WAMIC’s gala
To raise funds this year, the Women’s Association of the Mining Industry of Canada (WAMIC) in Toronto will host “Las Vegas Night” Nov. 6 at the Granite Club, 2350 Bayview Avenue. Participants can win …
News
Diamond issues are active but market indices decline
Companies with ground positions in the Lac de Gras region of the Northwest Territories or active in diamond exploration elsewhere took top spots on western markets during the report period ended noon,…
Spot prices at a glance (September 07, 1992)
Week’s Price (US) Change Gold* $340.40 + $0.05 Silver* $ 3.72 + $0.07 Platinum* $355.50 + $6.00 Nickel** $ 3.25 – $0.05 Lead** $ 0.29 – $0.01 Copper $ 1.13 – $0.01 Zinc $ 0.64 + $0.01 Courtesy of Scot…
DIAMOND GEMS — A collection of unconfirmed reports
. . . Monopros, the Canadian arm of De Beers, has moved a drill rig onto its diamond claims near Hardy Lake, N.W.T. The cash-rich explorer is expected to follow up results of soil samples that fill, o…
METAL PRICES — FREE MARKET (September 07, 1992)
341.70(342.65) NA 340.00(340.50) 339.00(338.75) 338.50(340.35) Gold … Bank of Nova Scotia, noon bid/ask $US per oz. 340.50-344.00 341.50-345.00 338.00-341.50 337.00-340.50 337.00-340.50 Silver … L…
MINER DETAILS — Cold water on diamond fever
Diamonds being “the only game in town,” Vancouver brokers turned out in droves for a recent presentation on diamond exploration in North America, featuring talks by Christopher Jennings and others act…
Ontario appoints lands commissioner
Appointed Ontario’s new mining and lands commissioner in August was Linda Kamerman. The commissioner performs both administrative and judicial duties under the Mining Act. Kamerman’s job also entails …
FINANCING (September 07, 1992)
Sundance Res. Ltd. – 2,200,000 shs with 200,000 guaranteed (initial shs) @ 23 cents per sh and 2,000,000 shs on a Best Efforts basis (“remaining shs”) @ prevailing market price subject to a minimum of…
Arbor options Yukon projects
An undisclosed senior mining company recently signed a letter-of-intent option agreement on the Lone Star property and other mineral claims held by Arbor Resources (VSE) in the Klondike gold camp of D…
SouthernEra buying into diamond mine
As predicted at its annual meeting in June, SouthernEra Resources (TSE) has completed negotiations to acquire an interest in an intermittent diamond producer in South Africa. Along with partners Dryde…
Wheaton strikes new Ketza deal
The Ketza River property in the Yukon is being purchased by Wheaton River Minerals (TSE) under a renegotiated agreement with Canamax Resources (TSE). Under the agreement, Wheaton has assumed responsib…
Waddy drills Komis gold deposit
Drilling is under way on Waddy Lake Resources’ (TSE) Komis gold deposit in the Byers mineral belt northeast of La Ronge, Sask. Waddy plans to complete 10,000 ft. to confirm and expand reserves of 562,…