News

There was mixed news from Saskatchewan as the provincial government announced its decision on the development of three proposed uranium mines in the north. Environment and Resources Minister Berny Wie…

Significant court rulings in 1993 included an appeal decision concerning the Brookbank gold project in northwestern Ontario and the Seabright case in Nova Scotia. In a decision by the Ontario Court of…

By the end of 1995, Freeport-McMoRan Copper & Gold (NYSE) expects to have expanded its mine and mill in Indonesia. An expansion to 115,000 from 66,000 tonnes per day is planned. The completion is to b…

Placer Dome Canada, the new business unit of Placer Dome (TSE), is poised for a busy year in 1994. Thats when the unit will oversee a $12-million program to advance the Musselwhite gold property in th…

Weeks Price (US) Change Gold* $385.65 – $0.75 Silver* $ 5.09 + $0.09 Platinum* $388.50 + $3.00 Nickel** $ 2.42 + $0.02 Lead** $ 0.22 + $0.01 Copper $ 0.82 + $0.01 Zinc $ 0.44 – $0.01 Courtesy of Scoti…

The Vancouver Stock Exchange had such a good year in 1993 that it surpassed trading records set in the boom-and-bust year of 1987. Volume for the year was more than 5.7 billion shares, compared with t…

Week Dec 28 Dec 27 Dec 24 Dec 23 Dec 22 High Low Composite”300″ 4288.85 N/A N/A 4246.39 4226.85 4289.15 4213.20 Metals&Minerals 3505.54 N/A N/A 3444.38 3421.08 3512.52 3399.50 Integrated Mines3673.53 …

Having completed geophysics and soil sampling, Manor Resources (ASE) plans to begin drilling at its Virginia gold property near Gander, Nfld. The surveys identified four zones of potential mineralizat…

Junior Corner Bay Minerals (TSE) can acquire two concessions in the famed San Francisco del Oro-Santa Barbara mining district in Mexico. The area totals 369 hectares and is near Parral, in the state o…

Michael Lilly appointed director.

Paul Jackson appointed vice-president, exploration.

Edward Dowling appointed vice-president, downstream operations.