ODDS’N’SODS — The exploration geologist’s dream
Merton Stewart of Red Bank, N.B., is an active, living legend in the Maritime exploration fraternity. I have never met a man who possessed such a keen curiosity and love for minerals, the outdoors and…
News
LAST BUT NOT LEAST — Princeton sells rest of Teranov
TSE-listed Princeton Mining has sold the remaining half interest in Teranov Mining to Cliff Resources (TSE). Black Hills Minerals of Australia holds the other 50% interest in Teranov, which operates a…
JUNIOR MINING SPECIAL — Heat-treatment enhances sapphires
Unlike diamonds, which need only be cut to improve their value, rubies and sapphires generally require heat treatment to enhance their clarity and color. Nowadays, 95% of all sapphires and rubies prod…
TSE Short Positions (May 30, 1994)
Semi-monthly reports as of Apr 30, 1994 showed 243,833,036 shares of 818 issues compared with 241,162,357 shares of 867 issues on Apr 15, 1994. Larger individual positions included: Aber 295,400, down…
JUNIOR MINING SPECIAL — Mutual options prospects in Ghana
VSE-listed Mutual Resources plans to explore two newly optioned gold concessions in south-central Ghana. The Oda River and Kent concessions are in the Manso Kwanta gold belt which runs parallel to, an…
Canada ranks fifth in output
A ranking of the top 10 gold-producing countries in 1993 places Canada in fifth place, unchanged from the previous year. Total Canadian output dropped to 150.9 tonnes gold last year from 160.4 tonnes …
JUNIOR MINING SPECIAL — Molybdenum projected to recover
After four years of declining demand for molybdenum, the outlook for the rest of the 1990s is brighter for the metal, with developing economies, particularly in South East Asia, likely to show the hig…
Metall evaluates assets
In recent months, Metall Mining (TSE) has been re-evaluating its key holdings in light of a possible sale of its shares by parent company Metallgesellschaft (MG). And while an announcement on the sale…
Orleans starts study of wollastonite play
A feasibility study has been commissioned for Orleans Resources’ (ME) St. Onge Twp. wollastonite property near Lac St. Jean, Que. The decision was made following the release of a prefeasibility study …
LAST BUT NOT LEAST — Northern Crown sizes Guadalupe
Having drilled a total of 4,618 metres in 53 holes, Northern Crown Mines (VSE) estimates the geological resource of its Guadalupe property in Mexico to be 4.75 million tonnes grading 1.53 grams gold p…
Int’l Platinum shares halted, independent consultant hired
Toronto-listed International Platinum (IPC) has hired the U.S. geological and engineering firm of Behre Dolbear & Company as its independent technical consultant. Behre Dolbears’ initial assignment is…
Northfield drilling to expand Cheminis reserves
In a quest to augment and upgrade gold reserves, Northfield Minerals (TSE) has embarked on a major program at its Cheminis mine near Larder Lake, Ont. The program, estimated to cost more than $1 milli…