A small kimberlite body in the Crystal Falls area of southwestern Michigan has been uncovered by Ashton Mining of Canada (TSE). The company has a 51% interest in the project. President David Hurburgh …
Gold, which seems to be having trouble cracking the US$400-per-oz. mark, pulled back this week. Entering our report period at better than US$390, the yellow metal was sitting at US$381 in London at pr…
Week’s Price (US) Change Gold* $381.00 – $11.70 Silver* $ 5.08 – $0.24 Platinum* $380.60 – $12.90 Nickel** $ 2.59 – $0.04 Lead** $ 0.23 $0.00 Copper $ 0.83 – $0.02 Zinc $ 0.45 – $0.01 Courtesy of Scot…
Montreal-based William Resources (ME) has an option to acquire the Malmani gold property in the South African province of Transvaal. The deal is with Braeside Investments of the United Kingdom. Willia…
Having acquired 60% of a rare earth plant in China last year, Advanced Material Resources (ASE) has bought an 80% joint-venture stake in another such factory in the same country. The former project is…
By converting its debt to equity, Bema Gold (TSE) significantly improved its financial position in 1993. Convertible debentures totaling $15.8 million were swapped for equity, and a further 1.1 millio…
Having opened an office in Sonora, Nordic Gold (ASE) intends to begin exploration work in compliance with option agreements for three properties in the Mexican state. Oro Verde, El Taco and La Mexican…
A junior searching for gold and base metal projects in Indonesia has caught the eye of one of North America’s largest gold mining companies. In a written proposal, American Barrick Resources (TSE) has…
The first gold brick was poured this month from 3,680 tons of material from the Granada property near Rouyn-Noranda, Que. KWG Resources (ME), which has been custom-milling ore from the No. 1 zone, pla…
All claims against Habsburg Resources (VSE) made by Resell Mining (VSE) and Panther Mines (VSE) have been settled. The claims stem from outstanding advance royalty payments left in arrears by the prev…
Two officers of Western Quebec Mines (TSE) bought shares in December. According to the Ontario Securities Commission’s OSC Bulletin of Jan. 7 and 14, officer and director Murray Pollitt exercised 60,0…
Airborne and other exploration-related services for mining companies active in Cuba will be carried out by Scintrex of Concord, Ont., under a joint-venture agreement with Geominera, a Cuban government…
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