News

London Metal Exchange Spot closing prices in $US per tonne Date April 5 April 4 April 1 Mar. 31 Mar. 30 Copper 1892-1893 N/A N/A 1876-1877 1876-1877 Lead 442.5-443.5 N/A N/A 444.5-445.5 448.5-449.5 Zi…

Beleaguered Westmin Resources (TSE) suffered a net loss of $27 million in 1993, compared with a loss of $18.1 million in the previous year. The results were affected by an ongoing labor dispute at its…

In 1993, Placer Dome’s (TSE) share of gold production totaled 1.8 million oz. at an average cash production cost of US$184 per oz., compared with US$189 in the previous year. The company’s share of pr…

With domestic work for Canadian geoscientists having diminished over recent years, many individuals and companies are being forced to broaden their horizons and search for opportunities outside the co…

Amalgamation of Espalau Mining (ME) and Bachelor Lake Gold Mines (ME) has been approved by corporate directors. They also approved the issuance of Espalau shares to Bachelor shareholders in the ratio …

Partners BHP Minerals Canada and Dia Met Minerals (TSE) have applied to drive a decline and bulk-sample a third kimberlite pipe at their diamond project near Lac de Gras in the Northwest Territories. …

Simon Fraser died recently while riding his horse on his beloved grounds in Scotland. I met Simon for the first time during the second half of the sixties. We were both involved in a fund investing in…

Darryl Drummond appointed director and vice-president, explorations.

Marshall Bertram appointed executive vice-president.

James Yates appointed president and director; Robert Quartermaine and H. Gill appointed directors.

Larry McLean appointed director.

Three years ago, a unit of Placer Dome (TSE) formed a joint venture with Corporacion Venezolana de Guayana (CVG) to evaluate Las Cristinas, a group of properties in Venezuela’s Kilometre 88 district. …