News

It was a record year for the Alberta Stock Exchange, which had almost $1 billion in trades in 1992. The volume of trades rose by about 31%, to 865 million shares, from the previous year, the Canadian …

A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…

Week’s Price (US) Change Gold* $328.85 $3.45 Silver* $ 3.70 + $0.04 Platinum* $357.70 + $1.20 Nickel** $ 2.82 + $0.18 Lead** $ 0.20 $0.01 Copper $ 1.06 + $0.03 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…

Jan.5 Jan.4 Jan.1 Dec.31 Dec.30 High Low Composite”300″3353.45 3351.04 N/A 3350.44 3326.83 4009.47 3009.91 Metals&Minerals 2878.42 2860.64 N/A 2814.84 2789.40 3453.06 2502.63 Integrated Mines2984.25 2…

A private Panamanian company recently elected to participate as a 20% partner at the Petaquilla copper property being explored by Adrian Resources (VSE). Adrian, as project operator, is earning 40% of…

Management of Jordex Resources (TSE) is evaluating an offer from Anglo American of South America (AMSA) to acquire a majority interest in the Loma de Hierro laterite nickel deposit in Venezuela. The d…

To raise funds for exploration on its Brookbank gold property near Beardmore, Ont., Ontex Resources (ASE) has reached an agreement-in-principle for a private placement of 500,000 units to a private co…

A program of grid cutting and electromagnetic (EM) surveys is under way on the Casa Berardi property of East West Resource (VSE) in northwestern Quebec. The company says that the EM surveys are being …

Manitoba’s new Mineral Exploration Incentives Program (MEIP) is off to a slow start. The 3-year, $12.5-million grant program, designed to stimulate petroleum and mineral exploration and development in…

New at the helm of Placer Dome (TSE), President John Willson must contend with more than just weak gold prices. The former Pegasus Gold president replaced Tony Petrina, who resigned last summer after …

I have met and worked with many geologists during my tenure in mining. These much-respected professionals possess many outstanding characteristics, not the least of which is determination. One geologi…

Industrial metals markets declined worldwide throughout most of 1992 but steadied near year-end and increasingly appear poised for recovery in 1993. Metal prices and stocks are at levels that should e…