Glencairn purchases western property
Toronto-based junior Glencairn Exploration (ASE) has purchased a 100% interest in a 60-claim base metal property near Cranbrook, B.C. The claims are three kilometres southwest of a property where Cons…
News
Placer Dome names new CEO
After a far-reaching search, Placer Dome (TSE) appointed John Willson as president and chief executive officer to replace Anthony Petrina who resigned from both positions in mid-September of this year…
PRODUCER PRICES (November 30, 1992)
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Spot prices at a glance (November 30, 1992)
Week’s Price (US) Change Gold* $334.75 – $0.65 Silver* $ 3.76 – $0.01 Platinum* $356.25 + $2.75 Nickel** $ 2.47 + $0.04 Lead** $ 0.21 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.48 + $0.01 Courtesy of Scotiaba…
Soquem emphasis on Chibougamau area
A slowdown in mining exploration coupled with recent mine closures in the Chapais-Chibougamau region has forced the Quebec government’s mining exploration company Soquem to revise its exploration stra…
LETTERS TO THE EDITOR — Epp replies to resignation call
I would like to take this opportunity to respond to the article “Jake Epp should resign” (T.N.M. Sept. 21/92) by Steve Parry, speaking in his dual capacities as president of the Porcupine Prospectors …
EXPLORATION ’92 — LATIN AMERICA ROUNDUP — Kengate in
Construction of a rail line in Venezuela could benefit a Canadian company which has a 40% interest in a limestone quarry along the rail route. International Kengate Ventures (VSE) says its quarry, sit…
EXPLORATION ’92 — LATIN AMERICA ROUNDUP — Aronos uncovers
A new zone at the San Martin gold property at Llano Colorado in the Mexican state of Sonora is estimated to cover an area at least 300 metres by 400 metres, Aronos Multinational (CDN) reports. The com…
VSM, Serem plan major underground program for Grevet
An underground exploration program at the Grevet zinc project in northwestern Quebec is planned by VSM Exploration (ME) and Serem-Quebec. An agreement-in-principle has been reached by the two companie…
NEWS ROUNDUP — Kirkton swings deal with Phelps Dodge
An option to acquire an interest in the Shunsby copper-zinc-lead-silver property from Kirkton Resources (CDN) in the Swayze area southwest of Timmins, Ont., has been negotiated by Phelps Dodge Corp. o…
NEWS ROUNDUP — Aur dropping three properties
Aur Resources (TSE) has informed Consolidated Abitibi Resources (ME) that it will be terminating its option on three of Abitibi’s Val d’Or area properties. In order to earn a 51% interest in the Abiti…
Tribal lands
Early next month, nine Indian tribes will be at the 98th annual Northwest Mining Association convention in Spokane, Wash., to explain the benefits of prospecting on tribal lands. The Bureau of Indian …