Student engineers in competition
The 10th annual Canadian Engineering Competition is scheduled for March 4 and 5 at Toronto’s downtown Novotel Hotel. Some 100 undergraduate engineering students from across Canada will compete in one …
News
THE DIAMOND PAGE — Diamond Fields acquires producing pipes
Having completed a positive technical review, Diamond Fields Resources (VSE) is proceeding with the acquisition of a 66.67% controlling interest in two producing kimberlite diamond mines in South Afri…
Alberta exchange activity at record levels in 1993
The Alberta Stock Exchange (ASE) set records in 1993 in trading volume, trading value and total financing. Total trading volume exceeded 2.2 billion shares, up 157% from 1992. Total trading value incr…
STOCK MARKETS — Mixed showing by equities belie stronger
The gold price strengthened somewhat over the week, rising nearly US$6 per oz. to US$392.70. However, gold equities put in a mixed performance. For example, Franco Nevada lost 63 cents to close at $93…
STOCK MARKETS — Gold exploration companies pique investor
Investor interest in gold exploration companies is continuing to gain steam, with the Vancouver Stock Exchange resource index up almost 5% during the report period ended Jan. 18, to finish at the 1,77…
TSE SHORT POSITIONS (January 24, 1994)
Semi-monthly reports as of Dec 31, showed 69,078,255 shares of 800 issues compared with 70,209,457 shares of 792 issues on Dec 15. Larger individual positions included: Aber 136,000; Agnico-Eagle 146,…
Spot prices at a glance (January 24, 1994)
Week’s Price (US) Change Gold* $392.70 + $5.90 Silver* $ 5.32 + $0.21 Platinum* $393.50 + $6.25 Nickel** $ 2.63 + $0.04 Lead** $ 0.23 + $0.01 Copper $ 0.85 + $0.05 Zinc $ 0.46 + $0.01 Courtesy of Scot…
Western Quebec buys Central Crude
Small Quebec gold producer Western Quebec Mines (TSE) will pay $9 million to acquire control of Central Crude (TSE) and the Eagle Lake gold deposit in northeastern Ontario. The seller is Hemlo Gold Mi…
NEW FRONTIERS IN MINING — Opportunities in China
One advantage to exploring for minerals in China, which recently opened its doors to foreign mining companies, is the excellent geological data available on specific sites, says the president of a Van…
NEW FRONTIERS IN MINING — No operating mines yet —
While no mines are operating in the territory, there are several signs of encouragement on the Yukon exploration front. A consortium bought the Sa Dena Hes lead-zinc producer from the receivers of Cur…
NEW FRONTIERS IN MINING — El Callao drilling in Venezuela
Reverse circulation drilling is under way on Lo Increible, a gold property in Venezuela. Initial results are expected in mid-February. El Callao Mining (VSE), which holds an option on a large portion …
Cliff ups interest in Newfoundland asbestos operation
Junior Cliff Resources (TSE) has an option to acquire Princeton Mining’s (TSE) half interest in the share capital of Teranov Mining, a Princeton subsidiary. Teranov operates a wet mill at Baie Verte, …