News


Musto accepts MIM offer

The Bajo de la Alumbrera gold-copper deposit has been given the green light. Meeting in Toronto, officials from International Musto Explorations (TSE) and MIM Holdings announced they have agreed to de…


Strong VSE trading trend continues into 1994

Market trading maintained its strength and stock prices rose on the Vancouver Stock Exchange (VSE) in January as the volume and value of shares traded surpassed December figures. Overall, the market c…


EDITORIAL PAGE — The digital nightmare

The age of the computer was supposed to have delivered us from the mountains of paperwork generated by our obsolete, pre-Information Age technologies. That deliverance seems decades away yet. If anyth…


ODDS’N’SODS — Mine rescue remembered

In the summer of 1993, I was manning a tourist office in our village when an extremely lame man and his wife came in. After exchanging a few pleasantries, he asked, “Do you know a George Wallace who l…


Financing (February 07, 1994)

Aurex Res. — 3.5 million units issuable upon the exercise of 3.5 million special wts, each unit consisting of one common sh and one non-transferable sh purchase wt @ $1 per special wt. Metall Mining …


Gold Funds (February 07, 1994)

BGR Central Net Value $16.57 $6.41 Price $14.88 $7 Premium 9.2% Discount 10.22% Value $92.8 million $126.7 million…


Geomaque to raise $10 million

Geomaque Explorations (CDN) plans to raise $10 million by issuing special warrants. Each special warrant will be exchangeable into one common share at no extra cost. Proceeds will be used to put into …


LAST BUT NOT LEAST — Asarco sells Australian unit

International base metals producer Asarco (NYSE) has sold its remaining 45.3% interest in Asarco Australia for US$79.5 million. The sale of the 66.5 million shares will result in an after-tax gain of …


LAST BUT NOT LEAST — Silver Star raises $518,000

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…


NEWS IN BRIEF (February 07, 1994)

Dencam Development (DNM:VSE) has changed its name to Consolidated Dencam Development (CMO: VSE) on a 1-new-for-2.5-old-share basis.



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