ODDS’N’SODS — Another quiet giant of mining
A previous article (T.N.M., Nov. 15/93) concerned the late Randy Mills (or “RPM,” as I call him), a fantastic promoter and financier in the period 1950-1976. He was a great man and a quiet giant among…
News
DIAMOND PAGE — Diavik results give further boost to Lac de
The Diavik project in the Northwest Territories has received some encouraging news. Analysis of kimberlite from the C-13 target returned 15 macrodiamonds and 40 micros from five holes and 269 kg of co…
TSE Short Positions (February 07, 1994)
Semi-monthly reports as of Jan 15, 1994 showed 82.1 million shares of 826 issues compared with 69.1 million shares of 800 issues on Dec 31, 1993. Larger individual positions included: Aber 151,000; Ag…
NEWS ROUNDUP — KRL-SEG venture hits gold on Decker
Vancouver-listed KRL Resources has drilled five holes on the Decker option in the Shining Tree area of northeastern Ontario. The first hole intersected 0.47 oz. gold per ton over 7.5 ft. and 0.047 oz….
LAST BUT NOT LEAST — Armada tests Siberian gold tailings
A wholly owned subsidiary of the former Armada Gold (ASE), Trans Pacific Resources Group, is planning a drill program on a gold tailings project in southeastern Siberia. Trans Pacific controls 49% of …
IGR options Ghana concession
CDN-listed International Gold Resources (IGR) has entered an option agreement with Adjumadium Mining to acquire a 51% participating interest in a 50-sq.-mile concession in Ghana, West Africa. The agre…
STOCK MARKETS — Gold and Silver Index adds to TSE’s
The Toronto Stock Exchange just keeps galloping along. January was the most active month ever, with 1.6 billion shares worth $19.8 billion changing hands. For six days, the daily value topped $1 billi…
Spot prices at a glance (February 07, 1994)
Week’s Price (US) Change Gold* $384.95 + $3.95 Silver* $ 5.28 + $0.20 Platinum* $392.00 + $11.40 Nickel** $ 2.68 + $0.09 Lead** $ 0.23 $0.00 Copper $ 0.86 + $0.03 Zinc $ 0.46 + $0.01 Courtesy of Scoti…
Geologists study Purcell Basin
Details have been made available of a geological symposium held in Whitefish, Mont. last summer. More than 100 geologists convened at the northwestern lake resort to share information on exploration o…
Drill results rejuvenate gold project
A 16,000-ft. drill program by Teck (TSE) is returning attention-grabbing gold values from the Thunder Lake West gold prospect near Dryden, Ont. The first infill hole intersected 0.89 oz. gold per ton …
NEWS ROUNDUP — MSV producing at Chibougamau
Toronto-listed MSV Resources has released production figures for the fourth quarter. The Montreal-based company produced 12,700 oz. gold and 3.5 million lb. copper from 126,726 tons of material. The c…
NEWS IN BRIEF (February 07, 1994)
Dencam Development (DNM:VSE) has changed its name to Consolidated Dencam Development (CMO: VSE) on a 1-new-for-2.5-old-share basis.