ODDS’N’SODS — Overdue salute to Ernie Boffa
I have fond recollections of Ernie Boffa. He was born in northern Italy in 1904 and came to Canada with his parents and three sisters in 1907, settling in Alberta. In 1915, the family was in Fort Will…
News
OPINION — Waiting for the tax cuts
Anyone who has ever been in the military has heard the expression, “Hurry up and wait.” Although it won’t admit it, the Ontario administration of Bob Rae is telling residents the same thing. Through i…
Spot prices at a glance (August 30, 1993)
Week’s Price (US) Change Gold* $371.75 – $1.10 Silver* $ 4.75 + $0.06 Platinum* $386.90 – $1.10 Nickel** $ 2.09 + $0.01 Lead** $ 0.17 $0.00 Copper $ 0.90 + $0.03 Zinc $ 0.40 + $0.01 Courtesy of Scotia…
METAL PRICES — FREE MARKET (August 30, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 24 Aug. 23 Aug. 20 Aug. 19 Aug. 18 Copper 1988-1989 1946-1947 1968-1969 1930-1932 1928-1930 Lead 387-388 384-386 390-391 387-388 38…
THE DIAMOND PAGE — LETTERS TO THE EDITOR — The ABCs of
I agree in part with the editorial in the Aug. 16 issue (“Silence is not golden”), which deplored the lack of information available for evaluating the various diamond stock plays. What surprises me is…
THE DIAMOND PAGE — Lac de Gras dominates exploration
Yellowknife, N.W.T., is abuzz with talk that at least two major mining companies, BHP Minerals Canada and Kennecott, are at the decision-making stage of what their respective next steps will be. Both …
STOCK MARKETS — TSE composite index edges over former high
The story of the week has been the Toronto Stock Exchange Composite Index and its bid to hit a new all-time high. On Aug. 23, it went through the 4,100 level and looked hellbent for leather to beat th…
THE DIAMOND PAGE — LETTERS TO THE EDITOR — Premature
Editor’s Note: The Sarnoff controversy (see Aug. 2 issue) and our ensuing editorial have generated a healthy flow of letters to the editor; so many, in fact, that we’ve decided to run the overflow in …
Toronto Stock Exchange Indices (August 30, 1993)
— Week — Aug 24 Aug 23 Aug 20 Aug 19 Aug 18 High Low Composite”300″ 4112.24 4091.76 4077.18 4069.59 4069.31 4118.12 4046.43 Metals&Minerals 3130.64 3121.57 3120.60 3119.92 3120.23 3132.66 3104.54 In…
New Island, Goldbar in Newfoundland bet
Drilling is to begin shortly on the Glover Island gold property in central Newfoundland. The 9,800-13,100-ft. program will primarily test the Lunch Pond South Extension zone where a hole drilled late …
Eldorado starts La Colorada program
A program aimed at expanding reserves and finding new deposits has begun on Mexico’s La Colorada project. Operator Eldorado (VSE) is earning a 70% interest in the 13-sq.-mile property from Campbell Re…
Feasibility study for McDonald project
A final feasibility study will examine the McDonald gold deposit near Lincoln, Mont. Canyon Resources (NASDAQ) has a 27.75% interest in the joint venture, which is operated by senior partner and major…