News

USMX receives reclamation award

The 1992 Nevada Excellence in Mining Reclamation Award was presented recently to USMX at the Nevada Mining Association’s annual meeting. The award is jointly sponsored by Nevada, the U.S. Bureau of La…


GUEST COLUMN — Mexico: A mining man’s dream?

Mexico is experiencing a modern-day exploration boom, the direct result of radical changes to its mining laws. Rich in minerals, the country is the world’s largest supplier of silver and exports large…


EDITORIAL PAGE — Constitutional wrangling

The constitutional referendum is past but not forgotten. In the days following the vote, the economy seems destined to become the favored topic, but mark our words, the constitutional debate may be ta…


OBITUARY — John Needham

Mining executive John Ralph Needham died recently in Toronto. He was 64. Needham was best known as a founding member of the Ontario Mining Equipment and Services for Export (OMESE), which was establis…


Mountain Beaver to drill on Figuery

Drilling is expected to resume shortly on Mountain Beaver Resources’ (CDN) Figuery base metal property near Amos, Que. The property contains the Figuery deposit which has preliminary reserves of 386,7…





TORONTO STOCK EXCHANGE INDICES (November 09, 1992)

Nov.3 Nov.2 Oct.30 Oct.29 Oct.28 High Low Composite”300″3361.64 3379.04 3336.12 3336.01 3334.71 4009.47 3009.91 Metals&Minerals 2780.62 2794.69 2772.11 2753.63 2745.96 3453.06 2502.63 Integrated Mines…


More zones uncovered at Sulphurets

At least 16 new zones requiring follow-up exploration were identified by Newhawk Gold Mines (TSE) during this year’s surface exploration program on the Bruceside project at the Sulphurets property in …


Spot prices at a glance (November 09, 1992)

Week’s Price (US) Change Gold* $336.90 – $1.30 Silver* $ 3.80 + $0.03 Platinum* $355.25 – $1.25 Nickel** $ 2.66 – $0.12 Lead** $ 0.21 – $0.02 Copper $ 1.02 $0.00 Zinc $ 0.49 – $0.01 Courtesy of Scotia…


Goldfields arranges Aurora financing

A private placement with major shareholder Gwalia Consolidated will provide up to US$1.37 million for Consolidated Nevada Goldfields (TSE). Gwalia agreed to purchase a minimum of 1.82 million and up t…


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