Toronto Stock Exchange (March 30, 1992)
Aber Resources President Grenville Thomas and associates Christopher Jennings and Robert Gannicott set out during the week ended March 24 to prove that diamond exploration is more than just the flavor…
News
NEWS ROUNDUP (March 30, 1992)
Rio Algom (TSE) has agreed to option Key Anacon Mines’ (TSE) base metal prospect in northern New Brunswick. Under the agreement, Rio must spend $10 million on exploration over five years in order to e…
Russian sales upset nickel market
Nickel — A rise in Russian exports is having a disquieting effect on global markets. Nickel prices have been consolidating for almost two years, and producer mine closures and other cutbacks in produ…
CAD a handy design tool
When visiting mining operations and mineral exploration offices in North America, one is often struck with the high level of automation of the tasks performed by the draftperson, geologist and mining …
Earth sciences gallery campaign
The Royal Ontario Museum in Toronto is trying to raise $5 million to finance construction of an earth sciences gallery. The museum says it has been about 12 years since it had such a facility, and it …
Cassiar assets attract interest
At least three mining companies have shelled out $100,000 each to investigate the possibility of buying the assets of Cassiar Mining, a former subsidiary of Princeton Mining (TSE) which until recently…
PRODUCER PRICES (March 30, 1992)
ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Mar. 5, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.80-3.00 per lb. (Mar. 5, 1992). CADMI…
Jordex drills nickel deposit
Through its 50% owned Venezuelan subsidiary, Cofeminas, Jordex Resources (VSE) recently started a work program on the Loma Hierro laterite nickel deposit about 50 km southeast of Caracas, Venezuela. C…
Output down, Asamera posts loss for 1991
The Cannon gold mine in Washington state was a steady performer for 51% owner Asamera Minerals (TSE) in 1991, producing a total of 75,325 oz. gold to the company’s account. The mine turned out the bul…
Potential of west-coast deposits attracts Inco
The exploration arm of Inco (TSE) is taking on a greater presence in Western Canada through several recent agreements to joint venture properties considered prospective for volcanogenic massive sulphi…
The GSC: Taking the measure of Canada for 150 years
Created in 1842, the Geological Survey of Canada (GSC) has been the driving force behind the geological mapping of Canada’s nearly 10 million square km of land and freshwater lakes, and more than 6 mi…
Exploration methods have seen great changes in past 25 years
The past twenty-five years have seen substantial changes within the mining industry in terms of geological theories, technical procedures, equipment design, interpretation techniques and data presenta…