News

NEWS ROUNDUP — Jarvis options Sudbury marble bet

Sudbury, Ont.-based Jarvis Resources (VSE) has optioned four separate claims in Grigg and Scadding twps., raising to 19 its claim units in the area. Former work on the properties has identified units …



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…


NEWS ROUNDUP — Cambior, Audrey in loan agreement

The parent company of Audrey Resources (TSE) has agreed in principle to provide Audrey with a loan facility worth up to $17 million. The loan from Cambior (TSE) will allow Audrey, which is developing …


METAL PRICES (September 13, 1993)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne Date Sept. 7 Sept. 6 Sept. 3 Sept. 2 Sept. 1 Copper 2011-2012 2006-2008 1994-1995 1986-1988 1970-1972 Lead 385-386 383.5-384.5 37…


Spot prices at a glance (September 13, 1993)

Price (US) Week’s Change Gold* $352.25 $19.55 Silver* $4.26 $0.57 Platinum* $356.50 $25.00 Nickel** $2.03 $0.02 Lead** $0.18 + $0.01 Copper $0.90 + $0.01 Zinc $0.40 + $0.01 Courtesy of Scotiabank. Inf…



TSE introduces new index

On Oct. 1, the Toronto Stock Exchange will introduce a new benchmark of Canadian market performance — the TSE 100 Index. According to the TSE, the 100 Index is intended mainly to enable institutional…


NEWS ROUNDUP — Bre-X acquires Indonesian ground

In what it calls “the premier unexplored area of the world,” Bre-X Minerals (ASE) has acquired a third exploration property. A deal has been signed with Bre-X’s Indonesian partner to acquire an 80% in…


NEWS ROUNDUP — Geological report on Stewart camp

The British Columbia Geological Survey has released a report on the historic Stewart gold-silver camp in the northwest. The 105-page report describes the geology and mineral occurrences in a 750-sq.-k…


McGill schedules seminar program

Montreal’s McGill University will be offering its 28th annual professional development seminar program on various aspects of mineral engineering and mineral economics beginning in November. The staff …


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