Mining’s contribution can’t be overlooked
The “glory days” of mining in Ontario are over, but cooperation between industry and government could foster new growth, says Lars-Eric Johansson, Falconbridge’s chief financial officer. Drawing compa…
News
STOCK MARKETS — Diamond exploration interest sustains
Western markets enjoyed a relatively buoyant month in November, particularly the Vancouver Stock Exchange where all measures of market activity rose along with stock prices. The turnaround can be larg…
TORONTO STOCK EXCHANGE INDICES (December 14, 1992)
Dec.8 Dec.7 Dec.4 Dec.3 Dec.2 High Low Composite”300″3290.86 3293.09 3289.42 3264.91 3265.25 4009.47 3009.91 Metals&Minerals 2803.18 2555.97 2759.39 2747.71 2777.06 3453.06 2502.63 Integrated Mines291…
Noranda intersects new Matagami zone
A surface drilling program by Noranda Exploration, a unit of Noranda (TSE), on its 100% owned Bell Allard South property near Matagami, Que., has intersected a new deep massive sulphide zone. One of t…
Fish Lake reserves estimated to top billion-ton level
With the results from the remaining holes of the drilling program on the Fish Lake property in southcentral British Columbia now in hand, Taseko Mines (VSE) estimates the deposit contains 1.265 billio…
Metal prices return to 1991 lows
The metal and mineral sub-index of Scotiabank’s commodity price index dropped substantially again in October. After improving earlier in the year, most base metals have returned to late 1991 lows. Cop…
Coniagas amalgamation postponed
A special and annual meeting of shareholders of Anglo Dominion Gold Exploration (TSE), The Coniagas Mines (TSE), Garrison Creek Consolidated Mines (CDN) and Quebec Sturgeon River Mines (TSE) to approv…
Canadian Mining Hall of Fame to induct nine
Nine more individuals are to be inducted into The Canadian Mining Hall of Fame on Jan. 11, 1993, says the Hall’s board of directors. They were chosen from a nomination list of 17 candidates. The induc…
Australia holds conference on health, safety
Minesafe International 1993 will be held in Perth, Western Australia, March 21-26. Focus is on occupational health and safety in the minerals industry. The conference is organized by the Chamber of Mi…
STOCK MARKETS — Dia Met touches $55 after release of new
Trading today, Dec. 9, was marked by extreme volatility in the diamond stocks after Dia Met Minerals and partner BHP Minerals Canada released results from nine more diamond-bearing kimberlite pipes on…
Spot prices at a glance (December 14, 1992)
Week’s Price (US) Change Gold* $333.40 – $1.70 Silver* $ 3.71 – $0.05 Platinum* $363.50 + $2.00 Nickel** $ 2.53 $0.00 Lead** $ 0.21 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
Cameco to assess gold prospect in Kirghizstan
A gold deposit in the southeastern, mountainous region of the Republic of Kirghizstan has drawn the attention of Cameco (TSE). The Saskatoon-based company says it signed an agreement with the prime mi…