News

EDITORIAL PAGE — Power for all

Among the “hot” issues of the day is electricity. What will be the source of future production? Will it be affordable? What about any harmful effects to the environment? Perhaps the only question not …


COMMENTARY — Of cash flow and gold prices

Analyst John Lydall of First Marathon Securities, writing in The Senior Canadian Gold Producers, 1993 Preview: In looking ahead, it is important not only to focus on likely earnings but also on each c…


Program named after Aitken

A new sustainable development internship program will be named in memory of the late W.R.O. (Roy) Aitken, federal Environment Minister Jean Charest announced recently. Aitken, who died last November a…


VSE resource index posts 50% increase

Market activity on the Vancouver Stock Exchange increased during 1992, with both higher volume and value reported. Total volume trading in 1992 reached almost 3.9 billion shares compared with about 3….


Spot prices at a glance (January 18, 1993)

Week’s Price (US) Change Gold* $327.85 – $1.00 Silver* $ 3.67 – $0.03 Platinum* $356.60 – $1.10 Nickel** $ 2.72 – $0.10 Lead** $ 0.20 $0.00 Copper $ 1.01 – $0.05 Zinc $ 0.48 – $0.00 Courtesy of Scotia…


NEWS ROUNDUP — Phelps Dodge in property option

Phelps Dodge Corp. of Canada, a unit of Phelps Dodge (NYSE), has optioned the Nine Mile Brook base metal property in New Brunswick from Corner Bay Minerals (TSE) and joint venture partner Roycefield R…


NEWS ROUNDUP — Placer no longer interested in ATT

Although Placer Dome (TSE) recently announced it will not be proceeding with an option to earn a 60% interest in the ATT claims in north-central British Columbia, owner Claimstaker Resources (VSE) pla…


McKnight heads for Cordillera

William McKnight will replace Jake Epp as a speaker at the Mineral Economics Symposium sponsored by the Canadian Institute of Mining, Metallurgy and Petroleum to be held here Jan. 25. McKnight replace…



Trillion files for Zimbabwe exploration rights

Ottawa-based Trillion Resources (ASE) reports making application for exploration rights in Zimbabwe for diamond, gold and base metal prospects. Trillion, which has a 50% interest in the Jena gold-mini…


Great Basin in exploration venture with Fischer-Watt

Nevada-based Great Basin Exploration & Mining recently signed a letter of intent to joint venture the Santa Lucia property owned by Fischer-Watt Gold (NASDAQ). The property is a 45.5-sq.-km concession…



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