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EDITORIAL PAGE — 1993 report card

This was the year the world came knocking on Canada’s mining door. Representatives from countries around the globe came to entice Canadian explorers abroad. They came for our mine-finding and mine-bui…



Nucore, New Aegis plan Venezuelan work

A second phase of work is planned for the NCJ gold concession in east-central Venezuela. A 1993 program by owners Nucore Resources (VSE) and New Aegis Resources (VSE) focused on geochemical and geophy…


Heath in Cuban drilling venture

An affiliate of Heath & Sherwood Drilling (1986), Heath & Sherwood International of Willowdale, Ont., has formed a joint venture with Geominera S.A. to provide contract exploration drilling services f…



Giveaways hurting zinc industry

The American Zinc Association has charged the U.S. defence department with selling stockpiled zinc at prices below the market. The zinc sold from that nation’s strategic stockpile has cost taxpayers m…




GOLD FUNDS (December 27, 1993)

Gold Funds as of Dec. 21 BGR Central Net Value $15.73 $6.53 Price $14.75 $7.125 Premium 9.1% Discount 6.22% Value $88,098,000 $128,957,513…


Spot prices at a glance (December 27, 1993)

Week’s Price (US) Change Gold* $386.40 + $0.50 Silver* $ 5.00 $0.10 Platinum* $385.50 + $0.25 Nickel** $ 2.40 + $0.05 Lead** $ 0.21 + $0.00 Copper $ 0.81 + $0.03 Zinc $ 0.45 + $0.01 Courtesy of Scotia…


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