Investors caught a dose of diamond fever during the week ended May 19 after BHP-Utah confirmed the existence of gem-quality stones on the Dia Met Minerals property in the Lac de Gras, N.W.T., area. Ne…
A unit of Noranda (TSE), Noranda Copper Smelting and Refining, recently reached an agreement with a Chinese agency involving the sale and transfer of reactor technology. The Noranda reactor is a conti…
A formal exploration and development agreement for the Gross Rosebel gold property in Suriname has been signed between Golden Star Resources (TSE) and Grassalco, the state-owned aluminum mining compan…
A lot of people in the mining industry are suffering these days, but none more so than Canada’s diamond drillers. Known throughout the mining world as the best in the business, Canadian drilling compa…
A seminar on gold mining will take place June 25 in the industrial city of Puerto Ordaz, Venezuela. Organizer of the seminar is the Canadian embassy in that country, in collaboration with the Guyana D…
It is with regret that I learn that the Ontario government under Bob Rae’s leadership will not support the mining industry, and in fact will ignore the industry completely as you editorialized in “Rae…
The British Columbia Securities Commission intends to ask the Supreme Court of Canada for leave to appeal a provincial court decision which recently overturned its finding that Murray Pezim and severa…
An incredible 27,000 people filed through the gates at this city’s Parque Cerrilos recently for ExpoMin ’92, one of the largest mining trade shows in the world. Some 85 Canadian companies were among t…
The placement of 1.5 million units at $4 per unit is expected to raise about $6 million for El Condor Resources (VSE). The company plans to use the funds for work on its 60% owned South Kemess copper-…
The Nova Scotia government has appointed Justice Peter Richard to head an inquiry into the Westray coal mining disaster of May 9. Richard, 50, has been on the bench since 1978. “It is essential that N…
ALUMINUM: MW U.S. market US59.75-60.50 cents per lb. (May. 7, 1992). ANTIMONY: New York dealer US80-83 cents per lb. (Apr. 30, 1992). BISMUTH: New York dealer US$2.45-2.65 per lb. (May 7, 1992). CADMI…
Shrinking share values pushed the Vancouver Stock Exchange composite and resource indices lower during the week ended May 19. The composite index finished off 2.88 points at 612.83, while the resource…
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