PEOPLE — SUBLOO INT’L
Richard Zee appointed director and vice-president of finance.
News
GeoNova explores Quebec plays
Montreal-listed junior GeoNova Explorations is exploring properties in the Lebel-sur-Quevillon and Eastmain areas of Quebec. In the Quevillon area, three properties, known as the Gander, Baptiste Rive…
Historical gold belt — El Callao region attracts interest
While it may not be as heavily promoted as the Kilometre 88 region, Venezuela’s El Callao region, 125 km to the northwest, has attracted its share of exploration companies. This should come as no surp…
DIAMOND SPECIAL — Early history of Point Lake kimberlite
The history of the Point Lake discovery — a diamondiferous kimberlite, by Dia Met Minerals (TSE) and joint-venture partner BHP Minerals in the fall of 1991 — began with the exploration for indicator…
Nebex draws up plans to drill five properties
Alberta-listed Nebex Resources plans to carry out drilling on three gold properties in Yellowknife, N.W.T., and on two gold and base metal properties in New Brunswick. Near Yellowknife, Lac Minerals (…
Hol-Lac drills Carissa gold mine in Wyoming
Results are in hand for three holes drilled by Hol-Lac Gold Mines (CDN) on its Carissa gold mine property in South Pass City, Wyo. Hole 94-1, drilled below the fifth level at the mine to a depth of 66…
Metal Prices (September 26, 1994)
London Metal Exchange Spot closing prices in $US per tonne…
Haddington exploring near Timmins
Vancouver-listed Haddington Resources (VSE) intends to carry out a private placement of 500,000 units with Prime Equities International (VSE). Each unit, priced at 60 cents, will consist of one Haddin…
PRODUCER PRICES (September 26, 1994)
ALUMINUM: MW U.S. market US75.25-76.25 cents per lb. (Sept. 8, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993…
Spot prices at a glance (September 26, 1994)
Week’s Price (US) Change Gold* $394.80 + $4.40 Silver* $ 5.67 + $0.21 Platinum* $420.00 + $3.25 Nickel** $ 2.92 – $0.02 Lead** $ 0.28 $0.00 Copper $ 1.14 + $0.01 Zinc $ 0.45 + $0.01 Courtesy of Scotia…
Gold Funds (September 26, 1994)
BGR Central Net Value $17.84 $6.76 Price $15.88 $7.25 Premium 7.2 Discount 11.03% Value $144,975,000 $131,219,925…
Ivan mine operating in Chile
Toronto-based Minera Rayrock (TSE) is the latest Canadian company to produce copper in Chile. The Ivan mine, 40 km northeast of Antofagasta, is operating at about 50% capacity and is expected to reach…