Corrections (October 04, 1993)
The Great Diamond Debate, reported on in a story last week, failed to mention that the conference was the Las Vegas “Investment in Mining Conference” held in Las Vegas, Sept. 15-18.
1993
Silver Ridge plans 5,000-ton sample
International Silver Ridge Resources (VSE) is proposing to bulk-sample 5,000 tons from the Iron Colt project in the historic Rossland camp of southern B.C. The company has acquired a half interest in …
Metals sub-index moves up in July
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index edged up in July alongside somewhat stronger prices for copper, aluminum, gold and silver. However, economist Patrici…
NEWS IN BRIEF (October 04, 1993)
Weaco Resources (WEO:VSE) has changed its name to Hayden Resources (HRL:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Pacific Corporate Trust.
Conference marks 40th anniversary of Bathurst camp
This year marks the 40th anniversary of what was, at the outset, one of the best-kept secrets in Canadian mining history — the discovery of base metals in Bathurst, N.B. Although the Brunswick No. 6 …
EDITORIAL PAGE — Is there no justice?
It was with sorrow that we learned recently of the death of television icon Raymond Burr. The Canadian actor will always be remembered for his role as that winningest of lawyers, Perry Mason. His demi…
Miramar approves Con acquisition
Directors of Miramar Mining (VSE) approved a previously announced acquisition from Red Lion Management of the Nerco Con underground gold mine. Nerco (NYSE), owner of the mine, will receive US$25 milli…
NEWS ROUNDUP — Ecudor revises Dona Lake agreement
A revision has been made to an agreement allowing Societe Miniere Ecudor (ME) to earn a 49% interest in the Dona Lake mine, near Pickle Lake, Ont. The Rouyn-Noranda, Que.-based company acquired a 9% i…
Treminco plans winter drilling in N.W.T.
Recent field programs by the Yellowknife Greenstone Belt Syndicate have indicated the potential for large, shear-hosted gold deposits on properties near Yellowknife, N.W.T. Treminco Resources (TSE) ha…
Toronto Stock Exchange Indices (September 27, 1993)
— Week — Sept 21 Sept 20 Sept 17 Sept 16 Sept 15 High Low Composite”300″ 3937.33 3952.80 3978.31 3988.06 3967.89 3990.76 3947.79 Metals&Minerals 2824.52 2824.22 2881.87 2953.95 2960.12 2965.21 2787….
COUNTRY REPORT — The African nation of Zambia counts on its
Zambia is counting on its copper industry to remain a major source of foreign exchange and employment. The government of Frederick Chiluba says copper will continue to be the mainstay of the Zambian e…
High River options ground near Snow Lake
Under an agreement between High River Gold Mines (TSE) and Manitoba mining consultant Bruce Dunlop, High River can acquire two properties next to its Snow Lake gold project in northern Manitoba. One o…