News

OPINION — Explore smarter, not necessarily deeper

I recently attended a conference and workshop in Toronto hosted by the Centre for Resource Studies, which is a research institute affiliated with Queen’s University in Kingston, Ont. One of the worksh…


PRODUCER PRICES (December 21, 1992)

ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…


EDITORIAL PAGE — The future of mining

Whether or not the mining industry in Canada is in decline, maturing, or tired and recuperating after the ebullient times of the past decade remains a subject for debate. That mining is still an impor…



Freewest to drill Matagami area gold property

Montreal junior Freewest Resources (ME) has started drilling on Golden Tag Resources’ (VSE) Verneuil township gold property southeast of Matagami, Que. The Verneuil property is owned 60% by Golden Tag…


Acadia moving office to U.S.

The depressed state of the mineral exploration business in Canada is pushing Acadia Mineral Ventures (TSE) south of the border. The junior, owned 55.5% by Hecla Mining Co. of Canada, says it has decid…


GOLD FUNDS (December 21, 1992)

Gold Funds as of Dec. 15 BGR Central Net Value $7.95 $5.10 Price $6.25 $4.55 Discount 21.41% 10.8% Value $45,514,000 $76,550,565…


Princeton plans Mexican acquisition

A proposed merger with Chutine Resources (VSE) in concert with an agreement with Mexican interests is expected to give Princeton Mining (TSE) a 100% interest in a private Mexican company. The private …


Tri Origin extends Lewis Ponds zone

Toronto-based Tri Origin Exploration (TSE) has intersected a 23-metre interval of massive and disseminated sulphides on its Lewis Ponds project in Australia. Hole TLPD-6, designed to test the depth po…


LATIN AMERICA — Venezuela attracts gold explorers

Despite two failed coup attempts in recent months, Venezuela is continuing to attract attention from mining companies keenly interested in the South American country’s undeveloped mineral potential. T…


New mineral agreement for Quebec

A newly negotiated Canada-Quebec Agreement on Mineral Development will pump $100 million into Quebec’s mining industry during the next five years. Ottawa and Quebec will each put up half of that total…


Anglo American, Jordex talking

Talks took place recently between Jordex Resources (TSE) and Anglo American of South Africa regarding the latter’s offer to acquire a majority interest and control of the Loma de Hierro nickel laterit…


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