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…
News
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…
LETTERS TO THE EDITOR — B.C. needs `prospector’s
In the article “NDP killing mining” (T.N.M., Nov. 16/92), M.R. Brown points out that the New Democratic Party is hurting mining in Ontario and British Columbia. However, he did credit Ontario with pro…
LETTERS TO THE EDITOR — Challenging Jake Epp to devise new
I must respond to the letter from Jake Epp (T.N.M., Nov. 30/92). The minister of Energy, Mines and Resources (EMR) implies that my article calling for his resignation was factually incorrect. The quot…
LATIN AMERICA ROUNDUP — American Resource bids for Red Rock
Junior Red Rock Mining (VSE) is the subject of a takeover bid by American Resource, which is proposing to merge the two companies should its offer be successful. American is offering to buy all of the…
LATIN AMERICA ROUNDUP — Aronos expands Sonora holdings
Two additional purchases of claims have been made by Aronos Multinational (CDN) adjoining the company’s gold exploration property in the Mexican state of Sonora. The company, which recently completed …
PRODUCER PRICES (December 14, 1992)
ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…