A numbered Ontario company, which is a subsidiary of Laurasia Resources (TSE), has an option to earn a 50% interest in two mineral properties in Portugal from Empresa Mineira da Serra do Cercal S.A., …
Mining was flat in the 1950s. Longyear drillers and designers had accumulated more than 50 years of experience drilling in remote locations through a variety of bewildering geological formations. The …
It is a double-edged sword that now hangs over the Canadian diamond drilling industry. By working hard, we have earned a worldwide reputation for high standards and efficient production. However, this…
The letter “Time to start fighting back” from Michael Leahy (T.N.M., Apr. 19/93) contains misplaced criticism of the Whitehorse Mining Initiative. One can understand and sympathize with Leahy’s frustr…
The first-aid team from the Dome gold mine of Placer Dome in Timmins, Ont., has won the annual McCrea First-Aid Competition sponsored by the Mines Accident Prevention Association of Ontario (MAPAO). T…
Gold continued to rally during the week ended May 18, adding US$15 to US$375.25 per oz. in New York and pushing the Toronto Stock Exchange’s gold and silver index up 6.6% to a new 52-week high of 8717…
The Vancouver Stock Exchange was back in the news again as provincial government officials ordered an independent review of the Exchange and the securities commission. The government believes the VSE …
A reactivated Skyline Gold (TSE) has arranged financing to cover $720,000 of exploration programs for 1993. The programs, to be financed by the private placement, are in addition to a $250,000 program…
The association and the diamond drilling industry have weathered another trying year. In 1992, the association saw a general 17% drop in membership over 1991. Already, this year has begun to show a ma…
Final assay results from winter drilling on the Fer polymetallic property near Flin Flon, Man., have been released by owner Canmine Resources (CDN). During the program, 18 holes were drilled to an ave…
Week’s Price (US) Change Gold* $378.75 + $22.75 Silver* $ 4.74 + $0.51 Platinum* $392.00 + $13.00 Nickel** $ 2.54 – $0.15 Lead** $ 0.18 – $0.01 Copper $ 0.81 – $0.01 Zinc $ 0.44 – $0.02 Courtesy of Sc…
Clive Brookes, Sean O’Neill and Alan Rothenbush appointed directors.
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