Eden Roc Mineral continues drilling
While one drill focused on near-surface exploration on Eden Roc’s (TSE) Ivory Coast property, a second has been defining the Brahima deposit in preparation for mining startup this fall. The Brahima is…
1994
ODDS’N’SODS — Survey control underground essential to
Survey control in underground mines is essential to ensuring the efficiency of mining systems. I vividly recall my first venture into a mine, in the early years of the Second World War, at the Red Ros…
CANMET lab officially opened
The Canada Centre for Mineral and Energy Technology (CANMET) has opened a mining research laboratory in Sudbury, Ont. Situated on Kelly Lake Road, the new lab will carry out research in rockbursts, ba…
TSE SHORT POSITIONS (June 13, 1994)
Semi-monthly reports as of May 15, 1994 showed 262,385,709 shares of 853 issues compared with 243,833,036 shares of 818 issues on Apr 30, 1994. Larger individual positions included: Aber 132,800, down…
Exploration picks up in Utah’s Tintic district
Exploration activity appears to be picking up steam in Utah’s Tintic district. The camp was formerly among the most prolific in the state, having produced nearly 3 million oz. gold, more than 300 mill…
Cambior on Amex
Gold producer Cambior (TSE) expects its shares will begin trading on the American Stock Exchange (Amex) by the end of June following the recent approval by New York-based Amex for the listing of the c…
NEWS ROUNDUP — Columbia examines Chinese projects
China’s mineral potential appears to have captured the interest of Columbia Gold Mines (VSE). The Vancouver-based junior recently visited the country and carried out field examinations and technical r…
Chesbar, VenCan to join forces
Two Toronto-based juniors — Chesbar Resources (ME) and VenCan Gold (ME) — plan to combine their property interests in Venezuela. Details of the proposed amalgamation will be released shortly. If all…
LAST BUT NOT LEAST — Kenrich and Ambergate to merge
Two Vancouver-listed juniors, Kenrich Mining and Ambergate Explorations, will merge following the collapse of a 3-way merger agreement with Gitennes Exploration (ASE). Shareholders of Kenrich and Ambe…
Wilderness group sues DIAND, Westmin over Yukon exploration
The Canadian Parks and Wilderness Society (CPAWS), represented by the Sierra Legal Defence Fund, has filed a lawsuit against the federal government and Westmin Resources (TSE) related to the company’s…
COMMENTARY — The future of nuclear power
Saskatoon, Sask.-based Cameco is a uranium company, and as such its prospects are tied to the future of nuclear power. About 17% of the world’s electrical needs are met by nuclear reactors. Forecasts …
Spot prices at a glance (June 13, 1994)
Week’s Price (US) Change Gold* $381.90 – $5.35 Silver* $ 5.33 – $0.21 Platinum* $397.35 – $4.90 Nickel** $ 2.87 + $0.03 Lead** $ 0.23 $0.00 Copper $ 1.06 + $0.04 Zinc $ 0.43 $0.00 Courtesy of Scotiaba…