Mineral’s name honors professor
A geology student at the University of New Brunswick (UNB) who discovered a new mineral in 1988 has honored his former mentor by christening it “Trembathite.” Pat Burns, now a doctoral student at the …
News
Fipke garners PDAC Prospector award
Diamond explorer Charles Fipke has won the 1992 Bill Dennis Award for Prospector of the Year. The award is being presented at this year’s annual convention of the Prospectors and Developers Associatio…
ODDS’N’SODS — Growing up in Perron
My mother and I came to the Perron gold mine in northwestern Quebec, from the Ukraine, in 1937. My father, Karol Kit, worked underground there and saved enough to pay our fare to Perron from the Old C…
Positive feasibility received for Keystone gold project
Feasibility work on the Keystone gold project near Lynn Lake, Man., concludes that developing the BT deposit and reopening the Lynn mill is economic at current gold prices. Feasibility was overseen by…
EDITORIAL PAGE — Understand the problems, then act to
British Columbia’s mines minister, Anne Edwards, had us worried. For the past couple of years, the industry has complained loudly about its awful plight. Yet Mines Minister Edwards seemed not to hear….
OPINION — WCB $11 billion in hole, and mining companies pay
There are limits as to how far a mining company can go to return its operations to good health and profitability. There are external restraints besides those common to any competitive enterprise. Thes…
Porphyry deposits studied
A new report on porphyry copper deposits has been published in the U.S. Porphyry Deposits of the Western Hemisphere is a series that analyzes oxide and sulphide porphyry systems and other bulk-tonnage…
More about diamonds (March 29, 1993)
Canadian companies searching for diamonds both at home and abroad: N.W.T. — Consolidated Abitibi Resources (ME) has arranged a private placement of 1.27 million flow-through shares from its treasury….
Spot prices at a glance (March 29, 1993)
Week’s Price (US) Change Gold* $331.30 + $2.65 Silver* $ 3.65 – $0.01 Platinum* $356.90 + $8.45 Nickel** $ 2.73 + $0.05 Lead** $ 0.18 $0.01 Copper $ 0.99 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotiaba…
`Corridor’ yields two more pipes
The discovery of two new kimberlite pipes in the Northwest Territories lends credence to the theory that a major north-northwesterly trend dubbed the “corridor of hope” is associated with kimberlitic …
PRODUCER PRICES (March 29, 1993)
ALUMINUM: MW U.S. market US53-54 cents per lb. (Mar. 11, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
EXPLORATION ’93 — Northgate offer
Shareholders of Northwest Gold (USOTC) will be offered one common share of Northgate Exploration (TSE) in exchange for 15 class-A subordinate voting shares of Northwest.The offer will not be open to N…