Fort a la Corne speculation boosts stock prices
Speculation over results from diamond exploration programs in northern Saskatchewan has boosted the shares of several juniors active in the province. The flagship of the junior play, Rhonda Mining (AS…
1993
Atlantic rocks
Newfoundland, Nova Scotia and New Brunswick have joined forces to present an Atlantic Canada Rock Room at the annual convention of the Prospectors and Developers Association of Canada, this week in To…
Metall amends Minnova offer
An amended proposal to acquire the outstanding shares of Minnova (TSE) has been made by Metall Mining (TSE). Each Minnova share can be exchanged for one Metall share, $4 cash and half of a warrant to …
LATIN AMERICA — Drilling results mixed at Albino concession
Drilling on the Albino concession in Venezuela’s Kilometre 88 district has returned mixed results for joint-venture partners Eurus Resource (VSE) and Crystallex International (VSE). Drilling was focus…
Mineral’s name honors professor
A geology student at the University of New Brunswick (UNB) who discovered a new mineral in 1988 has honored his former mentor by christening it “Trembathite.” Pat Burns, now a doctoral student at the …
Fipke garners PDAC Prospector award
Diamond explorer Charles Fipke has won the 1992 Bill Dennis Award for Prospector of the Year. The award is being presented at this year’s annual convention of the Prospectors and Developers Associatio…
LATIN AMERICA — Sikaman, partners interested in Argentine
Toronto-based Sikaman Gold Resources (TSE) and partners have been granted an exclusive option to explore and develop gold-bearing gravels along a 150-km stretch of the Neuquen River in western Argenti…
LATIN AMERICA — Gold Vessel in Venezuelan deal
An agreement to acquire an interest in a mineral concession in the El Callao district of Venezuela’s Guiana Shield has been negotiated by Gold Vessel Resources (ASE) with private Venezuelan company Pr…
ODDS’N’SODS — Growing up in Perron
My mother and I came to the Perron gold mine in northwestern Quebec, from the Ukraine, in 1937. My father, Karol Kit, worked underground there and saved enough to pay our fare to Perron from the Old C…
Positive feasibility received for Keystone gold project
Feasibility work on the Keystone gold project near Lynn Lake, Man., concludes that developing the BT deposit and reopening the Lynn mill is economic at current gold prices. Feasibility was overseen by…
EDITORIAL PAGE — Understand the problems, then act to
British Columbia’s mines minister, Anne Edwards, had us worried. For the past couple of years, the industry has complained loudly about its awful plight. Yet Mines Minister Edwards seemed not to hear….
Spot prices at a glance (March 29, 1993)
Week’s Price (US) Change Gold* $331.30 + $2.65 Silver* $ 3.65 – $0.01 Platinum* $356.90 + $8.45 Nickel** $ 2.73 + $0.05 Lead** $ 0.18 $0.01 Copper $ 0.99 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotiaba…