Jamestone options Bushveld prospects
A jointly owned subsidiary of International Platinum (TSE) and Swansea Gold Mines (CDN) has acquired options to buy three platinum group metal (pgm) projects in the Rustenburg area of South Africa. Th…
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PRODUCER PRICES (July 20, 1992)
ALUMINUM: MW U.S. market US59-61 cents per lb. (Jul. 1, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CADMIUM: …
EDITORIAL PAGE –Most interesting times
When you live in interesting times, you tend to become used to, well, interesting developments. Change in a changing world, as the saying goes, is the one constant you come to expect. Giant real estat…
Adrian program under way at Panamanian copper play
A $1-million exploration program aimed at expanding reserves and testing new targets is under way on the Petaquilla copper property in Panama. The program is being funded by Adrian Resources (VSE) whi…
Work begins on Nizi project
An evaluation program by a team of geologists from Gold Giant Minerals (VSE) and Gold Fields Canadian Mining has started on the Nizi property, a new gold-silver-zinc discovery southeast of Cassiar, B….
METALS MARKETS — Lively third quarter for metals?
The traditionally slow third-quarter metals business may be overturned this year. Many metals consumers are reporting firmer order books just as metal producers are slowing their production levels bec…
Manor confirms four gold zones
Detailed soil sampling and geophysical surveys have confirmed the presence of four gold zones on the 194-claim Virginia property near Gander, Nfld., says owner Manor Resources (ASE). Zone A-1 has been…
LATIN AMERICA — Golden Ring evaluates drilling
Assay results were released by Golden Ring Resources (VSE) from several holes recently drilled on the Bellas Gate copper-gold property in central Jamaica. Hole 92-15 encountered 150 ft. grading 0.33% …
Big Creek hits copper at Casino
The first hole of an initial $500,000 drilling program on the Casino property in southern Yukon intersected 523 ft. (from 77 ft. to 600 ft.) at an average grade of 0.021 oz. gold, 0.59% copper and 0.0…
INSIDER TRADING — Diamond players sell Aber shares at
Two of the key players in the Lac de Gras diamond hunt were active in the stock market recently, with company share prices reacting to moves made by majors Kennecott and BHP-Utah Mines. According to t…
Reclamation specialist favored
A Vancouver-based company has been selected as the preferred bidder by Rio Algom (TSE) to decommission its former Quirke and Panel uranium mines near Elliot Lake, Ont. Regarded as one of the largest d…
Arbor eyeing major deal
By the end of July, Arbor Resources (VSE) and associated company Wealth Resources (VSE) expect to enter into a joint venture agreement allowing an undisclosed senior mining company to earn a 51% inter…