PEOPLE — GOLDCAP (November 22, 1993)
Jonathan Rubenstein appointed director. N5…
News
THE DIAMOND PAGE — Latest Yamba Lake results fall short of
Results of drill core from the Sue and Sputnik pipes at the Yamba Lake property in the Northwest Territories have proved lacklustre. Owners Tanqueray Resources (ASE), Fibre-Klad Industries (ASE) and M…
Goldex merger
The directors of Goldex Mines (TSE) are recommending shareholders vote in favor of amalgamating with parent company Agnico-Eagle Mines at a meeting to be held Dec. 7. Agnico (along with other related …
RJK options Brinklow play
RJK Explorations (CDN) has acquired an option on the Brinklow gold property near Long Lac, Ont. The property has numerous gold occurrences associated with quartz veins, and grab samples have assayed 0…
Toronto Stock Exchange Indices (November 22, 1993)
— Week — Nov 16 Nov 15 Nov 12 Nov 11 Nov 10 High Low Composite”300″ 4257.20 4281.78 4302.78 4291.26 4269.53 4303.25 4245.52 Metals&Minerals 3193.46 3158.84 3184.07 3153.99 3069.68 3203.99 3033.45 In…
Minera completes optimization study at Bellavista
Minera Rayrock (TSE) has completed an “optimization” study on its Bellavista gold mine project in Costa Rica. The study involved re-evaluating the reserve potential and revising the production schedul…
Spot prices at a glance (November 22, 1993)
Week’s Price (US) Change Gold* $373.70 – $1.80 Silver* $ 4.55 + $0.02 Platinum* $375.75 – $1.00 Nickel** $ 2.08 – $0.04 Lead** $ 0.18 $0.00 Copper $ 0.73 – $0.02 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…
LAST BUT NOT LEAST…Suit muddies water in Whitewood Creek
A unit of Goldstake Explorations (TSE) is suing Homestake Mining (NYSE) and its wholly owned subsidiary, Whitewood Development. Goldstake launched the action in the U.S. District Court for Colorado. I…
STOCK MARKETS — Gold stocks take breather as bullion price
Most of the gold stocks on the TSE were listless or falling slightly, probably because bullion itself shed a couple of dollars to US$373.70 per oz. over our report week. But in the equities there were…
Madison lands Brazilian gold
In a deal with two private Brazilian companies, Consolidated Madison Holdings (VSE) can acquire the surface and underground mineral rights to 2,000 hectares in Mato Grosso state. The acquisition will …
LAST BUT NOT LEAST…Maufort proposes change of name
Shareholders of Ressources Maufort have approved a name change to Mines Dynacor. A corporate recovery plan will include a consolidation of shares on a 10-for-1 basis. The company will also seek financ…
LAST BUT NOT LEAST…Loubel granted West African property
The government of the West African country of Burkina Faso (formerly Upper Volta) has granted Exploration Loubel (ME) mining rights to a 314-sq.-km area. The property is underlain by a north-south-str…