1993





Rea Gold brings new mine to production

Having survived as a junior for more than a decade, Rea Gold (TSE) is establishing itself as an operating company with the ability to construct and manage mines. Headed by James Hogan and a new manage…



NEWS ROUNDUP — Jarvis options Sudbury marble bet

Sudbury, Ont.-based Jarvis Resources (VSE) has optioned four separate claims in Grigg and Scadding twps., raising to 19 its claim units in the area. Former work on the properties has identified units …



Precious metals look for support

After the strong summer bull market, most precious metals have been losing ground as a result of profit-taking by speculators. The question is, after testing the downtrend line, will these metals even…


NEWS ROUNDUP — Soquem drills Douay prospect

The auriferous zone at the Douay property of Northern Abitibi Mining (ASE) in northwestern Quebec has been traced for more than 2,600 ft. along strike. Drilling by Soquem, the Quebec Crown exploration…


NEWS ROUNDUP — Cambior, Audrey in loan agreement

The parent company of Audrey Resources (TSE) has agreed in principle to provide Audrey with a loan facility worth up to $17 million. The loan from Cambior (TSE) will allow Audrey, which is developing …


PRODUCER PRICES (September 13, 1993)

ALUMINUM: MW U.S. market US53.75-54.50 centsper lb. (Aug. 26, 1993). ANTIMONY: MW New York dealer US76-80 centsper lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992)…


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