Toronto-listed junior Redaurum Red Lake Mines, has been setting new production records half a world away. Earlier this month, the company’s 50% owned River Ranch diamond mine in southern Zimbabwe prod…
The Canadian government’s policy of having the central bank of Canada sell off its gold reserves will be wound down, according to Finance Minister Paul Martin. “We have come to pretty near the end of …
A deal has been signed allowing American Gem (TSE) to purchase Crystal Research, a private California company that was instrumental in developing a heat-treatment process for Montana sapphires. Sapphi…
The acquisition of an outstanding “back-in” right on the Huckleberry copper property near Kemano, B.C., gives New Canamin Resources (VSE) an unencumbered 100% interest in the project. Kennecott had th…
Semi-monthly reports as of Mar 15, 1994 showed 66,772,111 shares of 827 issues compared with 66,403,366 shares of 806 issues on Feb 28, 1994. Larger individual positions included: Aber 240,800; Adrian…
Results from 275 chip samples from the Guadalupe gold property in Sonora state, Mexico, were announced by Bishop Resources International Exploration (CDN). The samples returned grades ranging from tra…
Junior gold producer Aurizon Mines (TSE) reported revenues for the first time in its history. In 1993, total revenue was more than $5.7 million, representing six months of operations from the company’…
Junior Western Troy Capital Resources (ASE) will offer its shareholders (of record on April 15, 1994) one transferable right for each common share held. Four rights will entitle the holder to subscrib…
The Geological Association of Canada (GAC), and the Mineralogical Association of Canada (MAC) are each sponsoring a short course at the upcoming joint annual meeting in Waterloo, Ont. The GAC short co…
Drilling by Antares Mining and Exploration (TSE) between the 150- and 610-metre levels of the Black Cat zone has resulted in an inferred resource estimate of 250,000 tonnes averaging between 4.35 and …
Year-end results for 1993 were reported by BGR Precious Metals (TSE), a closed-end investment firm specializing in precious metals investments. BGR had an increase in net assets to $93.5 million for t…
Gold miner Agnico-Eagle Mines (TSE) has begun surface drilling east of the Telbel mine, along the well-established Eagle-Telbel mine trend near Joutel, Que. The 23,000-ft. program, which will extend t…
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