PRODUCER PRICES (September 26, 1994)
ALUMINUM: MW U.S. market US75.25-76.25 cents per lb. (Sept. 8, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993…
News
DIAMOND SPECIAL — Early history of Point Lake kimberlite
The history of the Point Lake discovery — a diamondiferous kimberlite, by Dia Met Minerals (TSE) and joint-venture partner BHP Minerals in the fall of 1991 — began with the exploration for indicator…
Spot prices at a glance (September 26, 1994)
Week’s Price (US) Change Gold* $394.80 + $4.40 Silver* $ 5.67 + $0.21 Platinum* $420.00 + $3.25 Nickel** $ 2.92 – $0.02 Lead** $ 0.28 $0.00 Copper $ 1.14 + $0.01 Zinc $ 0.45 + $0.01 Courtesy of Scotia…
DIAMOND SPECIAL — Brazil, Guyana and Venezuela — Southern
Diamonds were first discovered in Brazil in 1725, and the Latin American country soon replaced India as the most important global source of diamonds. Brazil remained the primary diamond source until t…
DIAMOND SPECIAL — Assessing the value of an exploration
Attempts to value exploration properties prior to the actual discovery of a mineral deposit are highly subjective exercises. The foremost problem is to assess the probability that a particular area do…
La Fortuna reserve for San Fernando
Following a review of an in-house resource estimate for the Fortuna property in Mexico’s Durango state, consultant Kilborn Engineering has calculated a new drill-indicated resource. The deposit is now…
DIAMOND SPECIAL — Cliff Res. and partners plan Phillips
Joint-venture partners Cliff Resources (TSE), Triad Minerals and Black Hill Minerals plan about 5,000 metres of small-diameter drilling this year on their Phillips Range diamond property in Western Au…
Ecudorian pushes ahead at Gaby
Prefeasibility work is confirming the potential of the Gaby gold porphyry joint venture in Ecuador, reports Ecuadorian Minerals (ASE). The company can earn a 35% interest in any oxide resource outline…
Drilling continues at Hislop-Beatty
According to Glimmer Resources (VSE), results from drilling by Hemlo Gold Mines (TSE) at the Hislop-Beatty property in northeastern Ontario should lead to increased reserves. Seventeen of the 29 holes…
Nebex draws up plans to drill five properties
Alberta-listed Nebex Resources plans to carry out drilling on three gold properties in Yellowknife, N.W.T., and on two gold and base metal properties in New Brunswick. Near Yellowknife, Lac Minerals (…
Historical gold belt — El Callao region attracts interest
While it may not be as heavily promoted as the Kilometre 88 region, Venezuela’s El Callao region, 125 km to the northwest, has attracted its share of exploration companies. This should come as no surp…
Waddy Lake encouraged by bulk sample results
Toronto-listed Waddy Lake Resources has completed test mining and milling programs to determine the continuity and consistency of mineralization at its Komis gold deposit in northern Saskatchewan. The…