Bursary fund honors Paul Young
Friends and early associates of the late mining engineer Paul Young have founded a student assistance bursary fund in his name. The Paul E. Young Memorial Fund is administered by The Walli Foundation …
News
Spot prices at a glance (May 10, 1993)
Week’s Price (US) Change Gold* $352.75 + $3.05 Silver* $ 4.25 + $0.20 Platinum* $374.15 – $0.60 Nickel** $ 2.67 – $0.01 Lead** $ 0.19 $0.00 Copper $ 0.82 – $0.03 Zinc $ 0.46 $0.00 Courtesy of Scotiaba…
STOCK MARKETS — TSE sets another trading record as golds
April turned out to be another extraordinary month for market players as the Toronto Stock Exchange’s composite 300 index shot up by more than 5% on record volume. According to TSE statistics, more th…
TORONTO STOCK EXCHANGE INDICES (May 10, 1993)
May 4 May 3 Apr.30 Apr.29 Apr.28 High Low Composite”300″3779.19 3773.47 3789.41 3755.06 3682.38 4009.47 3009.91 Metals&Minerals 2907.89 2901.08 2870.67 2858.39 2854.59 3453.06 2502.63 Integrated Mines…
Changes under way at Ontario Hydro
Plans under way to overhaul giant utility Ontario Hydro will not be a “one-shot change,” says Chairman Maurice Strong. Addressing a luncheon of the Toronto branch of the Canadian Institute of Mining, …
Drilling tests Stockade Mountain
Carlin Gold (ASE) has released results from seven reverse circulation holes drilled to test a structural zone on the Stockade Mountain project in eastern Oregon. The assay of the drill cuttings follow…
Casa Berardi earnings flow
The gold deposits of Quebec’s Casa Berardi district are still generating healthy profits for Golden Knight Resources (TSE). The company reported earnings of $1.1 million for the first quarter, a signi…
Higher prices, lower taxes needed for expansion in coal
Canada’s coal miners expressed relief that the financial and labor problems that shut down the Balmer, Greenhills and Fording mines in southeastern British Columbia have been resolved. Otherwise, litt…
Gold price appears to be holding
After steadily rising over the past few weeks, the price of gold has settled to above US$350 at press-time. But, the question on everyone’s mind is whether the yellow metal can hold the recent gains. …
Francoeur’s a little mine with a big profit
er the past half-dozen years, Jean Guy Rivard has patiently built a little gold mining company. Its head office is not on Toronto’s Bay Street or Vancouver’s Howe Street. stead, Rivard and his company…
Former producer used for mining research
New life has been breathed into the old Beacon mine, a copper-gold producer, 16 km east of here, which operated between 1922 and 1933. These days, the property is the home of an experimental mine belo…
Carson mobilizes exploration team
Armed with net proceeds of $5.9 million from a recent private placement, Carson Gold (VSE) is mobilizing a geologic exploration crew to begin work on a gold concession in the Kilometer 88 district of …