrepreneur Miniere Talpa. A…
Spirit Lake tests New North zone
More encouraging assays have been received by Spirit Lake Explorations (ME) from a winter drilling program at the company’s Edwards gold property northeast of Wawa, Ont. The results, the company says,…