News


ODDS’N’SODS — Patience has its own rewards

At last the Quirke mine and mill in Elliot Lake, Ont., started into production in the summer of 1956. Expectations were high with the anticipated precipitation of “yellow cake,” or uranium oxide, from…


Conference targets industrial minerals

Industrial mineral suppliers, consumers, traders and consultants from across North America and Europe converged on Toronto recently for the Canadian Conference on Markets for Industrial Minerals. Dele…


THE DIAMOND PAGE — Results pending from Yamba Lake

In the Northwest Territories, results are still awaited from additional holes drilled in the Yamba Lake region where the latest kimberlite discoveries were made. This project is a joint venture involv…



FINANCING (November 01, 1993)

Franco-Nevada Mining — One million units, each consisting of sh and wt @ $75 per unit. Redfern Res. — 1.8 million units issued on the exercise of special wts @ $2.75 per special wt. Kinross Gold — …


Spot prices at a glance (November 01, 1993)

Week’s Price (US) Change Gold* $368.65 $2.95 Silver* $ 4.39 $0.10 Platinum* $372.75 $2.50 Nickel** $ 2.01 $0.11 Lead** $ 0.18 $0.00 Copper $ 0.72 $0.01 Zinc $ 0.41 $0.01 Courtesy of Scotiabank. Inform…


TSE INDICES (November 01, 1993)

Week Oct 26 Oct 25 Oct 22 Oct 21 Oct 20 High Low Composite”300″ 4187.15 4155.26 4153.81 4163.05 4182.24 4187.81 4143.38 Metals&Minerals 3002.05 2994.54 2996.72 3026.61 3034.56 3059.21 2971.81 Integrat…


Noranda swings Chinese deal

The copper smelting technology of Noranda Copper Smelting and Refining, a unit of Noranda (TSE), will be exported to China. The decision is the result of an agreement with the China National Nonferrou…


Orco extracts sample

Preliminary milling results from the Donalda project at Rouyn-Noranda, Que., indicate an average grade of 7.13 grams gold per tonne and a recovery rate of 95%. The results are from the milling (in a f…


Goldquest merging with Dickenson subsidiary

Toronto-listed Dickenson Mines has proposed that a wholly owned subsidiary amalgamate with Goldquest Exploration (CDN). Goldquest shareholders would receive Dickenson class A shares at an exchange rat…



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