A number of new drill targets were identified during a recently completed exploration program by Athabaska Gold Resources (TSE) on its Nicholas Lake project, 57 miles north of Yellowknife, N.W.T. The …
Australian conglomerate The Broken Hill Proprietary Co., with interests in mining, oil and gas and steel production, is looking to grow internationally. “We actively seek to expand our overseas invest…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 19 Nov 18 Nov 15 Nov 14 Nov 13 Copper 1311-1312 1326-1327 1357-1358 1341-1342 13…
Recent drilling on the Grevet zinc project in northwestern Quebec has intersected two new zinc-bearing horizons north of the Orphee zone. Although the mineralization is not economical, partners VSM Ex…
A public offering worth $113 million is planned by American Barrick Resources (TSE). The offering of four million common shares was announced on a “bought basis” at $28.25 per share. The shares will b…
Semi-monthly reports as of October 31, showed 19,829,016 shares of 582 issues compared with 21,518,619 shares of 580 issues on October 15. Larger individual positions included: Amax Gold 70,600, down …
Worldwide nickel consumption in balance with production until the late 1990s and annual growth in consumption at a galloping 3.4% after that (at least until 2005.) These were the projections of nickel…
Canadian gold producers were recently issued a new set of accounting guidelines that requires them to change the way they account for gold loans in their financial statements. Effective, Nov. 20, the …
BGR Central Net Value $8.22 $4.95 Price $7.50 $4.450 Discount 8.75% 10.1% Value $48,936,000 $74,868,135…
Noted consulting engineer Arthur Stewart Bayne died earlier this month. He was 81. Born in England, Bayne graduated from Queen’s University in Kingston, Ont., with a degree in mining and metallurgy an…
Your story “Gays River mine, mill up for sale” (T.N.M., Nov. 4/91) quotes a minable reserve for the Westminer Canada project of 570,000 tons grading 8.4% zinc and 5.1% lead. This tonnage was the minab…
Investors added 50 cents to Biron Bay Resources after the company annouanced results from its Summit project in the Steeple Rock mining district of New Mexico. Closing at $1.10 for the week ended Nov….
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