The industrial minerals industry in British Columbia will receive promotional help from the provincial government. “British Columbia produces about 20 different industrial minerals and could produce a…
Canadians have made progress but still have a long way to go when it comes to exploiting diamonds, according to two analysts who spoke at the recent Manitoba Mining, Minerals and Petroleum Convention….
A fundamental shortfall of supply over demand will cause the price of gold to rise in 1994 and 1995, according to Goldbook ’93, published by London-based T. Hoare & Co. Echoing this prediction is Rhon…
NovaGold Resources (TSE) is completing sampling, geophysics and geochemistry on its 70%-owned Pine Cove property, near Baie Verte, Nfld. Samples from the Romeo-Juliet structure have assayed as high 35…
A portion of Jordex Resources’ (VSE) previously announced private placement will not proceed. Instead, an aggregate of 500,000 common shares will be issued at 50 cents per share. The $250,000 raised w…
Shareholders of Cyprus Minerals (NYSE) and Amax (NYSE) have voted in favor of a merger. The new corporation is called Cyprus Amax Minerals Co. It becomes the second-largest copper producer in the U.S….
Gold Funds as of Nov. 23 BGR Central Net Value $15.02 $6.16 Price $13.88 $6.625 Premium 7.5% Discount 7.64% Value $84,154,000 $119,907,863…
A Luxembourg holding company, Awake S.A., will exercise 828,008 warrants of William Resources (ME), entitling Awake to buy one common share of William for 26 cents. Awake will increase its stake in Wi…
The executive body of Wheaton River has not changed as reported in People (T.N.M., Nov. 22/93). The appointments were made to North American Metals, a company in which Wheaton River is a major shareho…
Joint-venture partners Western Copper Holdings (TSE) and Thermal Exploration (ASE) produced about 800 lb. of copper cathode during the first month of their pilot-plant project, near this northern comm…
The Canada Labour Relations Board has found that both Royal Oak Mines (TSE) and Local 4 of the Canadian Association of Smelter and Allied Workers (CASAW) bargained in bad faith during labor negotiatio…
Increased production is expected from the Ruby mine, a placer-gold deposit in Grass Valley, Calif. So far, about 47 tons ore averaging just over 0.2 oz. gold per ton have been produced from two new ar…
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