Coming to a mine near you: ISO9000
What do Iron Ore Co. of Canada, Quebec Cassiar Mining, Bell Northern Research, Bombardier and Dupont Canada all have in common? They are all registered with ISO9000, a system of quality standards whic…
1993
Bitech to sell Nugget Pond gold property
According to a signed letter of intent, privately owned Noveder can acquire the Nugget Pond gold property from Bitech (ASE). Situated on Newfoundland’s Baie Verte Peninsula, the property has estimated…
BHP Minerals considering additional work on X-Cal’s claims in
Drilling has been carried out by BHP Minerals on three properties held by X-Cal Resources (TSE) along Nevada’s Battle Mountain trend. The 20-hole program provided an initial test of some targets and w…
NEWS ROUNDUP — Golden Star lists on American Exchange
Junior gold miner Golden Star Resources (TSE) has begun trading on the American Stock Exchange. The company, which recently moved to Denver, Colo., is mining and exploring for gold in the Guiana Shiel…
NEWS ROUNDUP — Comstate bids to take over Comaplex
Calgary-based junior Comstate Resources (TSE) has made a bid to buy all the issued and outstanding shares of Comaplex Resources (TSE). The Schaffhauser Kantonalbank of Switzerland and three directors …
LAST BUT NOT LEAST — Gaspesie reports titanium find
A mineralized zone of titanium and phosphate has been uncovered in the Baie Comeau area of Quebec’s North Shore, Gaspesie, Societe d’explorations petroliere et miniere (ME) reports. The mineralization…
New Ontario discharge levels
New Ontario government regulations will require mining companies operating in the province to reduce emissions of five toxic heavy metals and cyanide by an average of 40% by 1996. Mines and metal refi…
LETTERS TO THE EDITOR — Ignorance a threat to mining’s
The following came from recent conversations: “I’m sure they can find ore deposits in areas that are not environmentally sensitive.” (I tried to explain that areas do not become “environmentally sensi…
Gold Funds (September 27, 1993)
Gold Funds as of Sept. 21 BGR Central Net Value $12.78 $5.62 Price $11.00 $6.125 Discount 13.91% 9.0% Value $71,571,000 $110,858,213…
NEWS ROUNDUP — Teck, Equinox in Bolivia
A joint-venture agreement provides with US$500,000 in funding for three Bolivian properties. Teck (TSE) will provide funding by early 1994 and can maintain a 51% interest in any of the properties by f…
METAL PRICES — FREE MARKET (September 27, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Sept. 21 Sept. 20 Sept. 17 Sept. 16 Sept. 15 Copper 1739-1740 1754-1756 1759-1760 1936-1938 1927-1930 Lead 371-372 373-374 374-375 379-3…
Mexican mines minister pledges shared-risk exploration
On a recent visit to Sonora and Mexico states, the mines minister for Mexico demonstrated his government’s support for the mining industry. E.L. Thalmann presented Sonora Governor M.P. Beltrones with …