1993

Prospects for a recovery in demand for most industrial raw materials have faded outside the United States, says the latest Economist Intelligence Unit (EIU) World Commodity Forecast. “Hard commodities…

A long-awaited summary of Dia Met Minerals’ (TSE) diamond exploration plans for the Northwest Territories was released recently. As previously reported, Dia Met and partner BHP Minerals Canada will bu…

The first commercial sale of manganese ore production from the Burkina Faso mining project in Africa has closed, InterStar Mining Group (CDN) reports. The 10,000-tonne purchase order was processed by …

Reserves have decreased at Cameco’s (TSE) mineral properties in Saskatchewan. As of Jan. 1, 1993, the company’s share of uranium reserves from five deposits was 460 million lb. U3O8. This represents a…

Times are a-changing for everyone. What used to be considered the frontier lands of northern Canada have today been, if not tamed, then slightly subdued by civilization. Political events both at home …

Metallurgical testing is proceeding on a 1,200-lb. sample of material from the Chaucha deposit. Kookaburra Resources (VSE) can earn a 50% interest in the Ecuador project from AG Armeno Resources (VSE)…

Semi-monthly reports, as of Feb. 28, showed 54,644,263 shares of 620 issues compared with 50,894,685 shares of 621 issues on Feb. 15. Larger individual positions included: Aber 61,200, up 30,500; Adex…

Vancouver-based Treminco Resources (TSE) has acquired 28 square miles of claims within the Yellowknife greenstone belt in the Northwest Territories through staking, transference of mineral rights and …

Based on last year’s exploration results, Hemlo Gold Mines (TSE) will drill five holes totalling between 1,640 and 2,460 ft. on the Kli Yul property, held 55% by Vital Pacific Resources (VSE) and 45% …

Western markets continued to advance during the period ended March 9, with the Vancouver Stock Exchange resource index posting a 13.53-point gain to 827.15 and the composite index adding a more modest…

Proven and probable reserves at the end of 1992 stood at 19.5 million oz., down 600,000 oz. from the previous year-end, Newmont Gold (NYSE) reports. Reserves added in 1992 amounted to 2 million oz. Ho…

A trio of top managers at Thunderwood Resources (TSE) recently took a large share position in the junior explorer. According to the Ontario Securities Commission’s OSC Bulletin, Chairman James Gill bo…