PEOPLE — ECHO BAY (December 20, 1993)
John Azlant elected senior vice-president, corporate development.
Articles by Northern Miner Staff
PEOPLE — GOLD RESERVE (December 20, 1993)
J. Potvin appointed director.
THE DIAMOND PAGE — Dia Met releases more drill and surface
Information-starved investors received additional results from ongoing exploration at the Lac de Gras camp in the Northwest Territories. The joint venture of Dia Met Minerals (TSE) and BHP Minerals re…
STOCK MARKETS — Plenty of action among the juniors
A US$8.75 runup in the price of the yellow metal over the course of the report week pushed the senior gold equities higher once again. Typical of the gold group were American Barrick, up $1.50 to just…
Spot prices at a glance (December 20, 1993)
Week’s Price (US) Change Gold* $385.90 + $8.75 Silver* $ 5.10 + $0.14 Platinum* $385.25 + $8.50 Nickel** $ 2.35 + $0.09 Lead** $ 0.21 + $0.01 Copper $ 0.78 + $0.02 Zinc $ 0.44 – $0.01 Courtesy of Scot…
Toronto Stock Exchange Indices (December 20, 1993)
— Week — Dec 14 Dec 13 Dec 10 Dec 9 Dec 8 High Low Composite”300″ 4244.43 4293.38 4280.30 4290.63 4307.67 4307.70 4243.53 Metals&Minerals 3473.35 3551.97 3497.71 3483.08 3515.57 3557.08 3468.53 Inte…
Financing (December 20, 1993)
Cambior — 5.5 million units @ $20.65. MSV Resources — 4.1 million Cl A shs issuable upon the exercise of special wts @ $2.20 per special wt. Summit Resources — 2,000,000 shs to be issued upon exerc…
Gold Funds (December 20, 1993)
Gold Funds as of Dec. 14 BGR Central Net Value $15.63 $6.40 Price $14.50 $6.750 Premium 5.5% Discount 7.24% Value $87,561,000 $122,170,275…
Cyprus-Northway
About 18.2 million tonnes grading 1.48 grams gold per tonne have been outlined at the Quebec joint venture of Northway Explorations (TSE) and T & H Resources (TSE). The preliminary estimate was record…
Timmginn plans second program
Drilling has identified previously unreported faults on inactive railway land in Timmins, Ont. One of the faults has past production on the adjoining Hollinger ground. The 4-hole program, conducted by…
Rescue workers active at Macassa
A rescue effort continues underground at the Macassa gold mine just west of Kirkland Lake, Ont., where two miners remain trapped following rockburst activity. The two men, identified in news reports a…
Cameco moving research division
The research and development (R & D) division of Saskatchewan uranium producer Cameco will be relocated from Saskatoon to Port Hope, Ont., where the company’s uranium processing plant is situated. The…