Garnet is one of the most important indicator minerals used in the search for kimberlites, and the presence of purple Cr-rich pyrope is an almost-certain indication that one is on the right track. Oth…
Murray Pezim appointed director and elected chairman of the board. N5…
One of the founders of Golden Knight Resources (TSE) and promoter of the Casa Berardi gold find, Bruce McDonald, has sold most of his remaining shares of the junior. In its OSC Bulletin, the Ontario S…
Along with gold, the Hope Brook orebody runs about 0.2% copper. Until now the copper was discharged to the tails. However, on her last tour of inspection in early March, President and Chief Executive …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 6 Apr. 5 Apr. 2 Apr. 1 Mar. 31 Copper 1373-1374 1388-1389 1410-1411 1406-1407 1…
Semi-monthly reports as of Mar. 31, showed 61,066,784 shares of 662 issues compared with 67,018,621 shares of 655 issues on Mar. 15. Larger individual positions included: Aber 60,100, down 33,956; Ade…
Sherritt Gordon (TSE) has made a public offering of US$200 million aggregate principal amount of 934% notes due April 1, 2003. The underwriter is Goldman, Sachs & Co. Sherritt will use the proceeds pa…
With more than $7 million in working capital and no debt, Taseko Mines (VSE) is forging ahead with development of its Fish Lake deposit, southwest of Williams Lake, B.C. At the recent annual meeting i…
A startup at the Colomac gold project in the Northwest Territories is set for the first half of 1994, Royal Oak Mines (TSE) reports. The company hopes to complete a feasibility study by August and sta…
A recent court ruling that Cream Silver Mines (VSE) is not entitled to compensation for the expropriation of its Strathcona Park claims may be appealed to the Supreme Court of Canada. President Frank …
Ontario prospectors found themselves defending the Kirkland Lake diamond play against an onslaught of negative commentary at a recent short course presented by the Prospectors and Developers Associati…
San Andreas Resources (VSE) has updated preliminary reserves at the Prairie Creek project to about 3.2 million tons grading 13.4% lead, 15.6% zinc and 6.2 oz. silver per ton. San Andreas can earn a 60…
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