The gold price strengthened somewhat over the week, rising nearly US$6 per oz. to US$392.70. However, gold equities put in a mixed performance. For example, Franco Nevada lost 63 cents to close at $93…
Investor interest in gold exploration companies is continuing to gain steam, with the Vancouver Stock Exchange resource index up almost 5% during the report period ended Jan. 18, to finish at the 1,77…
Semi-monthly reports as of Dec 31, showed 69,078,255 shares of 800 issues compared with 70,209,457 shares of 792 issues on Dec 15. Larger individual positions included: Aber 136,000; Agnico-Eagle 146,…
Week’s Price (US) Change Gold* $392.70 + $5.90 Silver* $ 5.32 + $0.21 Platinum* $393.50 + $6.25 Nickel** $ 2.63 + $0.04 Lead** $ 0.23 + $0.01 Copper $ 0.85 + $0.05 Zinc $ 0.46 + $0.01 Courtesy of Scot…
Small Quebec gold producer Western Quebec Mines (TSE) will pay $9 million to acquire control of Central Crude (TSE) and the Eagle Lake gold deposit in northeastern Ontario. The seller is Hemlo Gold Mi…
One advantage to exploring for minerals in China, which recently opened its doors to foreign mining companies, is the excellent geological data available on specific sites, says the president of a Van…
While no mines are operating in the territory, there are several signs of encouragement on the Yukon exploration front. A consortium bought the Sa Dena Hes lead-zinc producer from the receivers of Cur…
Reverse circulation drilling is under way on Lo Increible, a gold property in Venezuela. Initial results are expected in mid-February. El Callao Mining (VSE), which holds an option on a large portion …
Junior Cliff Resources (TSE) has an option to acquire Princeton Mining’s (TSE) half interest in the share capital of Teranov Mining, a Princeton subsidiary. Teranov operates a wet mill at Baie Verte, …
The 1993 drilling program at the Butte Highlands gold prospect in Montana is complete and results indicate the presence of a consistent zone of gold mineralization. Orvana Minerals (TSE) is testing th…
Prospecting on its Lac Savard property in northwestern Quebec, Globex Mining Enterprises (TSE) has discovered two new gold zones. In the first zone, values up to 0.62 oz. gold and 6.36 oz. silver per …
Project partners Aurizon Mines (TSE) and Cambior (TSE) plan to delineate additional reserves at the Sleeping Giant gold mine north of Amos, Que. The drilling will focus primarily on the 20 and 30 zone…
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