Royal Oak gets safety record
The Timmins division of Royal Oak Mines (TSE) achieved more than one million manhours of consecutive service without experiencing a lost-time accident. The record was confirmed by staff of the Mines A…
1993
Gregor drilling tests Marathon gold project
A 12,000-ft. program has begun on Gregor Goldfields’ (CDN) Marathon gold project, near Hemlo, Ont. The drilling is intended to test the strike length, width, depth and continuity of five known gold-be…
Lihir partners sign new agreement !@DATELINE=VANCOUVER
Partners in the Lihir gold project in Papua New Guinea plan topool their interests and form a publicly traded company to develop the play. The partners currently include 80%-owner RTZ (NYSE) and Niugi…
ODDS’N’SODS — The Jogran staking rush (2)
The morning dawned dark and foggy. Lake Superior was living up to its reputation without question. It was clear that neither a helicopter nor an airplane would be of much use. With so many witnesses p…
ELECTION ’93 — MINING FOR ANSWERS — Liberal Party warns of
In preparation for the Oct. 25 federal election, The Northern Miner has asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All repres…
THE DIAMOND PAGE — More kimberlites discovered in Northwest
Three Alberta-listed juniors — Tanqueray Resources, Fibre-Klad Industries and Mill City Gold Mining — have discovered three separate kimberlite pipes at Yamba Lake in the Northwest Territories. The …
STOCK MARKETS — Base metals among losers in lacklustre week
Gold bobbed around in the neighborhood of about US$350 per oz. during our report week (ended Sept. 28) and the gold equities more or less held their ground. Typical of the week were American Barrick, …
Canada poised to be high-value diamond producer?
The Lac de Gras region of the Northwest Territories is poised to become a producer of high-value diamonds, according to an Antwerp-based consulting geologist specializing in the evaluation of diamond …
GOLD FUNDS (October 04, 1993)
BGR Central Net Value $13.13 $5.69 Price $11.88 $6.250 Discount 9.55% 9.8% Value $73,540,000 $113,120,625…
COMMENTARY — SX-EW development continues
The extraordinary activity of the past decade in solvent extraction-electrowinning (SX-EW) development continues. In early 1993, at least 10 projects were under development, and another 12 had advance…
Corrections (October 04, 1993)
The Great Diamond Debate, reported on in a story last week, failed to mention that the conference was the Las Vegas “Investment in Mining Conference” held in Las Vegas, Sept. 15-18.
Metals sub-index moves up in July
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index edged up in July alongside somewhat stronger prices for copper, aluminum, gold and silver. However, economist Patrici…