Aber drilling copper-zinc prospect
Drilling is under way on the High Lake base metal project in the Northwest Territories following an option agreement between Kennnecott Canada and Aber Resources (TSE). At a recent annual meeting, Abe…
News
FINANCING (June 29, 1992)
International Brace Res Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 54 cents per unit. DRT Res. Ltd. – 1,000,000 shs offered @ 16 cents per sh. Vananda Gold Ltd – 300,000 shs offered @…
Strike continues at Giant mine
Management of Royal Oak Mines (TSE) is showing no signs of backing away from the use of replacement workers to continue production at its Giant gold mine near Yellowknife, N.W.T. President Margaret Wi…
Spot prices at a glance (June 29, 1992)
Week’s Price (US) Change Gold* $344.00 + $1.90 Silver* $ 4.04 – $0.07 Platinum* $366.60 – $2.65 Nickel** $ 3.23 – $0.01 Lead** $ 0.25 $0.00 Copper $ 1.06 + $0.02 Zinc $ 0.59 $0.00 Courtesy of Scotiaba…
Struggling junior gets a break– High grade lifts St Andrew
Management and 105 employees at St Andrew Goldfields (TSE) have seen their fair share of setbacks since the Stock Twp. gold mine was brought into production in July, 1989. But after finding some unexp…
Claim against Ontario Hydro key to survival for Denison
While certainly not out of the woods yet, Denison Mines (TSE) isn’t looking like quite the basket case it was when hard-driving Bill James took over its reins. This former Cinderella stock that enjoye…
Dwindling supply of diamonds spurs exploration
De Beers, which markets more than 80% of the world’s rough gem diamonds, says the supply of quality stones could be exhausted by the end of the century if the demand for gemstones maintains its histor…
The size of a pop can’s pull-tab and worth about US$3
The ancient Greeks called diamonds “splinters of the stars.” That was before Hollywood became the home of stars but, nevertheless, there is a connection. Both kinds of stars have an affinity for one a…
TORONTO STOCK EXCHANGE INDICES (June 29, 1992)
June 23 June 22 June 19 June 18 June 17 High Low Composite”300″3343.02 3340.66 3350.89 3357.17 3368.19 4009.47 3009.91 Metals&Minerals 3095.19 3095.46 3101.27 3068.12 3125.80 3453.06 2502.63 Integrate…
GOLD FUNDS (June 29, 1992)
BGR Central Net Value $8.15 $5.09 Price $6.75 $4.65 Discount 17.14% 8.60% Value $48,503,000 $78,232,995…
Program planned near Kerr deposit
Since taking control of Kenrich Mining (VSE) and Ambergate Explorations (VSE), Ken Trociuk has spent considerable time and money ensuring the two juniors have clear and undisputed title to their geolo…
Gasser looks to Taylor Twp.
Recent encouragement at the Stock Twp. gold mine near Timmins, Ont., has persuaded St Andrew Goldfields (TSE) to look at the possibility of doing more drilling on its adjacent Taylor Twp. claims. Alth…