Ecum, partner plan drilling
Private company Ecum Secum Enterprises of Truro, N.S., is bullish about a silver property in the Bathurst camp of New Brunswick, west of the old Nigadoo base metal-silver-bismuth mine. Worked by previ…
News
METAL PRICES — FREE MARKET (December 19, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Dec 13 Dec 12 Dec 9 Dec 8 Dec 7 Copper 2943-2945 2973-2974 2997-2998 2970-2972 2895-2896 Lead 609-610 630-631 637.5-638.5 631-632 618-61…
Drilling confirms resource at Boleo
Infill drilling on the Boleo copper-cobalt project in Baja California Sur, Mexico, is returning results consistent with previous resource estimates. The property, owned by International Curator Resour…
STOCK MARKETS — Trade figures illustrate slump in western
Negative sentiment remains firmly entrenched in western markets, with the Vancouver Stock Exchange resource index posting a 29.21-point decline to 1,161.79 and the composite index falling 10.24 points…
PRODUCER PRICES (December 19, 1994)
ALUMINUM: MW U.S. market US91.5 cents-93.5 per lb. (Dec. 2, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…
Kinbauri announces restructuring
Junior Kinbauri Gold has entered a loan agreement for $200,000 with Millfield Capital of Toronto, Ont., subject to regulatory approval and Kinbauri being accepted for listing on the Canadian Dealing N…
Drills turn on Nebex properties
With two drill programs under way and a third set to start in January, Nebex Resources (ASE) is anticipating a busy winter. A 25,000-ft. program is in progress at the main deposit of the Canoe Lake co…
Radisson to drill Quebec projects
Montreal-listed Radisson Mining Resources plans to drill three of its gold properties in northern Quebec later this winter. At the O’Brien property, in Cadillac Twp., a 13,000-ft. program will test se…
Public participation funding awarded
The federal government will provide $61,600 worth of assistance under the Participant Funding Program, to help individuals and groups participate in the environmental assessment review of the decommis…
SGS Open House, Manitoba convention draw delegates
More than 300 representatives of industry, government and universities attended the 25th anniversary Open House of the Saskatchewan Geological Society (SGS) in Saskatoon. In Winnipeg, the 1994 Manitob…
NEWS ROUNDUP — Cliff negotiates bridge loan
Strategic Industry Investments will lend $6 million to Cliff Resources (TSE) so that it can meet its obligations to Mineral Development. The latter is owned equally by Cliff and Strategic. Also, Cliff…
NEWS ROUNDUP — Major potash sale to China
Potash producers in Saskatchewan are selling 800,000 tonnes of their product to China. The sale by Canpotex, the producers’ offshore sales agency, is the single largest order ever sent to China and wi…