News

Cameco plant sets safety record

The Port Hope, Ont., conversion operation belonging to uranium producer Cameco reached a safety milestone on Sept. 2 by recording one year without a lost-time accident. A lost-time injury is one in wh…


Ramrod drilling tests Matthews gold property

Junior Consolidated Ramrod Gold (TSE) has released more results from an ongoing drill program at the Matthews property in the Wenatchee district of eastern Washington state. The company controls prope…




EDITORIAL PAGE — Lively bidding battle

The summer doldrums were kept at bay this year by the lively battle for control of Lac Minerals, launched by Royal Oak Mines in early July. The company recently withdrew from the bidding war, paving t…


NEWS ROUNDUP — Caretech drilling Thunder Lake W.

Results from five holes drilled at the Thunder Lake West project near Dryden, Ont., continue to provide encouragement for Continental Caretech (CDN). Holes TL-88 and TL-89 intersected the down-plunge …


IGR drilling at Bibiani gold project

TSE-listed International Gold Resources has completed the first phase of reverse circulation drilling at the past-producing Bibiani mine in Ghana, West Africa. Seventy-four holes, totaling 29,200 ft.,…


Progress at Tulsequah Chief

Encouraged by results from an exploration program involving both surface and underground work, Redfern Resources (TSE) has accelerated permitting and engineering feasibility studies for its Tulsequah …


Platinum mine for Zimbabwe

Australian mining company Delta Gold and the Zimbabwean government have signed a contract for a new platinum mine that represents the biggest single foreign investment in the country since its indepen…


Cons. Bonanza to acquire gold mine in Mozambique

Alberta-listed Consolidated Bonanza Metals will acquire all of the shares of Mincor Mozambique, which holds a 20-year mining licence in Mozambique. The licence contains the Monarch gold mine, which co…



METAL PRICES — FREE MARKET (September 12, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Sept.6 Sept.5 Sept.2 Sept.1 Aug.31 Copper 2482-2483 N/A 2490-2491 2498-2499 2499-2500 Lead 604.5-604.5 N/A 604.5-605.5 601.5-602.5 589.5…


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