Shadow Mountain program planned
A reverse circulation drill program will test several gold targets on the Shadow Mountain property in California’s San Bernardino district, including an area where a 1938 hole is reported to have inte…
News
Mahogany, N. Lily acquire claims
A formal agreement to acquire 29 unpatented mining claims in Humboldt Cty., Nev., was recently signed by partners International Mahogany (TSE) and North Lily Mines (NASDAQ). The companies will purchas…
LATIN AMERICA ROUNDUP — Free trade agreement for all?
While Canada, Mexico and the U.S. work at a North American Free Trade Agreement (NAFTA), a U.S. official says it is possible other Latin American nations could be included in the pact. Trade represent…
Small mines emerging from Mishibishu area
After battling skeptics and fickle financial markets for more than eight years, Monk Gold Resources (ASE) may finally realize its dream of becoming a small-scale gold producer. The company recently no…
WAMIC’s gala
To raise funds this year, the Women’s Association of the Mining Industry of Canada (WAMIC) in Toronto will host “Las Vegas Night” Nov. 6 at the Granite Club, 2350 Bayview Avenue. Participants can win …
Diamond issues are active but market indices decline
Companies with ground positions in the Lac de Gras region of the Northwest Territories or active in diamond exploration elsewhere took top spots on western markets during the report period ended noon,…
Spot prices at a glance (September 07, 1992)
Week’s Price (US) Change Gold* $340.40 + $0.05 Silver* $ 3.72 + $0.07 Platinum* $355.50 + $6.00 Nickel** $ 3.25 – $0.05 Lead** $ 0.29 – $0.01 Copper $ 1.13 – $0.01 Zinc $ 0.64 + $0.01 Courtesy of Scot…
DIAMOND GEMS — A collection of unconfirmed reports
. . . Monopros, the Canadian arm of De Beers, has moved a drill rig onto its diamond claims near Hardy Lake, N.W.T. The cash-rich explorer is expected to follow up results of soil samples that fill, o…
METAL PRICES — FREE MARKET (September 07, 1992)
341.70(342.65) NA 340.00(340.50) 339.00(338.75) 338.50(340.35) Gold … Bank of Nova Scotia, noon bid/ask $US per oz. 340.50-344.00 341.50-345.00 338.00-341.50 337.00-340.50 337.00-340.50 Silver … L…
MINER DETAILS — Cold water on diamond fever
Diamonds being “the only game in town,” Vancouver brokers turned out in droves for a recent presentation on diamond exploration in North America, featuring talks by Christopher Jennings and others act…
Ontario appoints lands commissioner
Appointed Ontario’s new mining and lands commissioner in August was Linda Kamerman. The commissioner performs both administrative and judicial duties under the Mining Act. Kamerman’s job also entails …
FINANCING (September 07, 1992)
Sundance Res. Ltd. – 2,200,000 shs with 200,000 guaranteed (initial shs) @ 23 cents per sh and 2,000,000 shs on a Best Efforts basis (“remaining shs”) @ prevailing market price subject to a minimum of…