Libby project drilling planned
Drilling is expected to begin in early October on the Libby property to test zinc-lead targets. The project straddles the border near Trail, B.C., and includes the nearby Lead Hill mine property as we…
News
Fipke `really happy’ with diamonds’ quality — Economic pipes
Partners Dia Met Minerals (TSE) and BHP Minerals Canada appear to have three economic diamondiferous kimberlite pipes on their land package in the Lac de Gras region of the Northwest Territories, plus…
Antares lists on TSE
Shares of Antares Mining and Exploration, which recently merged with Goldpost Resources, have begun trading on the Toronto Stock Exchange. The debt-free company has $5.5 million in cash and 14.6 milli…
Coming to a mine near you: ISO9000
What do Iron Ore Co. of Canada, Quebec Cassiar Mining, Bell Northern Research, Bombardier and Dupont Canada all have in common? They are all registered with ISO9000, a system of quality standards whic…
Bitech to sell Nugget Pond gold property
According to a signed letter of intent, privately owned Noveder can acquire the Nugget Pond gold property from Bitech (ASE). Situated on Newfoundland’s Baie Verte Peninsula, the property has estimated…
BHP Minerals considering additional work on X-Cal’s claims in
Drilling has been carried out by BHP Minerals on three properties held by X-Cal Resources (TSE) along Nevada’s Battle Mountain trend. The 20-hole program provided an initial test of some targets and w…
NEWS ROUNDUP — Golden Star lists on American Exchange
Junior gold miner Golden Star Resources (TSE) has begun trading on the American Stock Exchange. The company, which recently moved to Denver, Colo., is mining and exploring for gold in the Guiana Shiel…
NEWS ROUNDUP — Comstate bids to take over Comaplex
Calgary-based junior Comstate Resources (TSE) has made a bid to buy all the issued and outstanding shares of Comaplex Resources (TSE). The Schaffhauser Kantonalbank of Switzerland and three directors …
LAST BUT NOT LEAST — Gaspesie reports titanium find
A mineralized zone of titanium and phosphate has been uncovered in the Baie Comeau area of Quebec’s North Shore, Gaspesie, Societe d’explorations petroliere et miniere (ME) reports. The mineralization…
New Ontario discharge levels
New Ontario government regulations will require mining companies operating in the province to reduce emissions of five toxic heavy metals and cyanide by an average of 40% by 1996. Mines and metal refi…
LETTERS TO THE EDITOR — Ignorance a threat to mining’s
The following came from recent conversations: “I’m sure they can find ore deposits in areas that are not environmentally sensitive.” (I tried to explain that areas do not become “environmentally sensi…
Gold Funds (September 27, 1993)
Gold Funds as of Sept. 21 BGR Central Net Value $12.78 $5.62 Price $11.00 $6.125 Discount 13.91% 9.0% Value $71,571,000 $110,858,213…