A placement worth $375,000 is expected from Ressources Kimex (ME), which plans to spend most of the proceeds on work at the Granada property in Rouyn and Beauchastel Twps. in northwestern Quebec. Kime…
Having bought a 51% interest from Lac Minerals (TSE), Equinox Resources (TSE) is now sole owner of Nevada’s Rosebud property. The company paid US$5.5 million for the interest, $3 million of which was …
Under an option agreement, the Keystone joint venture is expected to acquire a 55.2% interest in the Farley Lake gold project near Lynn Lake, Man. (Keystone is a partnership of Cazador Exploration (VS…
Partners Eurus Resource (VSE) and Crystallex International (VSE) have installed a ball mill that is expected to triple the capacity of the 100-tonne-per-day mill on the Albino gold concession in Venez…
There is something amiss in the diamond exploration game. It relates to the flow of information or, rather, the lack of it. Investors wait months for news of results. When drill results finally are an…
It was indeed good of you to tell your readers “Ignore Sarnoff’s diamond warning, exploration activity speaks for itself” (T.N.M., Aug. 2/93). Please permit me to speak for myself. When Dia Met made i…
The Vancouver Stock Exchange was in the news again as James Matkin’s provincially appointed inquiry listened to more assaults on the exchange’s credibility during a recent public hearing. William Pidr…
A limited production run is planned at the Johnny Mountain gold mine in northwestern British Columbia. International Skyline Gold (TSE) expects to mine and mill about 20,000 tons of material grading 0…
— Week — Aug 10 Aug 9 Aug 6 Aug 5 Aug 4 High Low Composite”300″ 4028.44 4002.20 3959.96 3947.58 3988.54 4028.64 3945.87 Metals&Minerals 3118.83 3035.02 3014.85 3025.10 3033.85 3126.25 3009.80 Integr…
The collapse of the Soviet Union has prompted a number of its former republics to seek non-traditional sources of capital to develop mining projects. In late July, a delegation from Kazakhstan visited…
Copper producer Phelps Dodge (NYSE) is benefiting from a hedging program that applies to about 45% of its projected 1993 output. The company reports that contracts with several financial institutions …
Underground drilling and development are under way at the Francoeur gold mine near Rouyn-Noranda, Que., Richmont Mines (TSE) reports. The work is aimed at defining the extension of existing zones and …
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