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…




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…



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