1993

— Week — Aug 17 Aug 16 Aug 13 Aug 12 Aug 11 High Low Composite”300″ 4032.51 4020.20 4014.62 4008.97 4015.89 4033.22 3999.05 Metals&Minerals 3119.31 3140.94 3123.16 3126.24 3123.66 3158.23 3101.31 In…

A study of samples from the Bajo de la Alumbrera project in Argentina indicates copper and gold recoveries of 91% and 70%, respectively, at average feed grade. Lakefield Research, near Peterborough, O…

By late October, Manhattan Minerals (VSE) expects to have the results of a final feasibility study for its Moris heap-leach gold project in Chihuahua state, Mexico. Based on a pre-feasibility report e…

Toronto-based Lac Minerals (TSE) may continue its legal action to block the sale of a majority interest in the Lisheen lead-zinc deposit in Ireland, that country’s High Court has ruled. Lac offered US…

There is something amiss in the diamond exploration game. It relates to the flow of information or, rather, the lack of it. Investors wait months for news of results. When drill results finally are an…

It was indeed good of you to tell your readers “Ignore Sarnoff’s diamond warning, exploration activity speaks for itself” (T.N.M., Aug. 2/93). Please permit me to speak for myself. When Dia Met made i…

A mill capable of processing 8,000 tons per day of non-oxidized and high-clay ores is being considered for the Round Mountain gold mine in Nevada, Echo Bay Mines (TSE) reports. The company owns half o…

Two separate drill programs are being carried out this summer by Newhawk Gold Mines (TSE) on the Sulphurets property, 60 km north of Stewart, B.C. Work on the 60%-owned Bruceside project is to focus o…

Australian-based North Broken Hill Peko is considering bidding to develop Chile’s huge El Abra copper deposit. The announcement came two weeks after Australia’s biggest company, BHP, said it was consi…

Semi-monthly reports as of July 31, showed 80,264,553 shares of 723 issues compared with 82,360,427 shares of 728 issues on July 15. Larger individual positions included: Aber 117,500, up 10,500; Agni…

A revised agreement between Athabaska Gold Resources (TSE) and Consolidated Ramrod Gold (TSE) has been approved by Royal Oak Mines (TSE). Royal Oak, which owns 3.4 million shares of Athabaska, tried t…

Drilling is under way on the Sagar-1 property near Fermont, Que., report partners Virginia Gold Mines (ME) and Soquem. The program is designed to confirm the presence of a large zone of copper and pre…