Abacus Minerals (VSE) has obtained more trench assay results from its gold property in Brookfield, N.S. Trench 4 uncovered a sample which ran 0.76 grams gold per tonne over 19 metres, including a sect…
Stainless steel represents at least 60% — and maybe as high as 70% — of nickel consumption, and fairly steady growth seems certain in the near future. Production was up again in 1993, to about 11.4 …
A 16,000-ft. drill program by Teck (TSE) is returning attention-grabbing gold values from the Thunder Lake West gold prospect near Dryden, Ont. The first infill hole intersected 0.89 oz. gold per ton …
Toronto-listed MSV Resources has released production figures for the fourth quarter. The Montreal-based company produced 12,700 oz. gold and 3.5 million lb. copper from 126,726 tons of material. The c…
A senior scientist with the Ontario Ministry of Northern Development and Mines (MNDM), Janet Springer died recently in an automobile accident near Sudbury. She was 57. A native of England, she spent h…
Cyprus Canada intends to earn a 60% interest in Noble Peak Resources’ (ASE) Southwin gold project in the Northwest Territories. It can do so by spending $3 million on exploration and by paying $150,00…
Toronto-listed Northgate Exploration has bought a US$3.5-million, 8% convertible note of American Resource (NASDAQ). The note is convertible into common shares of American or a 3.5% net smelter return…
A delegation of Mexican mining officials is scheduled to attend Calgary Mining Forum ’94, Feb. 10-11 in Calgary, Alta. The visitors will speak on mineral investment opportunities in Mexico and meet wi…
A previous article (T.N.M., Nov. 15/93) concerned the late Randy Mills (or “RPM,” as I call him), a fantastic promoter and financier in the period 1950-1976. He was a great man and a quiet giant among…
The Diavik project in the Northwest Territories has received some encouraging news. Analysis of kimberlite from the C-13 target returned 15 macrodiamonds and 40 micros from five holes and 269 kg of co…
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 1 Jan. 31 Jan. 28 Jan. 27 Jan. 26 Copper 1864-1865 1844-1846 1848-1849 1860-1861 1849-1850 Lead 508-509 506-507 506-507 517-518 506…
A plan by Agnico-Eagle Mines (TSE) to acquire 533,333 shares of Sudbury Contact Mines (TSE) has been approved by regulators. In return, Sudbury will receive $2 million pursuant to the flow-through pri…
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