News

NEWS ROUNDUP — Jarvis completes production trials

Vancouver-listed Jarvis Resources has completed production trials at its natural marble processing plant near Sudbury, Ont. The high-capacity automated processing lines, imported from Europe and insta…



LETTERS TO THE EDITOR — Editor’s Note:

Investment newsletter writer Paul Sarnoff in his July 7 issue criticized Canadian diamond exploration. Clearly not a believer, Sarnoff said, among other things, it would be 100 years before a diamond …


EDITORIAL PAGE — This site condemned

Ontario’s Workers’ Compensation Board (WCB) is in the midst of erecting a $178-million Taj Mahal in downtown Toronto. At first blush, this might seem a bit odd. For it was the WCB that, only a few mon…


Losses mounting for Princeton

Red ink at the Similco Mines division continues to stain Princeton Mining (TSE), which lost $5.3 million in the second quarter ended June 30. Drooping copper prices and operational problems at its Sim…



Repadre to list on Toronto exchange

Toronto-based Repadre Capital (VSE) has been granted conditional approval for a listing on the Toronto Stock Exchange. In other news, Repadre has received more than $250,000 in royalty payments from p…


PRODUCER PRICES (August 02, 1993)

ALUMINUM: MW U.S. market US55.50-56.50 cents per lb. (July 22, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…


THE DIAMOND PAGE — Wheaton options Ketza to Hemlo

Junior gold producer Wheaton River Minerals (TSE) has optioned a portion of its Ketza River mine near Ross River, Y.T., to Hemlo Gold Mines (TSE). Hemlo, which will be the operator, can earn a 60% int…


METAL PRICES — FREE MARKET (August 02, 1993)

London Metal Exchange Spot closing prices in $US per tonne (copper and lead are no longer reported in pounds sterling per tonne) Date July 27 July 26 July 23 July 22 July 21 Copper 1949-1959 1925-1926…




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