High-grade massive sulphides were intersected by Minnova (TSE) over a drilled thickness of 10.5 ft. in a recent hole drilled on the Seneca property near Harrison Mills, in southern British Columbia. T…
Richard Schwindt will have until Aug. 21 to finalize a report on resource compensation commissioned earlier this year by British Columbia Attorney General Colin Gabelmann. “Schwindt’s commission has g…
Soquem, the Quebec crown exploration company, has signed an agreement to earn a 50% stake in half the land surfaces covered by Meston Lake Resources’ Chibougamau and Joe Mann properties. Both are owne…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 16 June 15 June 12 June 11 June 10 Copper 1222-1223 1223-1224 1224-1225 1220-12…
The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) organized a research meeting recently on the theme “The future of research in economic geology.” The purpose was to…
The Kangaroo Nugget gold bullion coin of Australia was the top-selling gold coin in the world in 1991. The World Gold Council, an international association of major gold producers, reported that the A…
Robert Swenarchuk, a spokesman for Goldbelt Resources (VSE), said the company expects to complete the acquisition of Comptoir International du Commerce by July 1. Comptoir, a Luxembourg company, has a…
Calgary-based Keylock Resources (ASE) says it has agreed to form a joint venture with Czechoslovakia’s state mining company, Rudne Bane. Under a 50-50 partnership, the two companies will evaluate all …
The average rate of inflation in the developing countries fell to 49.3% in 1991, from 104.7% in 1990, according to data in the April, 1992, issue of the International Monetary Fund’s International Fin…
A 25,000-ft. drilling program recently started on the Jan/Summit claims owned by Newcoast Silver Mines (VSE) and Gibraltar Mines (TSE). Newcoast holds a 30% net profits interest in the claims with Gib…
Frederick Lee appointed president.
Gold producer Echo Bay Mines (TSE) has given notice to the U.S. Securities Exchange Commission of its intention to file a preliminary prospectus for the sale of US$100 million in convertible preferred…
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