Moneta buys two U.S. gold properties
Timmins, Ont.-based Moneta Porcupine Mines (TSE) has agreed to acquire Wounded Bull Resources, a wholly owned subsidiary of Australian-based Pima Mining. Wounded Bull owns two gold properties in the U…
News
EDITORIAL PAGE — African opportunity
In South America, Chile played a leading role in attracting foreign mining companies, being the first to pass new laws which paved the way for foreign companies to explore for and develop mineral depo…
METAL PRICES — FREE MARKET (May 30, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date May 24 May 23 May 20 May 19 May 18 Copper 2296-2298 2278-2280 2223-2224 2246-2123 2202-2203 Lead 486.5-487.5 484.5-485.5 477-478 475-477…
STOCK MARKETS — TSE listless despite gold, base metals
Last week’s gains in base metals prices continued, but these were outshone by gains made by precious metals. Commodity prices, however, had little effect on the Toronto Exchange Stock composite 300 in…
JUNIOR MINING SPECIAL — Caledonia makes application for
Toronto-listed Caledonia Mining has applied for three prospecting licences in Zambia covering a total area of 2,930 sq. km. The largest licence, the Kadola, covers more than 2,250 sq. km and is prospe…
PEOPLE — INSULAR EXPLORATIONS (May 23, 1994)
Cynthia Avelino appointed president and director; Walter Clemens, William Daly, Jack Milligan and David Stewart elected directors.
PEOPLE — NEW AEGIS RESOURCES (May 23, 1994)
Chet Idziszek and Arthur Luney appointed directors.
PEOPLE — SANTA FE PACIFIC (May 23, 1994)
David Smith appointed vice-president and chief financial officer; Bruce Hansen appointed senior vice-president, corporate development.
PEOPLE — HIGHGRADE VENTURES (May 23, 1994)
Franz Scheidz and Paul Joseph McGuigan appointed directors.
THE DIAMOND PAGE — Australia’s Ashton finds third kimberlite
Australian-based Ashton Mining of Canada (TSE) has discovered a third kimberlite near Attawapiskat River in northern Ontario. The company is earning a 51% interest in the project, which is 70% owned b…
THE DIAMOND PAGE — American Gem completes $7.3-million
American Gem (TSE) has completed a $7.3-million Euroequity offering. The placement, consisting of 1.5 million shares at $4.88 per share, was arranged by IBK Capital, a Toronto-based investment banking…
THE DIAMOND PAGE — Hendricks hits wide, low-grade
Surface and underground drilling by Hendricks Minerals (CDN) continues to intersect shallow, low-grade mineralization over broad widths at the Cross Lake gold-silver project in Colorado. To date, two …