Taking advantage of the recent jump in its share price, Orvana Minerals (TSE) plans to raise $19.2 million through a private placement at $7.37 per share. Proceeds would fund further exploration of th…
After receiving results of column testing of supergene ore from a copper prospect in Ecuador, Kookaburra Resources (TSE) decided to drop its option. It had the right to earn a half interest in the Cha…
Toronto-listed Jordex Resources has added substantially to its land position in Bolivia’s Precambrian Shield. The recent acquisition of the 4,431-hectare Paula Cecilia property brings to 45,000 hectar…
Hunting for a job in the mines in the “Hungry ’30s” required perseverance, determination and precocity, as well as a forced bravado born of necessity. It was no task for the faint of heart, when there…
Management of Consolidated Pine Channel Gold (VSE) expects it will be several more weeks before details are available on the Tobin Lake project where a hole has reportedly intersected pyroclastic kimb…
Junior Canmine Resources (CDN) has agreed to option up to half of the Golden Blue property near Bissett, Man. In return, the company must spend $200,000 over five years. A shaft was sunk in the late 1…
Most gold equities — those that released earnings, anyway — fell during the report week ended Nov. 2. Investors, perhaps fooled by the rise in the price of gold, had been anticipating stronger earni…
ALUMINUM: MW U.S. market US49.75-51.50 cents per lb. (Oct. 28, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Encouraged by assays from its Guadalupe prospect in northwestern Mexico, Bishop Resources International Exploration (CDN) says exploration will continue. Initial samples of high-grade material returne…
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 2 Nov. 1 Oct. 29 Oct. 28 Oct. 27 Copper 1622-1623 1601-1602 1612-1613 1608-1609 1600-1601 Lead 396-397 394-395 402-403 401-402 395-…
The Similco copper mine in northwestern British Columbia is being forced to close, though owner Princeton Mining (TSE) describes the shutdown as temporary. The announcement came after Princeton was to…
With the gold market having picked up, Rea Gold (TSE) is assessing the former-producing Bissett property in Manitoba. Kilborn Western and Tonto Mining will assist in the pre-feasibility study, the foc…
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