1993

NEWS ROUNDUP — Permit obtained for San Juan mine

Obtaining a permit to build and operate a mine in California was relatively easy for Siskon Gold (NASDAQ). The junior recently obtained approval to construct its San Juan gold mine, only a year after …



OBITUARY — Vaino Ronka

A key figure in the development of geophysical systems, Vaino Ronka, has died. A native of Finland, Ronka studied communications engineering and later geophysics at a university in Helsinki. After gra…


Toronto Stock Exchange Indices (June 21, 1993)

— Week — Jun 15 Jun 14 Jun 11 Jun 10 Jun 9 High Low Composite”300″ 3887.79 3872.16 3866.49 3875.44 3859.72 3887.79 3851.86 Metals&Minerals 2914.14 2945.07 2935.13 2967.23 2931.33 2970.44 2908.51 Int…


Echo Bay granted Alaskan permit

Clearing its first major hurdle in Alaska, Echo Bay Mines (TSE) has received a permit from the city of Juneau to proceed with development of the A-J mine, Chairman Robert Calman told shareholders at t…


Exall increases technical staff in Mexico

Re-activated just over one year ago, Exall Resources (TSE) now has more than 20 employees operating out of its Mexican office, Vice-president of Exploration Peter Holmes told shareholders at the annua…


NEWS ROUNDUP — San Andreas funds Prairie Creek

A private placement has been arranged by San Andreas Resources (VSE) to fund ongoing work at its Prairie Creek project, 500 km west of Yellowknife, N.W.T. Recent work has focused on a flat-lying, stra…



Cathedral acquires option on Guyana property

Increased prices of Venezuelan concessions have prompted junior companies to investigate opportunities in neighboring Guyana and Suriname. A recent entrant, Cathedral Gold (TSE), acquired an option to…



USMX active in Puerto Rican copper-gold deposit

An advanced copper-gold deposit in Puerto Rico will be further tested this year by a drilling and metallurgical program funded by USMX (NASDAQ). The company recently acquired an approximate 50% equity…


Metals sub-index off sharply in April

A sharp drop in copper and potash prices in April led to a new cyclical low for the metal and mineral sub-index of the Bank of Nova Scotia’s commodity price index. Base metal prices continue to be pla…


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