News

USMX receives reclamation award

The 1992 Nevada Excellence in Mining Reclamation Award was presented recently to USMX at the Nevada Mining Association’s annual meeting. The award is jointly sponsored by Nevada, the U.S. Bureau of La…


GOLD FUNDS (November 09, 1992)

Gold Funds as of Nov. 3 BGR Central Net Value $8.05 $5.09 Price $6.75 $4.80 Discount 16.13% 5.7% Value $46,963,000 $80,756,640…


TORONTO STOCK EXCHANGE INDICES (November 09, 1992)

Nov.3 Nov.2 Oct.30 Oct.29 Oct.28 High Low Composite”300″3361.64 3379.04 3336.12 3336.01 3334.71 4009.47 3009.91 Metals&Minerals 2780.62 2794.69 2772.11 2753.63 2745.96 3453.06 2502.63 Integrated Mines…


PRODUCER PRICES (November 09, 1992)

ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Oct. 29, 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, 199…


Dundee-Palliser, North Amer. sell Vezza interests to

Toronto-based juniors Dundee-Palliser Resources (TSE) and North American Rare Metals (ME) have sold their jointly owned interests in the Vezza gold project in northwestern Quebec to Agnico-Eagle Mines…


More zones uncovered at Sulphurets

At least 16 new zones requiring follow-up exploration were identified by Newhawk Gold Mines (TSE) during this year’s surface exploration program on the Bruceside project at the Sulphurets property in …


Minnova options prospects in Coronation Gulf area

A recent option agreement with Continental Pacific Resources (VSE) sets the stage for Minnova (TSE) to acquire a 60% interest in two polymetallic mineral properties in the Coronation Gulf area of the …


Royal Oak halts ERG negotiations

Negotiations have been terminated and will not be resumed regarding the purchase of the processing facility of ERG Resources Inc. in Timmins, Ont., Royal Oak Mines (TSE) reported. Royal Oak said it wa…




Indicator minerals aid in search for diamonds

(Second of a 3-part series) Using surface geochemical sampling, Dia Met Minerals (VSE) followed a 700-km-long trail of indicator minerals for five years in the Northwest Territories until it made the …


Flag drilling

Calgary-based Flag Resources (ASE) is drilling a “large geological structure” on the southern boundary of the Wanapitei anomaly in Rathburn Twp., near Sudbury, Ont. Flag also plans to drill a 5,000-ft…


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