OBITUARY — Roy Aitken spearheaded cleanup
Mining executive of Inco Ltd. for more than two decades, W.R.O. (Roy) Aitken died Nov. 5 after a brief illness. He was 60. Aitken was appointed assistant to the chairman and chief executive officer la…
News
Drill turns at Lewis Ponds
Drilling is under way on the Lewis Ponds property in southeastern Australia, reports Tri Origin Exploration (TSE). The 1,000-metre program will consist of widely spaced stepout holes around hole TLPD-…
PRODUCER PRICES (November 16, 1992)
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Oct. 29, 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, 199…
Agreements halt shipments of CIS uranium to U.S.
The recently concluded agreements between the governments of the U.S. and of six uranium-producing republics of the Commonwealth of Independent States (CIS) will have a positive impact on the uranium …
Viceroy increases output, earnings
Increased gold production at the Castle Mountain gold mine enabled Viceroy Resource (TSE) to boost its second-quarter earnings by 28% to $1.5 million from $1.2 million earned during the first quarter….
TSE INDICES (November 16, 1992)
Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 High Low Composite”300″3277.20 3293.76 3299.77 3339.76 3344.80 4009.47 3009.91 Metals&Minerals 2658.59 2684.85 2702.84 2727.68 2742.64 3453.06 2502.63 Integrated Mi…
METALS PRICES — FREE MARKET (November 16, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 Copper 1406-1408 1384-1385 1397-1398 1431-1432 1…
Adonos, Bellex negotiate merger
Juniors Adonos Resources (TSE) and Bellex Mining (VSE) have agreed conditionally to an amalgamation of the companies, subject to shareholder and regulatory approval. The name of the amalgamated compan…
EDITORIAL PAGE — Worrying trade war
Just when you thought it was safe to venture outside, another “war” rears its ugly head on the world stage. In this case, it is a trade war encompassing superpowers and Third World nations alike. As t…
Pipe variations require large sample
The importance of taking a representative sample before calculating diamond reserves was stressed recently at “More about Diamonds,” a seminar sponsored by Canaccord Capital, a private offshoot of LOM…
Property dispute at Lac de Gras
The first dispute involving diamond exploration properties in the Northwest Territories has surfaced in the courts. In late October, Slumber-Magic Adjustable Bed (VSE) launched an action in British Co…
Nova-Cogesco offer
An offer to purchase 3.3 million common shares of Nova-Cogesco Resources (TSE) by NCG Acquisition has been extended to Nov. 9 from Oct. 30. NCG, an affiliate of Hughes Lang (VSE) and Orofino Resources…