News

Wild ride for Thistle Mining

The report period Dec. 15-21 saw the price of gold rise US$3.85 to close at US$440.95 per oz. in the afternoon of the 21st in London. The gold index rose 2.09 points, or 0.9%, to close at 211.20. The diversified metals and mining index was up 10.7…





There’s something about Mary

In 1933, at Upper Canada College in Toronto, I was the drum major of the school’s Cadet Corps Band, not on account of any musical ability, but because I could wield the baton.


Victims’ families get $10.7m in Giant settlement

For the eight wives and 20 children left behind after a bomb killed nine miners during a combative labour dispute at the Giant gold mine in Yellowknife, N.W.T., in September 1992, it’s finally over.



Northern initiative generates targets for Diamonds North

Diamonds North Resources (DDN-V) has staked more than 1,200 sq. km of new mineral claims 100 km south of Baker Lake in Nunavut, following the recovery of kimberlite indicator mineral grains from multiple till samples. The sample…



Thistle wilts under heat

Thistle Mining (THT-T) has announced a restructuring plan that entails the cancellation of existing shares.


Queenstake strikes gold in Starvation Canyon

Queenstake Resources (QRL-T) has cut high gold grades combined with impressive widths at its Starvation Canyon project, 12 miles southwest of its Jerritt Canyon mill in Nevada.


Base metals leave golds behind

U.S. stock markets were quiet during the report period Dec. 15-21, rising only slightly. The Dow Jones Industrial Average rose 82.98 points to 10,759.43.


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