Hemisphere samples Australian pipe
Results from four samples taken on the Leopold Downs lamproite pipe in Western Australia indicate that the pipe’s diamonds can be recovered by gravity separation, says Hemisphere Development (VSE). Th…
News
Sutton drilling Kabanga nickel
Diamond drilling has resumed on the Kabanga nickel project owned by Sutton Resources (VSE). Located in western Tanzania, the project is estimated to contain preliminary reserves totaling 40.5 million …
Silver Glance awaits assays Drilling tests for fluorite-silver
Assay results are awaited by Silver Glance Resources (VSE) for the first 36 holes drilled on the company’s fluorite-silver property in La Paz Cty. in Arizona. Silver Glance director Peter Fox notes th…
Gold bulls back
I couldn’t have agreed more with your editorial “Fundamentals look bullish for gold” (T.N.M., Mar. 2/92). While your viewpoint was clearly valid, investors only need to realize that the ultimate bulli…
Holcorp plan rocks Arimetco
A stellar performer of late, oxide copper specialist Arimetco International was rocked by some bad news during the week ended April 7 after hitting a new high of $5.75. Arimetco has been something of …
OBITUARY (April 13, 1992)
Canadian mining lost another one of its elder statesmen recently when former Dome Mines President James B. Redpath died at the age of 83. Best known for his role in making Dome a leader among Canadian…
Changes designed for easier use
Changes introduced to our stock trading tables this week are designed to make them easier to use while continuing to provide the most comprehensive listing of weekly stock quotations for mining securi…
INSIDER TRADING (April 13, 1992)
Thunderwood Resources (TSE) director Leo Thibodeau recently sold a big portion of his stake in the Toronto exploration company. According to the Ontario Securities Commission’s OSC Bulletin, Thibodeau…
Greenstone to buy Nicaraguan mine
Toronto-based Greenstone Resources (TSE) says its share of gold production will jump to about 82,000 oz. per year by 1994 if it purchases the Libertad gold mine in Nicaragua. As part of Nicaragua’s re…
Cameco drilling finds new zone at Contact Lake
Cameco (TSE) has discovered a new gold zone on the Contact Lake (Preview Lake) property north of La Ronge, Sask. Drilling along the Bakos structure, where three zones have already been identified, Cam…
33 mines shut down in 1991, net job loss reaches 2,000
Ore depletion, low metal prices and depressed market conditions resulted in the permanent closure or suspension of 33 Canadian mines in 1991, according to the Mineral Policy Sector of Energy, Mines an…
MINER DETAILS (April 13, 1992)
The Mining Association of British Columbia doesn’t like the first provincial budget brought down by Michael Harcourt’s New Democratic Party. The industry is taxed-to-the-max already, the association s…