ROM raises $1.1 million
Pledges and donations worth $1.1 million have been received to construct the mineralogy and geology sections of the McLaughlin Earth Sciences Gallery at the Royal Ontario Museum (ROM). The project is …
News
Flow-through’s contribution positive, says PDAC
Is flow-through funding the magic formula that led to the discovery of billion of dollars worth of ore or another government scheme plundered for the benefit of the few? Once again the pros and cons a…
U.S. ROUNDUP — Glamis receives Baltic permits
After two years of engineering and permitting, Glamis Gold (TSE) has received construction and operating permits for the company’s Baltic project. The Baltic project is adjacent to the company’s Yello…
U.S. ROUNDUP — Silverspar acquires fluorite properties
Already active on a fluorite-silver project in Arizona, Silverspar Minerals (VSE) recently entered into an agreement-in-principle to acquire two fluorite properties elsewhere in the U.S. Fluorite is t…
STOCK MARKETS — Base metal stocks post healthy gain, gold
A mini-rally in the base metal mining sector resulted in a modest gain for The Toronto Stock Exchange during the week ended Dec. 1. In one of its best performances of the season, the metals and minera…
Labor dispute continues at Giant
Federal Labor Minister Marcel Danis was recently advised by two of Canada’s top labor experts that neither Royal Oak Mines (TSE) nor the union representing striking workers at the Giant mine has made …
LATIN AMERICAN ROUNDUP — Carson to acquire Venezuelan
A program of mapping, geochemistry and ground geophysics is being planned by Carson Gold (VSE) for early next year on the Morawana concession in Bolivar state, Venezuela. Already active in the South A…
MIM, Japanese partners approve McArthur River
Development of the zinc-lead-silver McArthur River joint venture in Australia’s Northern Territory has been given the green light. Construction of the underground mine, to be started in early 1993, wi…
Metal Prices — FREE MARKET (December 07, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 1 Nov. 30 Nov. 27 Nov. 26 Nov. 25 Copper 1427-1428 1450-1451 1450-1451 1419-142…
PEOPLE — BETHLEHEM RESOURCES
Brian Kynoch appointed president and chief executive officer. N5…
Canadians tour Vietnam mines
A delegation of Canadian mining engineers and geologists recently visited northern Vietnam to inspect mining installations and current mineral exploration projects. The group toured both precious and …
Dundee subsidiary withdraws offer
Bermuda-based Dundee International, a wholly owned subsidiary of Dundee Bancorp (TSE), has withdrawn its offer to purchase 100% of the outstanding shares of Knights Gold Mining. Knights is engaged in …