Gold producer Placer Dome (TSE) is paying $5 million cash for Homestake Canada’s 25% interest in the Musselwhite gold property, 80 miles north of Pickle Lake, Ont. Homestake will retain a 5% net proce…
Mining promoter Murray Pezim isn’t off the hook yet. The Supreme Court of Canada will hear an appeal in which the British Columbia Securities Commission will try to overturn a lower court ruling which…
A course on the exploration of convergent plate margins (CPMs) is to be held at Queen’s University on June 2-4. The course, a follow-up to last year’s workshop on giant ore deposits, is being held on …
From a recent edition of the Northwest Mining Association’s Bulletin: Today’s mining companies aren’t just planning for the new world of minerals. They’re also anticipating how that world will affect …
Toronto consulting firm Watts, Griffis & McOuat and its Russian partner, Almazy Rossia-Sakha, will tour the Russian diamond region of Sakha (formerly Yakutia) from May 23 to June 2. Seminars, case stu…
Ontario Hydro Chairman Maurice Strong, who recently announced a major overhaul of the provincial utility, will speak at the April 29 luncheon of the Toronto branch of the Canadian Institute of Mining,…
A surface pulse electromagnetic (EM) survey is under way on Challenger Minerals’ (TSE) Marshall Lake base metal property, 160 miles northeast of Thunder Bay, Ont. The survey is searching for the down-…
About the time Rhonda Mining (ASE) resumed drilling in the Fort a la Corne diamond area of Saskatchewan, Chairman John Alston raised his stake in the junior by 35%. According to the Ontario Securities…
The Vancouver Stock Exchange resource and composite indices slowed their advances during the week ended March 16, 1993. Since the start of the year, the resource index has gained more than 25% at its …
Week’s Price (US) Change Gold* $328.65 + $2.15 Silver* $ 3.66 + $0.09 Platinum* $348.45 + $3.45 Nickel** $ 2.68 – $0.04 Lead** $ 0.18 – $0.01 Copper $ 0.98 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…
Gold Funds as of Mar. 16 BGR Central Net Value $8.84 $4.87 Price $6.88 $4.50 Discount 22.25% 7.6% Value $48,528,000 $75,709,350…
ALUMINUM: MW U.S. market US54-55 cents per lb. (Mar. 4, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…
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