News


THE DIAMOND PAGE — Wheaton options Ketza to Hemlo

Junior gold producer Wheaton River Minerals (TSE) has optioned a portion of its Ketza River mine near Ross River, Y.T., to Hemlo Gold Mines (TSE). Hemlo, which will be the operator, can earn a 60% int…


METAL PRICES — FREE MARKET (August 02, 1993)

London Metal Exchange Spot closing prices in $US per tonne (copper and lead are no longer reported in pounds sterling per tonne) Date July 27 July 26 July 23 July 22 July 21 Copper 1949-1959 1925-1926…


Toronto Stock Exchange Indices (August 02, 1993)

— Week — Jul 27 Jul 26 Ju1 23 Jul 22 Jul 21 High Low Composite”300″ 3911.60 3869.49 3830.19 3838.50 3867.38 3912.10 3827.35 Metals&Minerals 2924.74 2883.27 2854.62 2838.87 2847.75 2925.01 2830.35 In…


Auriginor drills at Dubuisson play

Exploration is under way at the Dubuisson gold property near Val d’Or, Que., Exploration Auriginor (ME) reports. The company, formerly known as Consolidated Cache d’Or Resources, says drilling will ta…



Formation drilling at Black Pine

With an initial phase of drilling now complete, Formation Capital (VSE) recently began a second phase at its Black Pine property near Salmon, Idaho. It has also staked additional claims surrounding th…


Drilling program set for Beaufor

A 3-month, $900,000 exploration program is to begin at the Beaufor gold property near Val d’Or, Que., partners Aurizon Mines (ME) and Louvem Mines (ME) report. The program, designed to increase reserv…


Eskay Creek contract awarded

An engineering contract for the Eskay Creek project has been awarded to Davy International, a member of the engineering division of Trafalgar House. Situated north of Stewart, B.C., the gold/silver/ba…


NEWS ROUNDUP — Chesbar, Spirit option third play

Two Montreal-listed companies, Chesbar Resources and Spirit Lake, have clinched a deal on a third Venezuelan gold property. Known as the July Concession, this prospect covers 2,000 hectares in the act…


TSE Short Positions (August 02, 1993)

Semi-monthly reports as of July 15, showed 82,360,427 shares of 728 issues compared with 80,138,215 shares of 704 issues on June 30. Larger individual positions included: Aber 107,000, down 25,000; Ag…


NEWS ROUNDUP — Loubel options Messeguay play

A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…


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