NEWS ROUNDUP — Canmine does EM work on Fer
Pulse electromagnetic (EM) surveys are being performed by Canmine Resources (CDN) on the Fer base metal property near Flin Flon, Man. The surveys are intended to define targets for a 20,000-ft. winter…
News
NEWS ROUNDUP — Maude uncovers new gold zones
Two gold-bearing structures have been defined on the property of Maude Lake Gold Mines (CDN) near Matheson in northeastern Ontario. The Ramp vein and 1A zone were found during a 7,940-ft. drill progra…
Bishop Res. adds ground to Mexican gold property
Having outlined four new targets on its Guadalupe gold property in Sonora state, Mexico, Bishop Resources International Exploration (CDN) has staked an additional 920 hectares. The new target areas we…
COMMENTARY — Reclamation not inexpensive
The gold mining industry in the United States spends millions of dollars annually on reclamation efforts. The planning, design, recontouring, revegetation and maintenance associated with reclamation e…
OBITUARY — Kervin McDonough
A prospector for 49 years, Kervin McDonough has died at his St. Catharines, Ont., home. He was 70. A member of the McDonough clan of explorationists, he worked in Ireland, the U.S. and extensively thr…
BOOK REVIEW — Western wandering
Wilderness Wandering on Vancouver Island, by Walter Guppy. Published by Grassroots Publication, P.O. Box 94, Tofino, B.C. V0R 2ZO. 136 pages. $12.95 in book stores; $15 postpaid from publisher. The bo…
Funding available in New Brunswick
A new mineral resource policy will provide $200,000 for geoscience investigation in New Brunswick. The provincial government said the funds are intended to help the private sector in its mineral explo…
ODDS’N’SODS — Northern `Diamond Queen’ (2)
Editor’s note: The author concludes his stories about Sophie May Ryan, dubbed “the North’s fabulous Diamond Queen” in a 1952 obituary in a weekly newspaper in The Pas, Man. The Diamond Queen ran the r…
OVERSEAS QUOTES (December 27, 1993)
Bid Ask SOUTH AFRICA (US$) Anglo Amer S.A. 44.00 44.50 Cons Modderfontein 0.18 0.26 Debeers Cons 21.50 21.75 Driefontein Cons 12.25 12.50 Freestate 15.00 15.25 Kloof Gold Mining 11.00 11.25 Rustenburg…
TSE INDICES (December 27, 1993)
— Week — Dec 21 Dec 20 Dec 17 Dec 16 Dec 15 High Low Composite”300″ 4214.73 4223.64 4223.58 4216.17 4225.58 4236.79 4205.53 Metals&Minerals 3415.28 3414.16 3367.10 3409.92 3404.77 3438.89 3344.83 In…
Central Fund trades in U.S.
Shares of Central Fund of Canada have begun trading on the American Stock Exchange. A registration statement, filed with the U.S. Securities and Exchange Commission, covers 1.3 million A shares which …
STOCK MARKETS — Wild trading galvanizes western markets
So much for the so-called Christmas doldrums. Investors and traders don’t appear to be taking any time off prior to the Christmas break, judging from the wild action on western markets. The Vancouver …