Int’l Platinum halted pending assay check
The shares of International Platinum (IPC) have been halted from trading on the Toronto Stock Exchange pending an “independent verification” of recently reported assay results from its property in La …
News
Campbell divides time between Mexico and Quebec
For years, Campbell Resources (TSE) has been hobbled with a mixed bag of gold-copper, asbestos and coal investments. Profitability and a clean balance sheet were elusive. However, the past few years h…
Messeguay Mines options Loubel’s Burkina Faso ground
Montreal-based Messeguay Mines (ME) can earn interests in Loubel Exploration’s (ME) two properties in Burkina Faso, West Africa. Messeguay can earn 49% of the 314-sq.-km Dossi property, which hosts tw…
THE DIAMOND PAGE — Joint venture discovers diamonds in
Partners War Eagle Mining (VSE) and Great Western Gold (VSE) have discovered three diamondiferous kimberlite pipes on their 50-50 joint venture near Candle Lake, north of Fort a la Corne, Sask. The dr…
EDITORIAL PAGE — Anticipation
There are about three hundred economists in the world who are against gold, and they think that gold is a barbarous relic — and they might be right. Unfortunately, there are three billion inhabitants…
Adrian discovers gold in Panama
A gold discovery by Adrian Resources (TSE) is enhancing the overall mineral potential of the company’s land package in Panama. The discovery was made on La Petaquilla, a property which already hosts a…
Hope Brook mine enables Royal Oak to boost earnings
Owing to a full year’s output from the Hope Brook mine in southwestern Newfoundland, Royal Oak Mines (TSE) produced 13% more gold in 1993 than in 1992. The company turned out 276,320 oz. from its thre…
Perron honored
The chief executive officer of Deak Resources, Alex Perron, received a gift from Nova Scotia at the recent PDAC convention in Toronto. The gift is a hand-painted 18-inch china plate edged with 24-cara…
Drilling boosts La Fortuna project
Recent drilling has left San Fernando Mining (VSE) confident that it can prove up a significant gold-silver-copper deposit on its La Fortuna mine project in Mexico. The road-accessible property is in …
Gold Reserve gets more financing
Having just negotiated a private placement of one million special warrants in February, Gold Reserve (TSE) reports that the underwriters have exercised their option for an additional million special w…
NEWS ROUNDUP — Losses continue for Northgate
It was another bleak year for Northgate Exploration (TSE). The company reported an unaudited loss for fiscal 1993 of $7.5 million or 26 cents per share, compared with a loss of $8.3 million or 30 cent…
Russian diamond expert shares expertise with Canadians
Dr. Felix Kaminsky, director of the Moscow-based Institute of Diamonds, is justifiably proud of the diamond expertise established by Russian scientists during the latter half of this century. In the p…