Canadian Mining Hall of Fame to induct nine
Nine more individuals are to be inducted into The Canadian Mining Hall of Fame on Jan. 11, 1993, says the Hall’s board of directors. They were chosen from a nomination list of 17 candidates. The induc…
News
STOCK MARKETS — Dia Met touches $55 after release of new
Trading today, Dec. 9, was marked by extreme volatility in the diamond stocks after Dia Met Minerals and partner BHP Minerals Canada released results from nine more diamond-bearing kimberlite pipes on…
Spot prices at a glance (December 14, 1992)
Week’s Price (US) Change Gold* $333.40 – $1.70 Silver* $ 3.71 – $0.05 Platinum* $363.50 + $2.00 Nickel** $ 2.53 $0.00 Lead** $ 0.21 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
LETTERS TO THE EDITOR — B.C. needs `prospector’s
In the article “NDP killing mining” (T.N.M., Nov. 16/92), M.R. Brown points out that the New Democratic Party is hurting mining in Ontario and British Columbia. However, he did credit Ontario with pro…
LETTERS TO THE EDITOR — Challenging Jake Epp to devise new
I must respond to the letter from Jake Epp (T.N.M., Nov. 30/92). The minister of Energy, Mines and Resources (EMR) implies that my article calling for his resignation was factually incorrect. The quot…
LATIN AMERICA ROUNDUP — American Resource bids for Red Rock
Junior Red Rock Mining (VSE) is the subject of a takeover bid by American Resource, which is proposing to merge the two companies should its offer be successful. American is offering to buy all of the…
LATIN AMERICA ROUNDUP — Aronos expands Sonora holdings
Two additional purchases of claims have been made by Aronos Multinational (CDN) adjoining the company’s gold exploration property in the Mexican state of Sonora. The company, which recently completed …
PRODUCER PRICES (December 14, 1992)
ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
TSE SHORTS (December 14, 1992)
Semi-monthly reports as of Nov. 30, showed 35,033,669 shares of 561 issues compared with 36,786,868 shares of 593 issues on Nov. 15. Larger individual positions included: Amer. Barrick 185,924, down 8…
METAL PRICES — FREE MARKET (December 14, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 8 Dec. 7 Dec. 4 Dec. 3 Dec. 2 Copper 1383-1385 1390-1391 1400-1401 1386-1387 14…
More drilling for Glimmer property
Due to lower than anticipated drill costs, two additional holes will be drilled on the Glimmer Resources’ (TSE) Hislop-Beatty gold property in northeastern Ontario. The new holes will be drilled to fu…
Agreement focuses on the environment
Montreal-based St. Genevieve Resources (TSE) is joining forces with the Institut national de la recherche scientifique on the environmental front. The pair will focus on environmental problems related…