A placement of 3.3 million special warrants has raised gross proceeds of $16.6 million for Orvana Minerals (TSE). The warrants are exchangeable for shares at no additional cost.Orvana will receive hal…
A private placement will enable Avalon Ventures (VSE) to finance work on its Quebec and Ontario gold projects, as well as acquire new properties.The company has placed 1.5 million units at 40 cents pe…
ALUMINUM: MW U.S. market US75 cents-76 cents per lb. (Jan. 19, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995).CA…
Canarc Resource (TSE) is proceeding with a $5-million feasibility study on its fully owned Polaris-Taku gold project in northwestern British Columbia, following a positive assessment of the project’s …
London Metal ExchangeSpot closing prices in $US per tonneDateJan. 30 Jan. 29Jan. 26 Jan. 25 Jan. 24Copper2550-2553 2504-25062497-2502 2548-25532560-2565Lead724-725 716.50-717.5720.5-721.5 7…
Trenching on the Escobal gold project in Mexico’s Sinaloa state has enabled Santa Cruz Gold (CDN) to outline gold mineralization.Results include 39 metres of 1.1 grams gold per tonne, 84 metres of 1 g…
The latest hole drilled on the Taylor Brook property of Stratabound Minerals (ASE) shows a wider, but weaker, mineralized zone.Hole 18, collared 100 metres east of hole 17, intersected a 42-metre zone…
Washington state-based Royal Oak Mines (TSE) has responded to disappointing year-end results by announcing decisions aimed at increasing the profitability of its gold-mining operations.At the end of t…
Former joint-venture partners Akiko Gold Resources (VSE) and Gold Canyon Resources (VSE) are at odds over a back-in right on the Springpole gold project in northwestern Ontario.Akiko holds the right t…
Procoloro Resources (ME) has given a private Quebec company, 29594785 Quebec Inc., an option to earn 45% of the Vallejo property in the Remedios district of Colombia.The 5.6-sq.-km concession has a ve…
While gold production for the Sleeping Giant mine in northwestern Quebec was up in 1995, it did not reach mid-year projections.Output for the year was 48,042 oz., 12% higher than the 43,003 oz. produc…
Junior Indomin Resources (VSE) has applied to expand its gold exploration in central and west Kalimantan.The two new applications cover about 255,000 hectares and host numerous alluvial gold showings….
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