A helicopter crash on March 24 claimed the lives of Robert Hewton, 47, and Christopher Westerman, 49. The well-known Canadian exploration geologists died in Ecuador where they were evaluating mineral …
The metal and mineral sub-index of Scotiabank’s commodity price index rose again in February alongside firmer prices for base metals. London Metal Exchange (LME) copper prices have strengthened from a…
Vancouver-listed Minefinders has outlined four gold zones on its two properties in Randolph Cty., N.C. A 5,000-ft. program of reverse circulation drilling on the Sawyer property confirmed the existenc…
Junior gold producer Aurizon Mines (TSE) reported revenues for the first time in its history. In 1993, total revenue was more than $5.7 million, representing six months of operations from the company’…
Two studies by Brazil’s national mining department indicate a sharp decline in garimpeiros activity. The U.S. Bureau of Mines reports that the number of garimpeiros in Brazil has fallen to 400,000 fro…
Although it is only a matter of months before Kennecott Canada releases results from its bulk sampling program on the Tli Kwi Cho (DO-27) kimberlite, several of the major’s junior partners are continu…
Three new shallow copper oxide zones have been discovered by Minera Rayrock (TSE) on the company’s Sierra Valenzuela copper property in Chile. The Esperanza, Brac and Ancla were discovered with a shor…
Year-end results for 1993 were reported by BGR Precious Metals (TSE), a closed-end investment firm specializing in precious metals investments. BGR had an increase in net assets to $93.5 million for t…
Continuing uncertainty on major markets combined with a US$6-per-oz. drop in the price of gold to the US$378 level left the Vancouver Stock Exchange resource index down over 20 points at 1,793.13. The…
An agreement has been reached between GeoNova Explorations (VSE) and Serem Quebec that will enable GeoNova to acquire a 60% undivided interest in 59 claims held by Serem in northwestern Quebec. The pr…
Week’s Price (US) Change Gold* $379.20 – $5.90 Silver* $ 5.34 – $0.19 Platinum* $398.75 – $9.00 Nickel** $ 2.52 + $0.03 Lead** $ 0.21 + $0.01 Copper $ 0.85 $0.00 Zinc $ 0.43 + $0.01 Courtesy of Scotia…
The geology department of Laurentian University in Sudbury, Ont., and the Ontario Geological Society (OGS) will establish a co-operative graduate Mapping School program. The program is intended to tra…
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