News


INSIDER TRADING — Fuda vends Ontex shares

With the promising Brookbank gold project near Beardmore, Ont., still tied up by a property ownership dispute, the president of Ontex Resources (ASE) recently sold some of his interest in the junior. …


Waddy Lake drills at Komis

Waddy Lake Resources (TSE) has announced further drill results from a recently completed program on its Komis deposit near La Ronge, Sask. The 20-hole program was designed to confirm and expand minera…


Glencairn purchases western property

Toronto-based junior Glencairn Exploration (ASE) has purchased a 100% interest in a 60-claim base metal property near Cranbrook, B.C. The claims are three kilometres southwest of a property where Cons…


Placer Dome names new CEO

After a far-reaching search, Placer Dome (TSE) appointed John Willson as president and chief executive officer to replace Anthony Petrina who resigned from both positions in mid-September of this year…


PRODUCER PRICES (November 30, 1992)

ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 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…


Spot prices at a glance (November 30, 1992)

Week’s Price (US) Change Gold* $334.75 – $0.65 Silver* $ 3.76 – $0.01 Platinum* $356.25 + $2.75 Nickel** $ 2.47 + $0.04 Lead** $ 0.21 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.48 + $0.01 Courtesy of Scotiaba…


Soquem emphasis on Chibougamau area

A slowdown in mining exploration coupled with recent mine closures in the Chapais-Chibougamau region has forced the Quebec government’s mining exploration company Soquem to revise its exploration stra…





VSM, Serem plan major underground program for Grevet

An underground exploration program at the Grevet zinc project in northwestern Quebec is planned by VSM Exploration (ME) and Serem-Quebec. An agreement-in-principle has been reached by the two companie…


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