Management of Consolidated Pine Channel Gold (VSE) expects it will be several more weeks before details are available on the Tobin Lake project where a hole has reportedly intersected pyroclastic kimb…
Junior Canmine Resources (CDN) has agreed to option up to half of the Golden Blue property near Bissett, Man. In return, the company must spend $200,000 over five years. A shaft was sunk in the late 1…
Most gold equities — those that released earnings, anyway — fell during the report week ended Nov. 2. Investors, perhaps fooled by the rise in the price of gold, had been anticipating stronger earni…
ALUMINUM: MW U.S. market US49.75-51.50 cents per lb. (Oct. 28, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Encouraged by assays from its Guadalupe prospect in northwestern Mexico, Bishop Resources International Exploration (CDN) says exploration will continue. Initial samples of high-grade material returne…
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 2 Nov. 1 Oct. 29 Oct. 28 Oct. 27 Copper 1622-1623 1601-1602 1612-1613 1608-1609 1600-1601 Lead 396-397 394-395 402-403 401-402 395-…
The Similco copper mine in northwestern British Columbia is being forced to close, though owner Princeton Mining (TSE) describes the shutdown as temporary. The announcement came after Princeton was to…
With the gold market having picked up, Rea Gold (TSE) is assessing the former-producing Bissett property in Manitoba. Kilborn Western and Tonto Mining will assist in the pre-feasibility study, the foc…
The Siwash North deposit is expected to produce 25,000 oz. gold in 1994, more than double the 12,000 oz. Fairfield Minerals (TSE) plans to recover from this year’s test mining. The bulk of these ounce…
Cominco is raining on Teck’s parade. A $17.2-million equity loss in Cominco (TSE) reduced the 1993 third-quarter earnings of Teck (TSE) to $9.9 million, compared with $13.8 million in 1992. The loss i…
Well known Canadian geological engineer James Zimmerman died recently. He was 52. After graduating from the University of Toronto in 1962 with a degree in geological engineering, Zimmerman joined Inco…
Nineteen nominees have been proposed for induction into the Canadian Mining Hall of Fame in 1994. The names of the inductees will be announced before the end of the year, with the induction ceremony s…
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