News


LAST BUT NOT LEAST — Caribgold nets $4.1 million

Caribgold Resources (CDN) has completed a placement of 2.5 million units to a group of European investors. Each unit consists of one common share and half a warrant at $1.65 per unit. Each whole warra…



Alaska enlarges land area open to claim staking

More than 550,000 acres of state land in Alaska will soon be open to claim-stakers. Governor Walter Hickel made the announcement at the annual convention of the Alaska Miners Association. The land has…



Platinova advances Greenland zinc play

Toronto-listed Platinova A/S has reported encouraging values from its sedimentary-exhalitive-type zinc discovery in northeast Greenland. The company holds an exploration concession which covers a sedi…



METAL PRICES — FREE MARKET (December 06, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Nov. 30 Nov. 29 Nov. 26 Nov. 25 Nov. 24 Copper 1629-1630 1643-1644 1633-1634 1631-1632 1629-1630 Lead 419-420 420-421 415-416 403-404 40…


LAST BUT NOT LEAST — Arizona Star raises funds

Funding for further work at Chile’s Aldebaran property is at hand for Arizona Star Resource (VSE). Subject to regulatory approval, the company has negotiated a brokered private placement of up to thre…



Musto seeks partner for Argentine play

Having completed the feasibility study on its Bajo de la Alumbrera deposit in northwestern Argentina, International Musto Explorations (TSE) is seeking a partner to help develop the US$550-million pro…


Exall bioleach tests are upbeat

Success has resulted from initial bioleach tests on copper sulphide ores from the Santo Tomas porphyry property in western Mexico. Exall Resources (TSE) submitted a composite sample to the Rio Tinto Z…


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