EDITORIAL PAGE — Strapped for cash
As if Denison Mines werent up to its eyeballs in alligators already, the provincial governments in Ontario and Saskatchewan have unleashed a few more of the critters on the hapless company. The Ontari…
News
Applicants sought for CEA awards
The Canadian Exporters Association (CEA) wants to honor Canadian companies contributing to international development in Africa, Asia, Latin America and the Caribbean. The 1994 Canadian Awards for Inte…
Copper concentrate market turnaround focus of study
The dramatic turnaround in the copper concentrate market is partly the result of large shipments in 1992 to the former Soviet Union and increased buying by China. So says Brook Hunt & Associates of th…
ODDS’N’SODS — A most dangerous assignment at the Granduc
On learning of the recent demise of William Bill Pryde, I recalled a hair-raising venture which I shared with him at the Granduc mine site in 1965. A climax avalanche swept over the Leduc Portal camp …
1993 A LOOK BACK — Chibougamau production for MSV
After acquiring the Copper Rand and Portage gold-copper mines near Chibougamau, Que., in late February, MSV Resources (ME) returned the properties to production. MSV bought the mines and a 3,000-ton-p…
1993 A LOOK BACK — Tough year for Curragh
It was a tough year for Curragh (TSE), which had to cease production in early April at its Faro lead-zinc mining operation in the Yukon. Deteriorating metals markets played havoc with Curraghs balance…
Diamond play gains credibility in 93
If 1992 was the year diamond fever swept Canada, 1993 will be remembered for the solid exploration results that made even diehard skeptics concede that this country may soon have its first diamond min…
STOCK MARKETS — Resource stocks boost TSE indexes at
The resource stocks took one last kick at the can before the new year dawned. They boosted the Toronto Stock Exchange 300 Composite Index to a big gain on the last day of our report week. The TSE 300 …
New Canamin plans 1994 program
A drill program is scheduled for early 1994 at the Huckleberry property near Kemano, B.C. New Canamin Resources (VSE), which owns the property, subject to a 60% back-in right held by Kennecott, plans …
Silver Eagle vends Carlin ground
An agreement with Silver Eagle Resources (VSE) gives Asarco (NYSE) an option to earn a 75% interest in the High Dollar property in the Carlin Trend of Eureka Cty., Nev. Silver Eagle describes the 840-…
Correction (January 03, 1994)
Contrary to reports published in the Vancouver Stock Market column of Dec. 20, 1993, the 47 million tons of mineralization reported by Hycroft from its Brimstone exploration program is additional to t…
Metals sub-index continued to fall in October, bank says
In October, the metal and mineral sub-index of The Bank of Nova Scotias commodity price index dropped to the lowest level since January, 1979. A plunge in copper and lower aluminum prices swamped any …