Golden Star locks up golden deal
A deal to acquire two properties in French Guiana has been signed by Golden Star Resources (TSE). The first property, known as St. Elie, covers 39 sq. miles (100 sq. km) and was formerly the largest p…
News
Airborne geophysics and mineral trains — Canadians advance
Speakers from around the world gathered here at a recent conference to discuss new developments in the search for diamonds in several parts of Canada. Donald Mustard, past president of the Canadian Ge…
Canada Talc oldest producer in Ontario
If one were asked to name the oldest continuously producing mine in Ontario, the prolific gold mines of Timmins and Kirkland Lake may spring to mind. Few would guess that the province’s oldest mine is…
Diamond players coy about spending — NWT survey reveals
Exploration expenditures in the Northwest Territories are expected to surpass $52 million this year, according to the annual survey of the N.W.T. Chamber of Mines. This level easily surpasses the $38….
East meets West on the diamond trail — Russians study
He has yet to visit the Lac de Gras diamond exploration camp of the Northwest Territories, but Nikolai Sobolev is not surprised that the primary exploration method used involves tracing indicator mine…
Budget changes affect juniors
Mining-company representatives were one of the few groups smiling after studying Ontario’s new budget, says a Canadian Press report. The industry is applauding the government’s capital tax relief for …
Faro re-opening possible — Curragh lands Korean equity
Operations at the Faro lead-zinc mine in the Yukon are expected to resume in September following a financing agreement among two Korean companies and Toronto-based Curragh (TSE). Under the agreement, …
Communications workshop set
A workshop on mining-related communications will take place June 7 and 8 in Sudbury, Ont. The workshop is an outgrowth of the Intergovernmental Working Group on the Mineral Industry and the Whitehorse…
Fording award for reclamation
Fording Coal has won a mine reclamation award. It was presented in Port Hardy at British Columbia’s annual mine reclamation symposium. Other winners were Noranda Minerals, which was awarded a metal mi…
Glamis builds acquisition war chest
Net proceeds of about $22 million from two recent financing arrangements will be used by Glamis Gold (NYSE) to fund the acquisition of gold properties and augment working capital. James Billingsley, v…
A strategic view of the industry’s competitiveness
A large part of our industry activity is driven by enthusiasms — enthusiasms that capture the imagination of investors and of the industry press. The arrival of instantaneous information capability m…
Metal Prices — FREE MARKET (May 31, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 25 May 24 May 21 May 20 May 19 Copper 1190-1191 1178-1179 1183-1184 1176-1177 11…