Vengold offering may net $46 million
A syndicate of underwriters, led by Midland Walwyn Capital, have entered into a financing agreement with Vengold (VEN-T) to purchase up to $46 million worth of its shares.The underwriters have agreed …
News
Companies (April 13, 1998)
Adex MiningAmerica Mineral FieldsAnglo AmericanAsia Pacific ResourcesAurizon MinesAvalon VenturesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBlue Desert MiningCaledonia MiningCambi…
CORRECTION (April 06, 1998)
Contrary to information that appeared in our March 30-April 5 issue, Boliden (BOL-T) does not own 62% of North Atlantic Natural Resources.Boliden and South Atlantic Resources (SCQ-V) are equal partner…
GOLD FUNDS (April 06, 1998)
Gold Funds as of March 26, 1998BGRCentralNet Value$15.49$6.33Price$11.80$…
Crystallex blames short sellers for share erosion
When doubts surfaced a year ago that Bre-X Minerals had only fool’s gold at Busang, the company blamed short sellers and a “well-oiled misinformation campaign.” Management of Crystallex International …
NEWS IN BRIEF (April 06, 1998)
Even Resources (EVN-V) has changed its name to Plata Minerals (PMR-V) on a 1-new-for-7-old-share basis.
LATIN AMERICA — Inca Pacific zeroes in on copper-gold prospects in Peru — Targets in Cajamarca and Ancash deemed promising
With its eye on the copper and gold exploration potential of Peru, Inca Pacific Resources (IP-V) has, over the past five years, amassed a substantial portfolio of properties in the most promising meta…
LATIN AMERICA — Legal disputes upstage Latin American mining convention — Massive sulphide projects in Mexico attract attention
A year ago, delegates attending the Investing in the Americas conference in this popular tourist destination were reeling from reports that Bre-X Minerals had little, if any, gold at its Busang projec…
Index (April 06, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresMetal PricesObituaryProfessional DirectoryStock MarketSubscription Services…
LATIN AMERICA — Legal reforms put Brazil on mining fast track
Although Brazil is touted as the most geologically diverse and prospective mineral region in Latin America, it has only recently begun to attract the foreign investment necessary to elevate it what go…
COMMENTARY — Partnerships at Musselwhite
The Musselwhite mine of Placer Dome and TVX Gold is situated on traditional lands of North Caribou Lake First Nations in a remote area of northern Ontario. Negotiation of the Musselwhite agreement beg…
Trivalence nets $479 per carat for African gems
Trivalence Mining (TMI-T) has completed a second sale of diamonds from its Aredor diamond mining concession, 700 km east of Conakry, Guinea.The company received a tender price of US$1.36 million for 2…