News


GOLD FUNDS (June 20, 1994)

BGR Central Net Value $17.84 $6.80 Price $15.13 $7.50 Premium 10.3% Discount 15.21% Value $144,935,000 $135,744,750…


Minorca financing Terneras work

Vancouver-listed Minorca Resources is issuing 380,000 common shares in a private placement at 79 cents per share. The junior will use the $300,200 in proceeds to complete a feasibility study of its Te…


LAST BUT NOT LEAST — Eurus gets payment extension

Junior Eurus Resource (VSE) has been granted a 4-week extension to pay US$1.6 million owed to Crystallex International. The payment is one of a series Eurus is required to make to maintain its option …




MacDonald Mines signs agreement for two Cuban gold

The Cuban state-owned company Geominera S.A. and MacDonald Mines Exploration (CDN) will jointly develop two gold properties in the Caribbean country. The concessions, both of which are in Camaguey pro…


Spot prices at a glance (June 20, 1994)

Week’s Price (US) Change Gold* $383.50 + $1.60 Silver* $ 5.36 + $0.03 Platinum* $401.50 + $4.15 Nickel** $ 2.88 + $0.01 Lead** $ 0.24 + $0.01 Copper $ 1.08 + $0.02 Zinc $ 0.44 + $0.01 Courtesy of Scot…


AMC convention set for Phoenix

The American Mining Congress will stage its Mining Convention ’94 during Sept. 18-21 in Phoenix, Ariz. Session topics will focus on efforts to reform the Endangered Species Act, the status of “superfu…




Auction raises funds for gallery

An auction organized by the Walker Mineralogical Club raised more than $5,000, which will help finance construction of the Earth Sciences Gallery of the Royal Ontario Museum in Toronto. Donating items…


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