1993

NEWS ROUNDUP — Abacus undertakes detailed sampling

On a 296-claim package in the Brookfield area of southwest Nova Scotia, Abacus Minerals (VSE) has begun detailed sampling for gold. Abacus can earn a 100% interest in the property from a private compa…


N.W.T. Diamonds — BHP-Dia Met age-date kimberlites

The age of two Lac de Gras kimberlites has been disclosed by joint-venture partners BHP Minerals Canada and Dia Met Minerals (TSE). The partners were the first to discover potentially economic diamond…


Miners marching

Miners will be marching on Washington, D.C., next month in response to predictions that there will be Congressional mining law activity. The trips are being co-ordinated with the Mineral Resources All…


COMMENTARY — Foreign ownership in Latin America

During the 1990s, control by national governments of mineral resources and operating mines in many Latin America countries will decrease markedly and the percentage owned and controlled by foreign min…






Rea Gold brings new mine to production

Having survived as a junior for more than a decade, Rea Gold (TSE) is establishing itself as an operating company with the ability to construct and manage mines. Headed by James Hogan and a new manage…



Precious metals look for support

After the strong summer bull market, most precious metals have been losing ground as a result of profit-taking by speculators. The question is, after testing the downtrend line, will these metals even…


NEWS ROUNDUP — Soquem drills Douay prospect

The auriferous zone at the Douay property of Northern Abitibi Mining (ASE) in northwestern Quebec has been traced for more than 2,600 ft. along strike. Drilling by Soquem, the Quebec Crown exploration…


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