Black Cliff studies recycling plant
Toronto-based Black Cliff Mines (TSE) has initiated a feasibility study regarding the economics of establishing a plastics recycling plant in Nova Scotia. Black Cliff is already involved in this line …
News
Spot prices at a glance (February 24, 1992)
Week’s Price (US) Change Gold* $352.35 $4.00 Silver* $ 4.06 $0.14 Platinum* $358.50 $9.00 Nickel** $ 3.67 + $0.16 Lead** $ 0.23 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.50 $0.00 Courtesy of Scotiabank. In…
Crystal Peak awaits permits
Management of Polestar Exploration (VSE) is putting some of the blame for the loss of its listing on NASDAQ on continued delays in receiving operating permits for the Crystal Peak garnet quarry near H…
Falco’s Collahuasi rivals Escondida as top copper find
Recent surface and underground exploration on Falconbridge’s Collahuasi project in northern Chile has uncovered a copper reserve that could rival Escondida, one of the largest copper deposits in the w…
Ontario target of Hemlow’s main exploration effort
While other Toronto-based companies are flocking to less-regulated environments, Hemlo Gold Mines (TSE) plans to spend about 40% of its $15 million, 1992 grassroots budget on gold projects in Ontario….
LETTERS TO THE EDITOR (February 24, 1992)
Your front-page story (T.N.M., Feb. 10/92), especially the reference to the Prospectors and Developers Association of Canada (PDAC) endorsing the continued role of Shelley Martel as Ontario’s minister…
Monk leases Surluga mill
Monk Gold and Resources (ASE) plans to have the Surluga mill near Wawa, Ont., up and running sometime this spring after reaching a lease-to-purchase agreement with owner Citadel Gold Mines (TSE). The …
Aur set to drill on Joutel property
Toronto-based Aur Resources (TSE) will begin drilling this week on Joutel Resources’ (TSE) 26-claim copper-zinc property near Joutel in northwestern Quebec. With the right to earn a 70% project intere…
METAL PRICES (February 24, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 18 Feb 17 Feb 14 Feb 13 Feb 12 Copper 1266-1267 1243-1244 1253-1254 1255-1256 12…
KWG and SEG drill Granada
An ongoing exploration program at the Granada property six miles southwest of Rouyn-Noranda, Que., is focusing on shallow surface drilling (to 100 ft.) of the No. 1 and 2 vein systems, KWG Resources (…
NEWS ROUNDUP (February 24, 1992)
The deepest hole yet drilled on Glencairn Explorations’ (ASE) Goodfish property near Kirkland Lake, Ont., has encountered 25 ft. of gold-bearing mineralization. The mineralized zone, which was logged …
Vancouver Stock Exchange (February 24, 1992)
Although the VSE’s composite index managed a gain of 11.25 points to finish at 665.05 for the week ended Feb. 18, the resource index remained virtually unchanged at the 523-point level. A lack of furt…