1993

I have met and worked with many geologists during my tenure in mining. These much-respected professionals possess many outstanding characteristics, not the least of which is determination. One geologi…

Industrial metals markets declined worldwide throughout most of 1992 but steadied near year-end and increasingly appear poised for recovery in 1993. Metal prices and stocks are at levels that should e…

Despite a dip in the price of gold and disappointing results from the group of Northwest Territories diamond explorers, the Vancouver Stock Exchange remained little changed during the week ended Jan. …

Management of Jordex Resources (TSE) is evaluating an offer from Anglo American of South America (AMSA) to acquire a majority interest in the Loma de Hierro laterite nickel deposit in Venezuela. The d…

To raise funds for exploration on its Brookbank gold property near Beardmore, Ont., Ontex Resources (ASE) has reached an agreement-in-principle for a private placement of 500,000 units to a private co…

A program of grid cutting and electromagnetic (EM) surveys is under way on the Casa Berardi property of East West Resource (VSE) in northwestern Quebec. The company says that the EM surveys are being …

Shareholders of Canada Tungsten Mining, Canamax Resources and Minerex Resources approved an amalgamation plan at special meetings held recently in Toronto. With court approval also in hand, the compan…

A resource map, recently released by the Mexican government, re-charts the country’s mineral deposits, says the Mexican Investment Board. The fifth version since 1889, it is the first to have used sta…

Drilling and trenching are continuing at the Penjom gold property owned by Avocet Ventures (VSE) in Malaysia. The company reports that trenching extended the strike length of a previously identified g…

Six new massive sulphide prospects were acquired by Ecstall Mining (VSE) in the northern Kechika Trough of northeastern British Columbia. All six “sedex” massive sulphide properties are underlain by t…

At the northern tip of Quebec’s Ungava Peninsula, the Raglan project is under vigorous study by owner Falconbridge Ltd. “Raglan has the potential to replace the decline in our ore reserves elsewhere a…

Golden Princess Mining Corp. (GLP:VSE) has changed its name to Pandora Industries Inc. (PDR:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Trust …