News


Brimstone reserve significantly higher

The proven and probable figure has just swelled at the Crofoot-Lewis open pit in northwestern Nevada. Having subjected the Brimstone deposit to further evaluation, Hycroft Resources & Development (VSE…


Kinross drills new zone at Hoyle Pond

Toronto-listed Kinross Gold may have discovered a significant new zone at its Hoyle Pond mine in Timmins, Ont. Results from the first three holes of a drill program suggest as much. The discovery occu…


Teck backs Joutel in Cuban exploration

Latin America continues to beckon Toronto-listed Teck. The major is investing $1 million in Joutel Resources (TSE), in return for which it can earn a half interest in three of the former’s Cuban prope…


OBITUARIES — Christopher Bavage, Frank van Poppel

Two executives in the Canadian drilling industry, Christopher Bavage and Frank van Poppel, died recently in an automobile accident while on business near Timmins, Ont. Bavage was vice-president and ge…


Municipalities indicate their support for mining

More than 110 municipalities across the country have adopted resolutions in support of the campaign to “Keep Mining in Canada” The Canadian Mineral Industry Federation says 26 resolutions have been pa…


Metals sub-index jumps in December

In December, the metals and minerals sub-index of the Bank of Nova Scotia’s commodity price index rose for the second straight month. Base metal prices continued to edge up in December and January, th…



Spot prices at a glance (February 21, 1994)

Week’s Price (US) Change Gold* $383.60 + $3.35 Silver* $ 5.25 $0.00 Platinum* $400.00 + $10.50 Nickel** $ 2.61 + $0.01 Lead** $ 0.21 – $0.01 Copper $ 0.85 + $0.01 Zinc $ 0.43 – $0.01 Courtesy of Scoti…


METAL PRICES — FREE MARKET (February 21, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Feb. 15 Feb. 14 Feb. 11 Feb. 10 Feb. 9 Copper 1820-1821 1827-1828 1823-1824 1854-1855 1853-1854 Lead 451-452 474-475 480-481 485-486 489…


Lumina in gold, diamond hunt

The search for gold and diamonds is keeping Lumina Investment (VSE) active in the Northwest Territories and Saskatchewan. The Vancouver-based junior, of which Robert Hunter is president, claims varyin…


Starmin set to buy Friedland firms

The paperwork is about to increase at Starmin Mining’s Toronto office as the junior prepares to acquire two private companies and undergo a restructuring. The Toronto-listed company will gain all the …


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