Cambior on Amex
Gold producer Cambior (TSE) expects its shares will begin trading on the American Stock Exchange (Amex) by the end of June following the recent approval by New York-based Amex for the listing of the c…
News
NEWS ROUNDUP — Columbia examines Chinese projects
China’s mineral potential appears to have captured the interest of Columbia Gold Mines (VSE). The Vancouver-based junior recently visited the country and carried out field examinations and technical r…
Chesbar, VenCan to join forces
Two Toronto-based juniors — Chesbar Resources (ME) and VenCan Gold (ME) — plan to combine their property interests in Venezuela. Details of the proposed amalgamation will be released shortly. If all…
LAST BUT NOT LEAST — Kenrich and Ambergate to merge
Two Vancouver-listed juniors, Kenrich Mining and Ambergate Explorations, will merge following the collapse of a 3-way merger agreement with Gitennes Exploration (ASE). Shareholders of Kenrich and Ambe…
Wilderness group sues DIAND, Westmin over Yukon exploration
The Canadian Parks and Wilderness Society (CPAWS), represented by the Sierra Legal Defence Fund, has filed a lawsuit against the federal government and Westmin Resources (TSE) related to the company’s…
COMMENTARY — The future of nuclear power
Saskatoon, Sask.-based Cameco is a uranium company, and as such its prospects are tied to the future of nuclear power. About 17% of the world’s electrical needs are met by nuclear reactors. Forecasts …
Spot prices at a glance (June 13, 1994)
Week’s Price (US) Change Gold* $381.90 – $5.35 Silver* $ 5.33 – $0.21 Platinum* $397.35 – $4.90 Nickel** $ 2.87 + $0.03 Lead** $ 0.23 $0.00 Copper $ 1.06 + $0.04 Zinc $ 0.43 $0.00 Courtesy of Scotiaba…
TSE INDICES (June 13, 1994)
— 1994 — June 7 June 6 June 3 June 2 June 1 High Low Composite”300″ 4326.77 4268.96 4281.02 4280.58 4289.66 4609.93 3518.31 Metals&Minerals 3736.83 3675.06 3701.18 3658.65 3692.59 3879.59 3273.56 In…
Metallica buys Venezuelan concessions
CDN-listed Metallica Resources has bought the Cuyuni I through VI concessions in Venezuela’s Bolivar state. The concessions, comprising 3,000 hectares, are in the historic alluvial mining camp known a…
NEWS ROUNDUP — Pegasus plans Diamond Hill work
Spokane, Wash.-based Pegasus Gold (TSE) plans to carry out underground exploration at the Diamond Hill property, 28 miles southeast of Helena, Mont. Diamond Hill hosts a steeply dipping skarn deposit …
Tribute to an exploration geologist
Fifty years ago, in April, 1944, I and two other third-year mining engineering students, C.E. (Red) Anderson and A.E. (Moose) Manifold, flew from Edmonton, Alta., to Yellowknife, N.W.T., for summer ge…
Spot prices at a glance (June 06, 1994)
Week’s Price (US) Change Gold* $387.25 + $0.85 Silver* $ 5.54 – $0.03 Platinum* $402.25 – $2.25 Nickel** $ 2.84 – $0.12 Lead** $ 0.23 + $0.01 Copper $ 1.02 – $0.02 Zinc $ 0.43 $0.00 Courtesy of Scotia…