News

Acabit makes deal with Western Quebec

Ten claims in Fiedmont and Courville Twps., about 35 km north of Val d’Or, Que., are being sold by Exploration Acabit (ME) to Western Quebec Mines (TSE). Western will explore the Mckenzie Break gold p…


LATIN AMERICA SPECIAL — Chile offers mine-friendly

The list of mining companies with advanced projects in Chile is extensive, and featured prominently are Canadian companies ranging from a “who’s who” of senior producers to fledgling juniors. Besides …




COMMENTARY — Gold is not just a commodity

For the first time this century, investors are openly challenging the monetary value of gold. Many have proclaimed that gold is just another commodity, void of any real currency value, and therefore i…


Canmine drilling hits sulphides

A drill hole on Canmine Resources’ (CDN) Fer property, northeast of Flin Flon, Man., has intersected base metal mineralization. The hole was drilled to test a newly delineated gravity anomaly. Hole Fe…


Diamond-staking news draws crowd in oil territory

The diamond-staking rush in Alberta and northern Canada continues to draw crowds, as shown by strong attendance at a recent conference here in the oil and gas heartland. The Calgary Mineral Exploratio…


Horne smelter explosion under investigation

Operations at Noranda’s (TSE) Horne smelter in Rouyn-Noranda, Que., were halted for a few days in early March following an explosion in a concentrate bin that feeds the smelter furnace. The smelter, w…



Spot prices at a glance (March 15, 1993)

Week’s Price (US) Change Gold* $326.50 $3.05 Silver* $ 3.57 $0.01 Platinum* $345.00 + $2.50 Nickel** $ 2.72 + $0.04 Lead** $ 0.19 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.45 $0.01 Courtesy of Scotiabank. In…


Orvana hits high-grade values

A recent trenching program on Orvana Minerals’ (TSE) Central Inlier property in Jamaica has encountered high-grade gold mineralization. A series of trenches was excavated along a strike length of 120 …


FINANCING (March 15, 1993)

Mountain Province Mining — 1,250,000 units @ 66 cents per unit where each unit consists of 1 sh and 1 two year Series G sh purchase wts. 2 Series G wts to purchase 1 sh.


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