News

LETTERS TO THE EDITOR — Reining in `pilfermania’

Perhaps Canadians can be forgiven when our masters are trying to decide how many Senators should be allowed to dance on the head of a pin; forgiven for not believing that these same esoteric philosoph…


Jennings addresses CIM audience

At a Sept. 24 luncheon, Christopher Jennings will address the timely question: “Will diamond mining in Canada become a reality?” The meeting is hosted by the Toronto Branch of the Canadian Institute o…


Stamps to mark GSC anniversary

Five commemorative stamps will be issued this month by Canada Post to celebrate the 150th anniversary this year of the Geological Survey of Canada. Five minerals will be featured: gold, copper, sodali…


Placer drilling Shear property

A surface drill program by Placer Dome (TSE) will test two previously identified targets on the Shear property held by International Northair Mines (VSE) near Aspen Grove in south-central British Colu…


Spot prices at a glance (September 14, 1992)

Week’s Price (US) Change Gold* $343.10 + $2.70 Silver* $ 3.75 + $0.03 Platinum* $362.40 + $6.90 Nickel** $ 3.12 – $0.13 Lead** $ 0.29 $0.00 Copper $ 1.11 – $0.02 Zinc $ 0.63 – $0.01 Courtesy of Scotia…


FINANCING (September 14, 1992)

Cons. Texas Northern Min. Ltd. – 600,000 shs @ 25 cents per sh. Navarre Res. Corp. – 1,400,000 units with a minimum subs. of 1,000,000 units where each unit consists of 1 sh and 1 Series A Sh Purchase…


TORONTO STOCK EXCHANGE INDICES (September 14, 1992)

Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 High Low Composite”300″3451.95 NA 3456.82 3453.24 3436.71 4009.47 3009.91 Metals&Minerals 2938.25 NA 2965.44 2981.61 2971.86 3453.06 2502.63 Integrated Mines306…



Diamonds being sought in Guyana

Diamonds were first uncovered in the South American country of Guyana in 1887 and, according to Golden Star Resources (TSE), are found in some of the same areas that are being mined for gold (although…



Diamonds mined in Russian north

As cold and inhospitable as the north of Russia may be, the area produces a significant amount of minerals, including diamonds from open pit operations lying on both sides of the Arctic Circle. It was…


Sampling south of Lake Superior

A 3-company joint venture is exploring for diamonds in the Lake Superior region of the Michigan-Wisconsin area of the U.S. Owner of a 51% interest in the project is Ashton Mining of Australia. Ashton …


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