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 Stewart camp in northwestern British Columbia is abuzz this summer as work programs fly into full gear on several advanced projects. The largest is being carried out by Lac Minerals (TSE) on the R…
ALUMINUM: MW U.S. market US56.75-57.5 cents per lb. (Aug. 5, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992)…
A mill capable of processing 8,000 tons per day of non-oxidized and high-clay ores is being considered for the Round Mountain gold mine in Nevada, Echo Bay Mines (TSE) reports. The company owns half o…
Two separate drill programs are being carried out this summer by Newhawk Gold Mines (TSE) on the Sulphurets property, 60 km north of Stewart, B.C. Work on the 60%-owned Bruceside project is to focus o…
Semi-monthly reports as of July 31, showed 80,264,553 shares of 723 issues compared with 82,360,427 shares of 728 issues on July 15. Larger individual positions included: Aber 117,500, up 10,500; Agni…
The president of Glimmer Resources (VSE), George Kent, and the company have negotiated a $200,000 placement of 172,500 flow-through shares and 77,500 common shares at 80 cents per share. The share pri…
The Bakyrchik gold mine in northeastern Kazakhstan has a new investor. Bakyrchik Gold PLC, created by Minproc Holdings of Australia and Chilewich International of New York, has acquired a 40% interest…
A revised agreement between Athabaska Gold Resources (TSE) and Consolidated Ramrod Gold (TSE) has been approved by Royal Oak Mines (TSE). Royal Oak, which owns 3.4 million shares of Athabaska, tried t…
Shortly after acquiring an option on 72 claims in the Crescent Valley area of Nevada, Sentinel Resources (VSE) has vended the property to a third party. Portman Exploration (VSE) can earn a half inter…
Drilling is under way on the Sagar-1 property near Fermont, Que., report partners Virginia Gold Mines (ME) and Soquem. The program is designed to confirm the presence of a large zone of copper and pre…
A 48% investment in a Chilean boron company is causing plenty of headaches for Boron Chemicals International (VSE) and parent company Trans America Industries (VSE). Boron Chemicals recently negated i…
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