1993


Claude proposes restructuring

A notice of intention to make a proposal under a section of the Bankruptcy and Insolvency Act has been filed by Claude Resources. Under the Act, Claude will be permitted to make restructuring proposal…


Drill turns in the heart of Timmins

A syndicate of 14 “respected risk-takers” led by Robert Ginn has launched a $250,000 drilling program in the old business district of Timmins, Ont. The drilling, centred east of the railway station, w…




Newmont reserves decline slightly

Proven and probable reserves at the end of 1992 stood at 19.5 million oz., down 600,000 oz. from the previous year-end, Newmont Gold (NYSE) reports. Reserves added in 1992 amounted to 2 million oz. Ho…



PRODUCER PRICES (March 15, 1993)

ALUMINUM: MW U.S. market US54-55 cents per lb. (Mar. 4, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…


Canarctic study focuses on Coronation Gulf shipping

A shipping season of at least five months is commercially feasible for Coronation Gulf, N.W.T., according to a recent study on Arctic navigation. The study looked at access to and from Coronation Gulf…


INSIDER TRADING — Thunderwood trio pads holdings

A trio of top managers at Thunderwood Resources (TSE) recently took a large share position in the junior explorer. According to the Ontario Securities Commission’s OSC Bulletin, Chairman James Gill bo…




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