1993

Euro-Nevada Mining (TSE) is going to the market with a minimum 1.1-million-unit issue of common shares and warrants. Each unit will be priced at $38 and the common share purchase warrants will be exch…

The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index fell in August, hitting its lowest level since early 1987. Economist Patricia Mohr reports that prices for zinc, alum…

I am an individual investor who would like to help restore the confidence of diamond stock investors. Investors should be asking the following questions: Is the current price decline of Canadian diamo…

Toronto-listed Dickenson Mines has proposed that a wholly owned subsidiary amalgamate with Goldquest Exploration (CDN). Goldquest shareholders would receive Dickenson class A shares at an exchange rat…

Your interesting commentary on the erosion of diamond pipes (“Pipes susceptible to erosion,” T.N.M., Oct. 11/93) makes it difficult to understand your newspaper’s cavalier dismissal of recent releases…

Toronto ’94 promises to be a “really big show” when it convenes next May. Four events will take place May 1-4 under the Toronto ’94 banner: * the 96th annual general meeting of the Canadian Institute …

The election of a new parliament, of course, has little effect on western markets, although gold investors may take heart in the Grits’ historically looser monetary policy and the resulting effect on …

Tim Bettger and Al Shearing have been charged with seven acts of violence related to the ongoing labor dispute at the Giant gold mine in Yellowknife, N.W.T. The former mine employees are members of Lo…

Semi-monthly reports as of Oct 15, showed 73,370,624 shares of 797 issues compared with 82,769,360 shares of 773 issues on Sept 30. Larger individual positions included: Aber 127,000; Agnico-Eagle 93,…

The turmoil in world metal markets is forcing mine operators and refiners to gradually reduce output substantially. Such cutbacks are necessary if the balance among production, consumption and high in…

A letter of intent gives Rea Gold (TSE) a purchase option on the Mt. Hamilton gold project in eastern Nevada. The option is part of an agreement with owner Costain Minerals. In return, Rea must pay Co…

ALUMINUM: MW U.S. market US51.50-52.50 cents per lb. (Oct. 21, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…