The Toronto Stock Exchange enjoyed a fabulous year. With only about a week to go before 1993 fades into history, the 300 Composite Index gained nearly 1,000 points year over year. On Dec. 22 last year…
Joint-venture partners Tanqueray Resources (ASE), Fibre-Klad Industries (ASE) and Mill City Gold (VSE) provided some Christmas cheer to shareholders by reporting that diamonds were found in the second…
The short-term rebound in metals has yet to raise prices to profitable heights. Most of the London Metal Exchange (LME) volumes, which have doubled over similar periods last year, are almost entirely …
Azco Mining — 3.2 million shs issuable upon the exercise of 3.2 million special wts @ $2.25 per special wt. Cambior — US $5.5 million units, each unit consisting of one common sh and one-half common…
More Superfund money is being directed at overhead costs than at actual cleanup, according to the minority counsel with the U.S. House of Representatives. Keith Cole’s observation came as little surpr…
London Metal Exchange Spot closing prices in $US per tonne Date Dec. 21 Dec. 20 Dec. 17 Dec. 16 Dec. 15 Copper 1713-1714 1744-1745 1723-1724 1715-1716 1713-1714 Lead 463-464 471-472 467-468 476-477 44…
An underwriting group will offer six million shares of Inco (TSE) to the public. Initially, the underwriting involved five million shares, but, because of investor demand, Inco decided to boost the of…
A second phase of work is planned for the NCJ gold concession in east-central Venezuela. A 1993 program by owners Nucore Resources (VSE) and New Aegis Resources (VSE) focused on geochemical and geophy…
Information on ownership of claims of Strike Minerals (CDN) and CopperQuest (CDN) was incorrectly reported in T.N.M., Dec. 20/93. The two companies staked the 5-claim blocks (35 units) in Ontario’s Fa…
An affiliate of Heath & Sherwood Drilling (1986), Heath & Sherwood International of Willowdale, Ont., has formed a joint venture with Geominera S.A. to provide contract exploration drilling services f…
In spite of high taxation rates, compensation costs and land tenure and access problems, Ontario is still an attractive place to mine minerals. That was the message delivered at a Mineral Development …
High River Gold Mines (TSE) has encountered significant gold mineralization on its Dunlop Snow Lake property in Manitoba. Hole HR-93-03, drilled to test the updip portion of the Birch zone at the 200-…
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