A stock offering by Silver Star (CDN) will raise $518,000. The company plans to use $410,000 to explore its Dasserat, Launay and Pascalis-Vauquelin gold properties in northwestern Quebec. Most will be…
Dencam Development (DNM:VSE) has changed its name to Consolidated Dencam Development (CMO: VSE) on a 1-new-for-2.5-old-share basis.
The Toronto Stock Exchange just keeps galloping along. January was the most active month ever, with 1.6 billion shares worth $19.8 billion changing hands. For six days, the daily value topped $1 billi…
Week’s Price (US) Change Gold* $384.95 + $3.95 Silver* $ 5.28 + $0.20 Platinum* $392.00 + $11.40 Nickel** $ 2.68 + $0.09 Lead** $ 0.23 $0.00 Copper $ 0.86 + $0.03 Zinc $ 0.46 + $0.01 Courtesy of Scoti…
The tug-of-war between gold sellers and buyers ended the week with the yellow metal holding firm above the US$380-per-oz. level, and even edging up a few dollars to US$384. That helped push the Vancou…
— 1994 — Feb 1 Jan 31 Jan 28 Jan 27 Jan 26 High Low Composite”300″ 4591.28 4554.85 4492.21 4467.35 4460.26 4591.64 4286.54 Metals&Minerals 3824.93 3807.82 3699.26 3676.73 3658.31 3855.09 3495.59 Int…
Three investment dealer firms have agreed to acquire six million Kinross Gold (TSE) warrants at $4.25 each for aggregate proceeds of $25.5 million. The warrants are convertible into an equal number of…
South Africa’s gold and foreign currency reserves rose by 28.9% from November to December, 1993. Figures released in Pretoria by the Reserve (central) Bank show December’s total was 9.1 billion rand (…
Following regulatory approval of its special warrant prospectus, Global Stone (TSE) has received, from escrow, $28.8 million from the sale of 6.3 million special warrants. About $10 million from the o…
Australian mining firm Aurora Gold has secured US$45 million in funding for its gold and silver project in Kalimantan, on the Indonesian island of Borneo. Rothschild Australia, NM Rothschild & Sons an…
CDN-listed International Gold Resources (IGR) has entered an option agreement with Adjumadium Mining to acquire a 51% participating interest in a 50-sq.-mile concession in Ghana, West Africa. The agre…
It was enough to make even the most skeptical base metal investor salivate: an open-pit deposit containing 85 million tons grading 17.1% zinc, 5% lead and 2.4 oz. silver per ton at a strip ratio of le…
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