News



New reserves for Douay zone

Following winter drilling on its Douay property near Joutel, Que., Societe d’Exploration Miniere Vior (ME) has updated its reserves for Zone 531. Using a cutoff of 0.09 oz. gold per ton, a firm of ind…



GOLD FUNDS (March 29, 1993)

BGR Central Net Value $9.02 $4.93 Price $7.63 $4.55 Discount 15.47% 7.7% Value $50,524,000 $76,550,565…


TORONTO STOCK EXCHANGE INDICES (March 29, 1993)

Mar.23 Mar.22 Mar.19 Mar.18 Mar.17 High Low Composite”300″3598.73 3583.74 3576.99 3559.29 3540.99 4009.47 3009.91 Metals&Minerals 2958.58 2966.92 2906.74 2898.06 2879.69 3453.06 2502.63 Integrated Min…


Lac de Gras diamond venture no pipe dream

The pace of exploration may seem deliberate, yet every day, slowly but surely, BHP Minerals Canada and Dia Met Minerals (TSE) are one step closer to a production decision. The goal, Canada’s first dia…


MSV, workers in tune at Chibougamau operation

The Copper Rand and Portage mines here were officially opened recently under the ownership of MSV Resources (ME) at a ceremony attended by business and government representatives. “This is a big day f…


NEWS IN BRIEF (March 29, 1993)

Vortex Energy & Minerals (VSE) has filed a preliminary prospectus for an offering of 1.5 million units worth 30 cents per unit. Each unit consists of one share and one warrant to buy one share exercis…


McKnight visits the United Kingdom

Federal Mines Minister William McKnight recently visited the United Kingdom to attract international investors to Canada. Activities included meeting chief executives from energy and mining companies …


`Corridor’ yields two more pipes

The discovery of two new kimberlite pipes in the Northwest Territories lends credence to the theory that a major north-northwesterly trend dubbed the “corridor of hope” is associated with kimberlitic …


PRODUCER PRICES (March 29, 1993)

ALUMINUM: MW U.S. market US53-54 cents per lb. (Mar. 11, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…


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