American firms exploring Greenland properties
The mineral potential of Greenland will be investigated this year by two American mining companies under the terms of their respective agreements with a Greenlandic-Danish company, Nunaoil A/S. Atlas …
News
COMMENTARY — World uranium output and cost figures for Bruce
The “1992 Nuexco Review” presents an overview of global uranium developments: World uranium production (in 1992), which is becoming increasingly well-defined as additional information trickles out of …
EDITORIAL PAGE — B.C.’s B-32 Bomb
The government of British Columbia has officially launched a search-and-destroy mission on all but the most environmentally benign of new mine projects. The lethal instrument is Bill 32, alias the Env…
Metal Prices — FREE MARKET (June 21, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 15 June 14 June 11 June 10 June 9 Copper 1209-1210 1210-1211 1198-1199 1210-121…
Orvana nets $3.4 M, eyes offshore bets
Proceeds of recent private placements will be used by Orvana Minerals (TSE) to fund exploration on projects outside Canada. The junior will raise $3.38 million from one placement to a mutual fund and …
NEWS ROUNDUP — X-Cal begins drilling Pipeline
Drilling has begun on X-Cal Resources’ (TSE) Crippen Canyon claims in the Pipeline gold area of Nevada. Three properties — Crippen Canyon, Mill and Goldspar — will be drill-tested in series, X-Cal r…
Mints join forces
In an unusually co-operative effort among institutions that are essentially competitors, seven of the world’s major mints — Australia, Austria, Canada, Mexico, South Africa, the United Kingdom and th…
ODDS’N’SODS — A history of Windy Craggy (1)
When I (B.W. Downing) was given that “golden opportunity” of working in the mountains in 1974, I departed from the east quite quickly to work for geologist Jim McDougall in Vancouver. From time to tim…
Northern Ontario mining group urges public support of
The following was submitted by the North Superior Mine Managers Group during the Ontario Mining Association’s Mining Week (May 31 to June 6): We speak for the dedicated men and women at our operations…
PEOPLE — NUCORE RESOURCES (June 21, 1993)
Basil Pantages appointed director.
PEOPLE — RANDSBURG GOLD (June 21, 1993)
C. Maddin appointed director.
Battle Mountain offers preferreds
Houston, Tex.-based Battle Mountain Gold (NYSE) has offered two million shares of convertible preferred stock at US$50 per share to raise US$100 million. The preferred stock will pay an annual dividen…