Junior diamond explorer United Reef (TSE) will issue a convertible debenture to South African diamond miner Trans Hex Group for up to $4 million. The debenture is convertible at the rate of one common…
An unexpected increase in the U.S. jobless rate in January brought investors back to the markets, which helped the Toronto Stock Exchange post a significant gain over the 5-day report period ended Feb…
The downtrend in western markets remains intact, with the Vancouver Stock Exchange resource index losing more than 21 points during the week ended Feb. 7 to close at 1,148.40. The composite index fare…
ALUMINUM: MW U.S. market US103.5 cents-104.5 per lb. (Jan. 27, 1995). ANTIMONY: MW New York dealer US$2.40-2.50 per lb. (Jan. 27, 1995). BISMUTH: MW New York dealer US$3.80-4.00 per lb. (Jan. 20, 1995…
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 7 Feb. 6 Feb.3 Feb. 2 Feb.1 Copper 2847-2848 2809.5-2810.0 2883.5-2884.5 2886-2887 2998-2999 Lead 584-585 559-569 616.5-617.5 624-6…
— 1994 — Feb 7 Feb 6 Feb 3 Feb 2 Feb 1 High Low Composite “300” 4100.99 4119.78 4105.05 4061.10 4019.11 4609.93 3518.31 Metals&Minerals 3922.33 3964.05 4083.50 4020.20 3956.20 4337.89 3273.56 Integr…
Chile’s state-owned copper company, Codelco, and Compania Minera Mamina, a wholly owned subsidiary of Inco (TSE), will proceed with the second phase of exploration on the 10,000-hectare Mamina copper-…
Initial drilling on the Tyrrell Twp. gold project near Shining Tree, Ont., has yielded encouraging results for partners Haddington Resources (VSE) and Portman Explorations (VSE). The project consists …
A banking agreement will enable Great Lakes Minerals (TSE) to acquire an additional 10% interest in the Grouse Creek venture in Idaho, as well as hedge the production of future gold and silver product…
Toronto-listed Campbell Resources (TSE) has opted to acquire the Wildcat gold project, formerly held by Lac Minerals. Situated 80 miles northeast of Reno, Nev., the property was recently subjected to …
A second phase of drilling is under way at the Tabakoto gold concession in western Mali. Nevsun Resources (VSE) is drill-testing 1,000 metres of a 2,500-metre-long zone of mineralization marked by ext…
A 300-metre drill program is planned for the Turin property in Costa Rica. Owner Osito Ventures (VSE) plans to drill-test previously identified gold mineralization. Three epithermal vein systems have …
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