Royal Oak takes tough stand on Giant strike
Recently Royal Oak Mines (TSE) mobilized a team of contract miners to replace striking workers at its Giant mine near Yellowknife, N.W.T. — an unusual move in the industry. As might be expected, the …
News
Golden Band options Farley
A recently signed option deal with Mingold Resources gives Golden Band Resources (VSE) the right to acquire Mingold’s 44.83% interest in the Farley Lake gold property east of Lynn Lake, Man. The proje…
Equity resumes work at Louis Lake
Drilling is expected to resume shortly at the Louis Lake copper-gold porphyry project, 35 km northwest of Smithers, B.C. Equity Silver Mines (TSE) is earning a 70% interest in the project from owner N…
U.S. REPORT (June 01, 1992)
Reserves at the Imperial County project in southeastern California received a significant boost upon completion of a preliminary feasibility study on the Indian Rose and Ocotillo deposits. The project…
Experts compare Dia Met with South African mines
Without waiting for a detailed examination of diamonds found by Dia Met Minerals (VSE) and BHP-Utah Mines on their Lac de Gras property, analysts are already comparing the grades with gem stones mined…
U.S. REOPORT
Startup operations are expected to begin soon aimed at bringing the Formosa-Silver Butte zinc-copper mine near Riddle, Ore., back into full production this summer. Operator Formosa Resources (VSE) bro…
Aber share volume heavy as staking activity continues
Diamonds proved to be a mining investor’s best friend during the week ended May 26 as a number of issues responded to the latest developments in the Lac de Gras, N.W.T., area. Since partners Dia Met M…
Gwen finds pipe on open pit wall
Gwen Resources (ASE) says it has discovered a kimberlite pipe on the side wall of its New Buffonta open pit in the Harker-Holloway camp east of Matheson, Ont. The pipe has been exposed to a depth of 9…
Latest results confirm chance of boosting Izok Lake tonnage (May 25, 1992)
Recent drilling at Izok Lake, 130 km north of Yellowknife, N.W.T., makes the copper-zinc deposit “on the borderline” of being economically viable, says Minnova (TSE) President David Watkins. About 8,0…
Gold seminar in Venezuela (May 25, 1992)
A seminar on gold mining will take place June 25 in the industrial city of Puerto Ordaz, Venezuela. Organizer of the seminar is the Canadian embassy in that country, in collaboration with the Guyana D…
LETTERS TO THE EDITOR (May 25, 1992)
It is with regret that I learn that the Ontario government under Bob Rae’s leadership will not support the mining industry, and in fact will ignore the industry completely as you editorialized in “Rae…
PRODUCER PRICES (May 25, 1992)
ALUMINUM: MW U.S. market US59.75-60.50 cents per lb. (May. 7, 1992). ANTIMONY: New York dealer US80-83 cents per lb. (Apr. 30, 1992). BISMUTH: New York dealer US$2.45-2.65 per lb. (May 7, 1992). CADMI…