NEWS ROUNDUP — Goldpost to merge with Antares
A publicly traded company, to be known as Antares Mining & Exploration, will be formed through the amalgamation of Goldpost Resources (TSE) and privately owned Antares Mining & Exploration. Under the …
News
The bad news is Rio’s pulling out — A `good news’
It was a good-news/bad-news kind of week for the backers of the South Kemess project. First, a prefeasibility study on the South Kemess copper-gold project in north-central British Columbia predicts a…
More drilling for Cat Town in California
A second phase of drilling will begin shortly on the Cat Town polymetallic project in Mariposa Cty., Calif. Partners Atna Resources (VSE) and Laramide Resources (TSE) each hold half of an option to ac…
RCMP lays new Westray charges
New, more precise charges of criminal negligence and manslaughter have been laid against Curragh (TSE) and two former managers of the Westray coal mine in Nova Scotia. The latest charges were filed by…
NEWS ROUNDUP — Jarvis completes production trials
Vancouver-listed Jarvis Resources has completed production trials at its natural marble processing plant near Sudbury, Ont. The high-capacity automated processing lines, imported from Europe and insta…
PEOPLE — CHARLIM EXPLORATIONS
Bernard Imbeault appointed vice-president.
LETTERS TO THE EDITOR — Editor’s Note:
Investment newsletter writer Paul Sarnoff in his July 7 issue criticized Canadian diamond exploration. Clearly not a believer, Sarnoff said, among other things, it would be 100 years before a diamond …
EDITORIAL PAGE — This site condemned
Ontario’s Workers’ Compensation Board (WCB) is in the midst of erecting a $178-million Taj Mahal in downtown Toronto. At first blush, this might seem a bit odd. For it was the WCB that, only a few mon…
Losses mounting for Princeton
Red ink at the Similco Mines division continues to stain Princeton Mining (TSE), which lost $5.3 million in the second quarter ended June 30. Drooping copper prices and operational problems at its Sim…
New geochemical technique probes for deeper deposits
A Colorado-based laboratory has developed a geochemical exploration method capable of detecting mineral deposits buried under up to 1,000 ft. of overburden or cover rock. If the method proves legitima…
Repadre to list on Toronto exchange
Toronto-based Repadre Capital (VSE) has been granted conditional approval for a listing on the Toronto Stock Exchange. In other news, Repadre has received more than $250,000 in royalty payments from p…
PRODUCER PRICES (August 02, 1993)
ALUMINUM: MW U.S. market US55.50-56.50 cents per lb. (July 22, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…