Lakehead to study amethyst at Panorama
Color, grades and other facets of the Panorama amethyst mine at Thunder Bay, Ont., will be studied by Lakehead University over a 3-year period. The study, which includes gemstone marketing, involves O…
News
PDAC sets convention agenda
The agenda of this year’s annual convention of the Prospectors and Developers Association of Canada (PDAC), scheduled for March 28-31 in Toronto, will have an international flavor. Theme of the show a…
Call for papers (March 01, 1993)
An international conference on mining in Latin America will be held in Santiago, Chile, May 10-14, 1994, by The Institution of Mining and Metallurgy (IMM), with the Instituto de Ingenieros de Minas de…
Texas to host rock mechanics symposium
The First North American Rock Mechanics Symposium (NARMS) will be held at The University of Texas at Austin in Austin, Tex., June 1-3, 1994. The meeting is jointly sponsored by The U.S. National Commi…
EMR signs agreement with Mexico
Canada and Mexico recently signed an agreement to develop ties between the mineral industries in both countries. Under the new pact, Canadian and Mexican organizations can exchange experts and informa…
Hemlo Gold options Vega property
Toronto junior Vega Explorations (CDN) has optioned its gold property in Jacobson and Riggs twps., northeast of Wawa, Ont., to Hemlo Gold Mines (TSE). Under the terms of the agreement, Hemlo Gold can …
LATIN AMERICA ROUNDUP — Aurizon exploring La Reyna project
A $200,000 exploration program is under way at La Reyna project near Mazatlan, Mex., Aurizon Mines (TSE) reports. The work involves cutting grid lines, taking soil samples, mapping and re-logging of o…
Sherritt plans acquisition of additional energy assets
Alberta-based nickel refiner Sherritt Gordon (TSE) plans to acquire more natural gas assets this year after a show of strength with its recent acquisition of Canada Northwest Energy (CNW). “Most of ou…
LATIN AMERICA ROUNDUP — Princeton drops Mexican project
After carrying out a drill program which confirmed grade but not tonnage, Princeton Mining (TSE) announced it will not proceed with plans to acquire the Luz del Cobre copper deposit in Mexico. The pro…
Spot prices at a glance (March 01, 1993)
Week’s Price (US Change Gold* $330.35 – $1.15 Silver* $ 3.60 – $0.11 Platinum* $346.75 – $21.50 Nickel** $ 2.82 + $0.01 Lead** $ 0.19 $0.00 Copper $ 1.00 $0.00 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
Financing (March 01, 1993)
Breckenridge Res. Ltd. 1,000,000 units @ 65 cents per unit where each unit consists of 1 sh and 2 wts. 2 Series A wts to purchase 1 sh. Plus an over-allotment of 150,000 units @ 60.125 cents per unit….
STOCK MARKETS — Soaring gold index continues to defy
While gold has barely budged from the US$330-per-oz. level since the beginning of 1993, The Toronto Stock Exchange’s gold and silver index has soared by 15%. The index continued that rally during the …