Granada bulk sample encouraging
Montreal-based juniors KWG Resources (ME) and SEG Exploration (ME) have announced that initial processing of a 20,000-ton bulk sample from their jointly owned Granada gold property near Val d’Or, Que….
News
Skyline reviews funding options
After winding down exploration efforts at its claims in the Iskut River area of northwestern British Columbia this past summer, Skyline Gold (TSE) is reviewing its exploration and financing options fo…
Summer drilling work increases Williams Creek copper
As a result of this summer’s drilling on the Williams Creek copper-oxide deposit near Carmacks, Yukon, partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) have upped preliminary reser…
METAL PRICES — FREE MARKET (December 14, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 8 Dec. 7 Dec. 4 Dec. 3 Dec. 2 Copper 1383-1385 1390-1391 1400-1401 1386-1387 14…
More drilling for Glimmer property
Due to lower than anticipated drill costs, two additional holes will be drilled on the Glimmer Resources’ (TSE) Hislop-Beatty gold property in northeastern Ontario. The new holes will be drilled to fu…
Agreement focuses on the environment
Montreal-based St. Genevieve Resources (TSE) is joining forces with the Institut national de la recherche scientifique on the environmental front. The pair will focus on environmental problems related…
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…
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…