Reflecting its increased activities in Jamaica, Orvana Minerals (VSE) has opened an office in Kingston and hired additional staff. Recently, it resumed exploring the Central Inlier property. The progr…
An additional 272 square miles of land have been secured by Eden Roc Mineral (TSE), surrounding the gold-producer’s existing exploitation permits in Ivory Coast, West Africa. The company has increased…
Adex Mining (TSE) says it will sell two million units at 49 cents per unit to Cabot Resources (VSE). Each unit consists of one common share and one non-transferable share purchase warrant exercisable …
Price (US) Week’s Change Gold* $337.55 + $0.40 Silver* $ 3.90 + $0.11 Platinum* $362.00 + $1.40 Nickel** $ 2.70 – $0.03 Lead** $ 0.19 $0.00 Copper $ 0.90 – $0.02 Zinc $ 0.47 + $0.02 Courtesy of Scotia…
More than 98% of the outstanding common shares of Dundee Capital were tendered under an issuer bid, Dundee Bancorp (TSE) reports. Once the shares tendered are canceled, Dundee Bancorp will own 99.8% o…
A 100% interest in a gold and diamond concession application in the Anacoco area of the Venezuelan state of Bolivar has been acquired by Athlone Resources (VSE). The rights for the 800-hectare propert…
The board of directors of the Canadian Mining Hall of Fame has issued its yearly call for nominations that will lead to the induction of a new group of individuals early in 1994. Since its inception i…
The president and chief executive officer of Kennecott is retiring in June. Frank Joklik will be succeeded by Robert Cooper, the current chief operating officer. Joklik has headed Kennecott, a wholly-…
The Red Dog zinc-lead mine in northwest Alaska has proved challenging for Cominco (TSE), which owns and operates the facilities under a lease agreement with NANA Regional Corp. Between startup in late…
Dickenson Mines (TSE) has converted the $95,000 owed to it by Goldquest Exploration (TSE) into 527,777 common shares of Goldquest. The debt was converted on the basis of one common share of Goldquest …
The third phase of drilling is under way at a Verneuil Twp. gold prospect in northwestern Quebec, Golden Tag Resources (VSE) reports. The initial holes of a minimum 10,000-ft. program are planned for …
The management contract between Breakwater Resources (TSE) and Arimetco Resources (TSE) has been canceled. Formed last year, it provided that Arimetco manage Breakwater’s operations. The companies joi…
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