PEOPLE — GOLDEN HEMLOCK EXPL.
Glen MacDonald appointed president and director.
News
PEOPLE — PMA RESOURCES (April 19, 1993)
Michael Cassidy appointed president; Arthur Wigmore appointed director.
PEOPLE — AGATE BAY RESOURCES
Jack Marr and Randy Turner appointed directors.
Mongolia welcomes foreign mining investment
After 72 years of Russian domination, Mongolia has turned to a market economy and is seeking foreign investment to revive its mining industry. Mongolian Mines Minister Dorjiin Tsogbaatar and his econo…
PEOPLE — WEST PRIDE INDUSTRIES
Donald Archibald appointed president and director; Dalton Dupasquier and Wayne Morgan appointed directors.
More about diamonds (April 19, 1993)
Canadian companies are busy exploring for diamonds across the country: Northwest Territories A 950-line-kilometre survey will get under way in mid-April on the Hackett River property owned 54% by Comi…
Adex placement
Adex Mining (TSE) says it will sell two million units at 49 cents per unit to Cabot Resources (VSE). Each unit consists of one common share and one non-transferable share purchase warrant exercisable …
Spot prices at a glance (April 19, 1993)
Price (US) Week’s Change Gold* $337.55 + $0.40 Silver* $ 3.90 + $0.11 Platinum* $362.00 + $1.40 Nickel** $ 2.70 – $0.03 Lead** $ 0.19 $0.00 Copper $ 0.90 – $0.02 Zinc $ 0.47 + $0.02 Courtesy of Scotia…
Moneta drilling intersects base metals near Timmins
A recent drill hole by Moneta Porcupine Mines (TSE) on its Godfrey Twp. property near Timmins, Ont., has returned three metres of 10% zinc at a vertical depth of 107 metres. The hole was drilled to fo…
LETTERS TO THE EDITOR: Time to start fighting back
Your remarks in the editorial “Hug a miner”(T.N.M., Apr. 5/93) pertaining to the Whitehorse Initiative struck me as being a direct quote from my comment to the president of the Prospectors and Develop…
Diamond Fields springs to life
A new company with connections to Vancouver promoter Robert Friedland has been formed to acquire diamond properties around the globe. Diamond Fields Resources (VSE), formerly Rutherford Ventures, rece…
Dia Met ready to process samples
Diamond explorer Dia Met Minerals (TSE) will begin processing kimberlite samples stockpiled at its pilot plant in Colorado soon, says president Jim Eccott. Since the material must be thawed completely…