MSV acquires new properties
Montreal-listed MSV Resources has added to its holdings near Chibougamau, Que., by acquiring the mining concessions and surface equipment of three properties of Meston Resources. The properties — Ced…
News
TSE INDICES (September 06, 1993)
— Week — Aug 31 Aug 30 Aug 27 Aug 26 Aug 25 High Low Composite”300″ 4137.55 4138.76 4133.40 4115.60 4122.92 4144.37 4099.73 Metals&Minerals 3109.19 3120.93 3095.43 3111.50 3139.23 3160.91 3080.06 In…
Spot prices at a glance (September 06, 1993)
Week’s Price (US) Change Gold* $371.80 + $0.05 Silver* $ 4.83 + $0.08 Platinum* $381.50 $5.40 Nickel** $ 2.05 $0.04 Lead** $ 0.17 $0.00 Copper $ 0.89 $0.01 Zinc $ 0.39 $0.01 Courtesy of Scotiabank. In…
Metall announces major growth plan
By acquiring mining and smelting assets, Metall Mining (TSE) plans to establish itself further as a major, integrated copper producer. President Klaus Zeitler says the company is considering acquiring…
Minera plans more drilling at Chilean copper project
Results of a 56-hole program at the Sierra Valenzuela project in northern Chile indicate the presence of extensive copper mineralization with potentially economic grades and dimensions. The core, rota…
METAL PRICES — FREE MARKET (September 06, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 31 Aug. 30 Aug. 27 Aug. 26 Aug. 25 Copper 1970-1973 N/A 1969-1970 1947-1948 1969-1971 Lead 381-383 N/A 388-389 383-384 381-382 Zinc…
LETTERS TO THE EDITOR — Leave diamond hunters, developers in
Having read the editorial “Silence is not golden” (T.N.M., Aug. 16/93) which referred to ongoing diamond exploration, I, as a highly successful mine-making prospector, offer the following advice. Init…
Western to drill Mackenzie Break
Definition drilling is planned by Western Quebec Mines (TSE) on its recently acquired Mackenzie Break gold project 35 km north of Val d’Or, Que. The 10,000-ft. program is aimed at verifying the contin…
NEWS ROUNDUP — Lower costs at Sterling mine
There is bad news and good news from the Sterling mine in Nevada: It produced 6,865 oz. gold during the first six months of the year, short of the 7,508 oz. reported for the same period in 1992. But c…
Bema brings Labyrinth back to life
By transferring to Labyrinth Resources (VSE) its option on properties in Venezuela’s Lo Increible gold belt, parent Bema Gold (TSE) has invigorated the 76%-owned junior. In return for transferring var…
NEWS ROUNDUP — Annabel options Wyoming gold play
Vancouver-listed Annabel Gold Mines (VSE) can earn a half interest in the Carissa property in Wyoming from Hol-Lac Gold Mines (CDN). The property consists of 12 patented lode claims and five patented …
ODDS’N’SODS — Reviving the pioneer spirit of Canada’s early
Mining camps have evolved through the years from single-person tent camps to bunk-house dwellings, from small town sites to the “fly-in/fly-out” operations of today. All systems for sheltering crews p…