Aber plans bulk-sampling program
It was standing room only at the annual meeting of Aber Resources (TSE) as management explained plans to carry out a mini-bulk-sampling program on two recently discovered kimberlites in the Lac de Gra…
News
Table Mountain producing gold
Since mill startup in April, the Table Mountain mine in northwestern British Columbia has produced 5,785 oz. gold for owner Cusac Industries (TSE). A modest-sized underground producer, Table Mountain …
LETTERS TO THE EDITOR — Lab standards needed for diamond
I write in an attempt to warn shareholders and analysts of the possibility of erroneous conclusions when dealing with micro and macrodiamond counts as released by public companies in Canada and elsewh…
STOCK MARKETS — TSE composite index rises despite drop in
Although most major metal prices took a tumble, the Toronto Stock Exchange posted a moderate gain for the 5-day report period ended Aug. 2. The composite 300 index jumped just more than 60 points, or …
St Andrew suspends production at Stock
Production has been suspended at St Andrew Goldfields’ (TSE) Stock Twp. mine near Timmins, Ont. The mine is being prepared for an extensive underground exploration program that was originally schedule…
Rights issue for Breakwater
Under a proposed rights offering, common shareholders of Breakwater Resources (TSE) will receive one right for each common share held. One right will entitle the holder to buy one common share at 10 c…
Canada’s top gold mines increase output in 1993
Although total Canadian gold output fell by nearly 6% in 1993 to 151 tonnes, production from the country’s top mines showed a marginal increase. Cumulative production last year from Canada’s top 12 mi…
EDITORIAL PAGE — WWF, diamonds and the North
It was only a matter of time before groups such as the World Wildlife Fund (WWF) came to realize the scope and pace of diamond-related exploration and development taking place in Canada’s North. And a…
ODDS’N’SODS — A draftsman under suspicion
In 1936-37, the reorganized Paymaster Consolidated gold mine near Timmins, Ont., was limping along; money was scarce for several years. Our master mechanic, Bill White, needed a draftsman-designer but…
INSIDER TRADING — Great Lakes officials exercise options,
A director and a senior officer of Great Lakes Minerals (TSE) exercised options and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, director Robert Cudney exercised…
PRODUCER PRICES (August 08, 1994)
ALUMINUM: MW U.S. market US73.5-74.3 cents per lb. (July 14, 1994). ANTIMONY: MW New York dealer US$2.25-2.50 per lb. (July 14, 1994). BISMUTH: MW New York dealer US$3.85-4.30 per lb. (July 14, 1993)….
Gencor succeeds in Billiton bid
South Africa’s Gencor mining house has acquired Royal Dutch-Shell group’s metals and minerals arm, Billiton, for US$1.2 billion. The new resource group is to be called Billiton International and will …