Spot prices at a glance (March 22, 1993)
Week’s Price (US) Change Gold* $328.65 + $2.15 Silver* $ 3.66 + $0.09 Platinum* $348.45 + $3.45 Nickel** $ 2.68 – $0.04 Lead** $ 0.18 – $0.01 Copper $ 0.98 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…
Week’s Price (US) Change Gold* $328.65 + $2.15 Silver* $ 3.66 + $0.09 Platinum* $348.45 + $3.45 Nickel** $ 2.68 – $0.04 Lead** $ 0.18 – $0.01 Copper $ 0.98 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…
Gold Funds as of Mar. 16 BGR Central Net Value $8.84 $4.87 Price $6.88 $4.50 Discount 22.25% 7.6% Value $48,528,000 $75,709,350…
American gold producers — among them, many Canadian-controlled mines — are bracing themselves for a proposed royalty on hardrock mines in the U.S. As part of its economic program, the Clinton admini…
A recently completed private placement in Tombstone Explorations (VSE) gives Canarc Resource (VSE) an indirect interest in 35 mineral concessions making up 15 properties in Bolivar State, Venezuela. C…
Junior Cambiex Exploration has filed a preliminary prospectus with the Quebec Securities Commission for an offering of 5,000 units at $1,000 per unit. Each unit consists of 800 flow-through shares and…
A deal by which Lac Minerals (TSE) would have acquired control of an Irish zinc-lead deposit has fallen through. Lac was offering US$70 million for a 52.5% interest in the Lisheen property belonging t…
In return for a production royalty and advanced royalty payments, BHP Minerals Canada has leased PGE Resource’s (ASE) Bill’s Lake and Mechanic Settlement properties in New Brunswick. The Bill’s Lake c…
Anyox, B.C., was really a ghost town in those early days (late 1930s). The bank was boarded up, but the Elks Hall was open, where there was a piano to plunk on. Never did find the library, come to thi…
Drilling at the wollastonite property of Ressources Orleans (ME) in St-Onge Twp. in the Lac St-Jean area of Quebec has outlined a preliminary reserve of 8.7 million tonnes. President Jean-Guy Masse sa…
Renewed threats of a federal royalty on hardrock mines in the U.S. hurt the shares of some gold producers with operations south of the border during the week ended March 16. Hardest hit was American B…
With the acquisition of six properties covering 525,000 acres in the Northwest Territories, Caledonia Mining (TSE) has introduced a new twist to diamond exploration in the area. Pointing to the diamon…
Assays for hole 93-1 from the Asia Pacific project are encouraging, partners Starmin Mining (TSE) and Adex Mining (TSE) report. A 694-ft. intersection returned 0.45% copper (and gold values in the ran…
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