There will be at least one new diamond mine in the Northwest Territories within the next five years. That was the prediction offered at a conference on exploration for diamonds, held recently at Queen…
Producers of industrial minerals have a tough row to hoe. Besides exploring for deposits, many are forced to search out new markets for their products. Privately owned Mountain Minerals exemplifies th…
Excellon Resources (VSE) and MVP Capital (TSE) have granted BHP Minerals the right to earn up to a 70% interest in their joint property in Arizona. To earn an initial 60% stake in the Robber’s Roost p…
A bulk sample from the Donalda gold property near Rouyn-Noranda, Que., has yielded 4,300 oz. and gross revenue of $2.1 million. Orco Resources (ME) says 19,147 tonnes were milled in a flotation circui…
Shareholders of Goldex Mines (TSE) have approved an amalgamation with a wholly owned subsidiary of Agnico-Eagle Mines (TSE). Agnico, which already owns 53.7% of Goldex, will acquire the remaining 46.3…
In the fist nine months of 1993, Rayrock Yellowknife Resources (TSE) sold more gold than in the same period last year. Sales increased to 65,479 oz. at an average price of US$351 per oz. from 57,694 o…
Shortly before presstime, the directors of Ontario’s Workers’ Compensation Board (WCB) were scheduled to review an appeal of 1994 rates. The appeal was launched by the Ontario Mining Association (OMA)…
Could this be it? Could this be the turn in the base metals markets for which many of us have been hoping? The charts for nickel, copper, lead and zinc reveal that prices have at least come off the ma…
I am interested in your editorial, “It ain’t over till it’s over” (T.N.M., Nov. 22/93), concerning the Windy Craggy operation and attempts by the British Columbia government to declare the Tatshenshin…
In the article “Arequipa eyes Peruvian copper” (T.N.M., Nov. 29/93), David Lowell is described as having “managed” the exploration program that resulted in the discovery of Chile’s La Escondida copper…
Continued strength in gold helped western markets as the Vancouver Stock Exchange resource index posted a 36.79-point jump to 1,573.52. The composite index remained relatively quiet, edging up just ov…
ALUMINUM: MW U.S. market US51.25-50.25 cents per lb. (Dec.2, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…
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