More mixed results from Damoti Lake
Toronto-listed Athabaska Gold Resources has reported new drill results from the Damoti Lake property, and again the values are mixed. Assays from Hole D-15, drilled to test the east band of iron forma…
News
NEWS ROUNDUP — BHP options Matagami prospect
Alberta-listed Kingswood Resources has granted BHP Minerals Canada the right to earn a 70% interest in its base metal property southwest of Matagami, Que. BHP, which will operate the project, can earn…
Permits in place for Montanore
Permits have been completed for development of the Montanore copper-silver deposit in northwestern Montana. Giant Bay Resources (TSE) and private company Montana Reserves, along with joint-venture par…
Falco to drill Hellens property
Drilling is set to begin this month on the Hellens Eplett polymetallic property, north of Cobalt, Ont. The property is owned by Starmin Mining (TSE) and International Platinum (TSE). Operating the pro…
Hemlo drilling Radisson ground
After an encouraging first phase of drilling, Radisson Mining Resources (ME) is planning a 5,000-ft. program for the Lepine and Duquesne properties near Rouyn-Noranda, Que. Operator and joint-venture …
Ward to enter Hall of Fame
The Mining Foundation of the Southwest will stage its 11th annual American Mining Hall of Fame awards banquet Dec. 4 in Tucson, Ariz. The banquet will precede the annual meeting of the Arizona confere…
ODDS’N’SODS — A quiet giant among mining men
One of the great privileges of my life was to have known the late Randolph Pope Mills. It is not likely the mining business will ever see the likes of him again. He was, I believe, the greatest promot…
Books in review — Tribute to miners Alberta Miners
A Tribute, by Lawrence Chrismas, produced in collaboration with the Alberta Chamber of Resources. Cambridge Publishing, Box 61083, Kensington Postal Outlet, Calgary, Alta. T2N 4S6. 224 pages. $39.95 i…
COMMENTARY — Copper cost trends lower
Average cash operating costs for Western World copper mines have fallen during the past three years, to US54 cents per lb. in 1992 from US54.5 cents in 1991 and US58.8 cents in 1990. Much of this fall…
THE DIAMOND PAGE — Ashton Mining picking up pace on its
Diamond exploration in Canada’s North may be dominated by the two projects advanced by Kennecott and BHP Minerals Canada, but another major is positioning itself for increased activity. Ashton Mining …
STOCK MARKETS — Golds gain, diamonds slip on Toronto
Before you delve into this report, glance down at the table on this page called “Greatest Value Traded, Nov. 3-9.” In the left-hand column please note that eight of the 10 big-value traders during our…
Spot prices at a glance (November 15, 1993)
Week’s Price (US) Change Gold* $375.50 + $12.50 Silver* $ 4.53 + $0.32 Platinum* $376.75 + $8.75 Nickel** $ 2.12 + $0.05 Lead** $ 0.18 $0.00 Copper $ 0.75 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiab…