EDITORIAL PAGE — At last! At last!
We knew (or rather, we hoped) something was afoot when share prices of Canada’s major and minor gold producers started moving up sharply in January. It is a generally accepted investing principle that…
News
Spot prices at a glance (May 24, 1993)
Week’s Price (US) Change Gold* $378.75 + $22.75 Silver* $ 4.74 + $0.51 Platinum* $392.00 + $13.00 Nickel** $ 2.54 – $0.15 Lead** $ 0.18 – $0.01 Copper $ 0.81 – $0.01 Zinc $ 0.44 – $0.02 Courtesy of Sc…
PEOPLE — SAGE RESOURCES
Clayton Dodd, Roger Davey, Rodney Duncan, Irvin Ridd and Maynard Brown appointed directors.
ASE requests new assays
The Alberta Stock Exchange (ASE) is taking several junior companies to task for reporting assay results performed either by a method other than the fire assay technique or by a laboratory not acceptab…
Louvicourt update at CIM meeting
Robert Bryce of Aur Resources (TSE) will discuss the Louvicourt project in northwestern Quebec at a May 28 luncheon of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleu…
OBITUARY — James Bristow
Geologist and British Columbia-based consultant James Bristow died recently at Kamloops, B.C. He was 62. After graduating from the University of British Columbia in 1957 with a degree in geology and p…
Government orders VSE investigation
The former president of the Business Council of British Columbia will have six months to complete a review into the roles and regulatory responsibilities of the Vancouver Stock Exchange (VSE) and the …
Pikes Peak sold
Nerco Minerals is now a discontinued operation of parent Nerco (NYSE), which, earlier this year, announced it was disposing of investment in precious metals. Nerco subsequently sold to Kennecott the N…
PEOPLE — DUAL RESOURCES
David Tremain appointed president.
Second rig moved to DHK ground
Following the release of further encouraging results from the Tli Kwi Cho kimberlite pipe in the Northwest Territories, partners DHK Resources and Kennecott Canada have moved a large-diameter (6-inch)…
Study deems Redfern’s Tulsequah economic
The Tulsequah Chief massive sulphide deposit in northwestern British Columbia has been deemed economic in a pre-feasibility study. Redfern Resources (TSE), which owns the project, hired Tonto Mining t…
Rio Algom posts profits for 33rd consecutive year
Last year marked the 33rd consecutive year of profits and dividends for Rio Algom (TSE). In 1992, the company posted a net profit of $39.4 million on revenues of $1.03 billion. At the annual meeting i…