Cameco to assess gold prospect in Kirghizstan
A gold deposit in the southeastern, mountainous region of the Republic of Kirghizstan has drawn the attention of Cameco (TSE). The Saskatoon-based company says it signed an agreement with the prime mi…
News
Central Crude plans two more holes
The fifth hole of a 5-hole drilling program at the Moss Lake project in northwestern Ontario cut a 62.3-ft. section grading 0.054 oz. gold per ton, Central Crude (TSE) reports. The program was designe…
Prairie Creek stepout drilling expanding tonnage potential
Stepout drilling on the Prairie Creek mine project 300 miles west of Yellowknife, N.W.T., continues to expand the project’s tonnage potential. San Andreas Resources (VSE), the operator on the property…
Metal prices return to 1991 lows
The metal and mineral sub-index of Scotiabank’s commodity price index dropped substantially again in October. After improving earlier in the year, most base metals have returned to late 1991 lows. Cop…
Falconbridge intersects pyrite-rich sulphides
Drilling by Falconbridge on the “A” Group of property owned by White Star Copper Mines (CDN) northwest of the Kidd Creek base metal mine in the Timmins, Ont., area intersected heavy sulphide mineraliz…
Latest Dia Met finds leave analysts dazzled
The news from Dia Met Minerals’ (TSE) Lac de Gras diamond property in the Northwest Territories just keeps getting better. Results from core and surface samples on the company’s claim block indicate t…
New high-grade zone uncovered at South Pipeline
The South Pipeline gold project is being enhanced by continued exploration drilling and the recent discovery of a deeper high-grade gold zone. The new discovery was announced by Royal Gold (NASDAQ), a…
Granada bulk sample encouraging
Montreal-based juniors KWG Resources (ME) and SEG Exploration (ME) have announced that initial processing of a 20,000-ton bulk sample from their jointly owned Granada gold property near Val d’Or, Que….
Coniagas amalgamation postponed
A special and annual meeting of shareholders of Anglo Dominion Gold Exploration (TSE), The Coniagas Mines (TSE), Garrison Creek Consolidated Mines (CDN) and Quebec Sturgeon River Mines (TSE) to approv…
Canadian Mining Hall of Fame to induct nine
Nine more individuals are to be inducted into The Canadian Mining Hall of Fame on Jan. 11, 1993, says the Hall’s board of directors. They were chosen from a nomination list of 17 candidates. The induc…
STOCK MARKETS — Dia Met touches $55 after release of new
Trading today, Dec. 9, was marked by extreme volatility in the diamond stocks after Dia Met Minerals and partner BHP Minerals Canada released results from nine more diamond-bearing kimberlite pipes on…
Spot prices at a glance (December 14, 1992)
Week’s Price (US) Change Gold* $333.40 – $1.70 Silver* $ 3.71 – $0.05 Platinum* $363.50 + $2.00 Nickel** $ 2.53 $0.00 Lead** $ 0.21 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…