Serengeti eyes Kenyan property
Vancouver-listed Serengeti Diamonds can earn a half interest in a major greenstone belt in western Kenya. The area comprises 200 sq. km. of licences for the exploration and exploitation of gold, as we…
News
Golden Queen developing Soledad gold project
The permitting process to develop an open-pit, heap-leach mine is under way on the Soledad Mountain property in southern California. Owner Golden Queen Mining (TSE) is confident all permits will be co…
Da Capo tests Bolivian project
Toronto-listed Da Capo Resources is encouraged by initial drill results from the Amayapampa property in Bolivia. The junior can earn up to a 70% interest in the historic gold mine by paying the owner …
Falco drilling Kidd Creek zone
Recent drilling by Falconbridge (TSE) has returned encouraging results from the company’s Kidd Creek No. 3 mine near Timmins, Ont. Four new holes, drilled between the 2,380- and 3,000-metre levels, in…
LETTER TO THE EDITOR — High-grade intercepts at Akie deposit
In your story “Metall expanding Akie discovery” (T.N.M., Oct. 24/94), about drilling by Metall Mining at the zinc-lead massive sulphide deposit of Ecstall Mining in northeastern British Columbia, only…
New `mine games’ exhibition opens
British Columbia’s Science World surpassed its fund-raising goal of $1.5 million for its new “mine games” exhibition, which opened to the public Oct. 22 in Vancouver. The provincial and federal govern…
EDITORIAL PAGE — Pulling up stakes
In Vancouver, one of Canada’s most entrepreneurial companies, Royal Oak Mines, is pulling up stakes and preparing to move its corporate offices across the border to Washington state. British Columbia’…
Pouliot named mines minister in Ontario cabinet shuffle
Ontario’s acting minister of northern development and mines has been appointed to the portfolio on a full-time basis. Gilles Pouliot assumed his new job in a cabinet shuffle by Premier Bob Rae. Poulio…
FACTS & FIGURES — Securing your fax messages
An international mining company was approached recently by an official from a South American country in which it has operations. “What have you done with your faxes?” the official demanded. “We can no…
Funding sought for ROM gallery
The Earth Sciences Gallery project of the Royal Ontario Museum (ROM) is progressing towards its $4.25-million target. By presstime, $1.7 million had been contributed by foundations, individuals and co…
METAL PRICES — FREE MARKET (October 31, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 Copper 2582-2583 2560-2562 2552-2553 2585.5-2586.5 2542-2543 Lead 644.5-645.5 646.5-647.5 650.5-651.5…
Spot prices at a glance (October 31, 1994)
Week’s Price (US) Change Gold* $388.80 – $0.20 Silver* $5.31 – $0.05 Platinum* $420.70 + $3.55 Nickel** $3.26 + $0.19 Lead** $0.30 + $0.01 Copper $1.20 + $0.06 Zinc $0.50 + $0.02 Courtesy of Scotiaban…