EDITORIAL PAGE — Minesite exploration pays off
Grassroots exploration is on the decline in most parts of Canada, and one of the main reasons for this disturbing trend is that companies are not certain they will be able to mine what they find. We a…
News
Lithium may experience greater price competition
Lithium is in a class of its own. While almost every other metal is selling at substantially less than its 1973 price, lithium is doing the opposite. The 1993 price of lithium carbonate (in constant 1…
Golden Star is no stranger to the Guiana Shield
An old hand at exploring the Guiana Shield, Golden Star Resources (TSE) established a presence in 1984 when it began looking for gold in Guyana. It is a veteran explorer in this area of South America …
Whitehorse Mining Initiative hailed a success
The signing of the Whitehorse Mining Initiative (WMI) Leadership Accord is a major achievement that will have a significant impact on Canadian mining practices and policies. That is the consensus of t…
DIAMOND SPECIAL — Prairie diamond hunters intensify
As the persistent pace of diamond exploration in the Northwest Territories testifies, the race for placing the first Canadian diamond mine into production is far from over. Still greater evidence is t…
DIAMOND SPECIAL — Diamonds sought in Ontario, Quebec
Despite recent disappointing results from exploration in the Northwest Territories, companies are quietly continuing to explore other areas of the country. Four areas of note within Ontario and Quebec…
Rich working granite quarry
Acting on a geological technical report of a granite prospect in northeastern Alberta, Rich Capital (VSE) has begun on-site operations and is extracting block stone destined for locations in Canada an…
Romfield options Tudor claims
CDN-listed Romfield Building has opted to acquire four claims in Tudor Twp., 90 km northeast of Peterborough, Ont. The company has staked an additional 22 claims adjacent to those optioned. Romfield w…
THE DIAMOND PAGE — Royalstar completes bulk sampling of
Vancouver-listed Royalstar Resources has completed the first phase of a bulk-sampling program on its Sloan 2 diatreme in the State Line district, within Colorado’s Laramie Cty. A 3,000-tonne bulk samp…
STOCK MARKETS — Strengthening gold sector gives boost to
A strengthening gold sector helped the Toronto Stock Exchange post a modest gain over the 5-day report period ended Sept. 20. The composite 300 index moved up 32.65 points to end the period at 4,376.8…
STOCK MARKETS — Rising gold price adds firmness to western
Western markets managed to gain ground during the report period ended Sept. 20, amid a rising gold price and a general lack of bad news. The Vancouver Stock Exchange composite index added 8.65 points …
PRODUCER PRICES (September 26, 1994)
ALUMINUM: MW U.S. market US75.25-76.25 cents per lb. (Sept. 8, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993…