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…
News
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…
PEOPLE — SANTA FE PACIFIC (February 14, 1994)
Patrick James elected president and chief operating officer; Richard Zitting appointed chairman and chief executive officer.
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…
STOCK MARKETS — Gold and Silver Index adds to TSE’s
The Toronto Stock Exchange just keeps galloping along. January was the most active month ever, with 1.6 billion shares worth $19.8 billion changing hands. For six days, the daily value topped $1 billi…
Spot prices at a glance (February 07, 1994)
Week’s Price (US) Change Gold* $384.95 + $3.95 Silver* $ 5.28 + $0.20 Platinum* $392.00 + $11.40 Nickel** $ 2.68 + $0.09 Lead** $ 0.23 $0.00 Copper $ 0.86 + $0.03 Zinc $ 0.46 + $0.01 Courtesy of Scoti…
STOCK MARKETS — Yellow metal holds firm as resource index
The tug-of-war between gold sellers and buyers ended the week with the yellow metal holding firm above the US$380-per-oz. level, and even edging up a few dollars to US$384. That helped push the Vancou…
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…
Toronto Stock Exchange Indices (February 07, 1994)
— 1994 — Feb 1 Jan 31 Jan 28 Jan 27 Jan 26 High Low Composite”300″ 4591.28 4554.85 4492.21 4467.35 4460.26 4591.64 4286.54 Metals&Minerals 3824.93 3807.82 3699.26 3676.73 3658.31 3855.09 3495.59 Int…
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 …