Latin American gold
Latin American Gold: Transactions and Opportunities, second edition, published by Metals Economics Group, P.O. Box 2206, Halifax, N.S. B3J 3C4. US$4,500. The publication provides a view of current gol…
News
Correction (May 31, 1993)
The treasurer of Lac Minerals is Michael Smyth, not Michael Kennedy as reported in our May 24 edition.
Mahogany drilling
Vancouver-based International Mahogany (TSE) plans to drill 12 holes totaling 11,000 ft. on the Southern Cross gold property in Montana. The program will test deep structural and geophysical skarn tar…
ODDS’N’SODS — High-rolling miners push their luck in Reno
Some time ago, I was surprised to read in the Miner that my good friend and client Charlie Robbins had passed away. The news recalled to my mind the following story which will not surprise anybody fam…
Aurizon, Louvem exploring Beaufor play
Exploration and development of quartz veins on the Beaufor property near Val d’Or, Que., will soon be in high gear now that Aurizon Mines (ME) and Louvem Mines (ME) have joined forces. The two compani…
Uranium report due in October
A report on three proposed uranium mining projects in Saskatchewan will be complete by Oct. 15, says Canadian Press. Donald Lee, chairman of the panel studying the developments, estimated the panel ha…
Cusac plans drilling on Table Mountain
A 2,000-ft drill program is planned by Cusac Industries (TSE) to further explore the Table Mountain property near Cassiar, B.C. Crews are being mobilized and a camp established to allow the 7-hole dri…
Diamond players coy about spending — NWT survey reveals
Exploration expenditures in the Northwest Territories are expected to surpass $52 million this year, according to the annual survey of the N.W.T. Chamber of Mines. This level easily surpasses the $38….
Metal Prices — FREE MARKET (May 31, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 25 May 24 May 21 May 20 May 19 Copper 1190-1191 1178-1179 1183-1184 1176-1177 11…
LETTERS TO THE EDITOR — Regulatory obstacles frustrating
Clearly, bureaucratic gridlock in all of Canada has not reached epidemic proportions if the logical and creative plans of Royal Oak’s Hope Brook mine to add a copper flotation circuit can be accomplis…
PEOPLE — INTERTECH MINERALS (May 31, 1993)
Victor Taylor elected president; Randall Dinning appointed director.
Sikaman Gold sale nets $1 million
Toronto-listed Sikaman Gold Resources has sold Monk Gold Resources (ASE) a 37.5% interest in the Sol Wood mine and a 50% stake in the Seneca gold project for $1 million cash. Monk must pay $300,000 by…