Spot prices at a glance (April 25, 1994)
Week’s Price (US) Change Gold* $372.40 – $6.80 Silver* $ 5.24 – $0.10 Platinum* $385.75 – $13.00 Nickel** $ 2.41 – $0.11 Lead** $ 0.20 – $0.01 Copper $ 0.85 $0.00 Zinc $ 0.41 – $0.02 Courtesy of Scoti…
News
TORONTO STOCK EXCHANGE INDICES (April 25, 1994)
— 1994 — Apr 19 Apr 18 Apr 15 Apr 14 Apr 13 High Low Composite”300″ 4115.07 4168.06 4239.95 4254.85 4248.80 4609.93 3518.31 Metals&Minerals 3332.23 3357.60 3387.95 3470.02 3476.43 3879.59 3273.56 In…
Audrey gets financing for 1100 Lens project in Rouyn-Noranda
In addition to receiving a positive feasibility study for the 1100 Lens project near Rouyn-Noranda, Que., Audrey Resources (TSE) has obtained the necessary financing to reopen the Mobrun mine, which h…
Minorca acquires projects in Mexico’s Durango state
An agreement has been signed whereby Minorca Resources (VSE) can earn a 40% interest in Mexican mining company BLM Mexicana S.A. from Bharti Laamanen Mining of Sudbury, Ont. Minorca has the option to …
Thompkins plans book signing
Author R.W. Thompkins will be autographing copies of his new book, The Richest Canadian, at the Toronto ’94 conference, to be held in early May at the Metro Toronto Convention Centre. Thompkins, emeri…
MVP subscribes to Excellon placement
Toronto-based Excellon Resources (VSE) has completed a private placement valued at $550,000. The placement consists of 1.1 million common shares and warrants exercisable for two years for an additiona…
NEWS ROUNDUP — Bulk test from Albino concession
Partners Crystallex International (VSE) and Eurus Resource (VSE) produced 1,600 oz. gold in February and March from their concession in Venezuela. Tailings from the Albino property were bulk-tested on…
NEWS ROUNDUP — Belmont to revive granite quarry
Later this month, Belmont Rose Granite, a wholly owned subsidiary of Eastern Stone Products (ASE), plans to reopen its granite quarry near Havelock, Ont. Two North American monument manufacturers have…
Cominco Res. closes Mariquita deal
Cominco Resources International (TSE) has received US$2.5 million as partial payment for transferring its Mariquita copper deposit to Minera Maria, a Mexican company held 49% by Cominco and 51% by Emp…
Trenching completed on La Salle concession
Joint-venture partners VenCan Gold (ME) and Chesbar Resources (ME) have completed a total of six trenches across a gold anomaly on the La Salle concession. Results from the previously completed trench…
Judge renders ruling on Hemlo pre-trial motions
Justice Archie Campbell of the Ontario Court, General Division, recently released his ruling on pre-trial motions in the Scintilore Explorations (TSE) lawsuit against prospectors John Larche and Donal…
Cameco denies problems with Kyrgyzstan project
Confusion over the $270-million Kumto gold deposit in the mountains of Eastern Kyrgyzstan has come to the attention of The Northern Miner. The Parliamentary Speaker for the former western Soviet repub…