Mazarin to buy Quebec’s stake in asbestos mines
Junior Societe d’Exploration Miniere Mazarin (ME) is extending its mineral holdings into the asbestos field. The Quebec City-based company, with gold and copper exploration prospects but perhaps best …
News
NEWS ROUNDUP — Columbia postpones drill program
Plans for a large-scale drill program at the Spectrum gold property were postponed by Columbia Gold Mines (VSE) in order to conserve working capital during current depressed market conditions. The jun…
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…
STOCK MARKETS — Diamond stocks dominate Toronto market
Diamond issues emerged as mining stocks of choice during the week ended Sept. 8 as market players awaited further results from the Lac de Gras region and other active plays. But while Canadian investo…
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…
STOCK MARKETS — Dia Met, Commonwealth gain on diamond
Both the Vancouver Stock Exchange resource and composite indices managed to reverse a general market downtrend during the week ended Sept. 8. The resource index gained almost 12 points to close at 562…