News

Pegasus plans third phase of program at Talapoosa

Gold miner Pegasus Gold (TSE) plans to enter phase three of work at the Talapoosa property in Lyon Cty., Nev. It is earning a 70% interest in Talapoosa from Athena Gold (VSE) by making payments totali…


Commission seeks Westray documents

The commission probing the fatal Westray mine explosion in Nova Scotia wants the federal government to release all documents pertaining to the mine. The commission warns it is prepared to take the mat…


Newfoundland alters mining tax law

Newfoundland and Labrador have changed their mining tax policy to encourage investment. Provincial corporate taxes will now be creditable against mining taxes for a mine’s first 10 operating years. Al…


Tri Origin resumes drilling

A 2,000-metre program is under way at the Lewis Ponds polymetallic prospect in Australia, reports Tri Origin Exploration (TSE). The drilling is intended to expand a known inventory of 1.5 million tonn…



Etruscan to test Hackett property

A $500,000 private placement by Etruscan Enterprises (VSE) will be used to explore its Hackett River property, 160 km northeast of Lac de Gras, N.W.T. The placement consists of 320,513 shares at a pri…


EDITORIAL PAGE — Well-deserved honor

It came as absolutely no surprise that Dia Met Minerals’ Charles Fipke was crowned Prospector of the Year at the annual convention of the Prospectors and Developers Association of Canada. He was the h…


Safety program tested at Cluff Lake

Workers at Cogema Canada’s Cluff Lake uranium mine in northern Saskatchewan are the first in Canada to use a training program in radiation protection. Designed at the Canadian Institute for Radiation …



Crown Butte raises $10 million

A private placement will provide Crown Butte Resources (TSE) with $10.7 million for ongoing work at its New World gold-copper-silver project in Park Cty., Mont. The company is 60%-owned by Hemlo Gold …


Gowest, Premium enter option deal in Nevada

Partners Gowest Amalgamated Resources (ASE) and Western Premium Resources (VSE) have signed an agreement whereby each may earn a 35% interest in three gold properties in north-central Nevada. The part…


METAL PRICES — FREE MARKET (April 05, 1993)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 30 Mar. 29 Mar. 26 Mar. 25 Mar. 24 Copper 1434-1435 1434-1436 1441-1443 1474-14…


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