News


N.W.T. Diamonds — BHP-Dia Met age-date kimberlites

The age of two Lac de Gras kimberlites has been disclosed by joint-venture partners BHP Minerals Canada and Dia Met Minerals (TSE). The partners were the first to discover potentially economic diamond…


Miners marching

Miners will be marching on Washington, D.C., next month in response to predictions that there will be Congressional mining law activity. The trips are being co-ordinated with the Mineral Resources All…


COMMENTARY — Foreign ownership in Latin America

During the 1990s, control by national governments of mineral resources and operating mines in many Latin America countries will decrease markedly and the percentage owned and controlled by foreign min…


Producer Prices (September 20, 1993)

ALUMINUM: MW U.S. market US54.00-54.75 cents per lb. (Sept. 2, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…


Rio, Exxon team up in Wisconsin

Toronto-based major Rio Algom (TSE) and an Exxon Corp. subsidiary have joined forces to advance permitting of a 30-million-ton classic massive sulphide deposit in the north-central U.S. The deposit, n…


NEWS IN BRIEF (September 13, 1993)

Consolidated Heron Resources (CNS:VSE) has changed its name to Fintra Ventures (FVN:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Montreal Trust.




NEWS IN BIREF

Kamad Silver Co. (KDS:VSE) has changed its name to Agate Bay Resources (ABE:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Trust.


LAST BUT NOT LEAST — Early redemption

Toronto-listed Northgate Exploration has called for redemption of its $40 million of 10% subordinated debentures issued in 1988. The redemption will occur 19 months ahead of the February, 1995, maturi…



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