— Week — Dec 14 Dec 13 Dec 10 Dec 9 Dec 8 High Low Composite”300″ 4244.43 4293.38 4280.30 4290.63 4307.67 4307.70 4243.53 Metals&Minerals 3473.35 3551.97 3497.71 3483.08 3515.57 3557.08 3468.53 Inte…
Cambior — 5.5 million units @ $20.65. MSV Resources — 4.1 million Cl A shs issuable upon the exercise of special wts @ $2.20 per special wt. Summit Resources — 2,000,000 shs to be issued upon exerc…
Gold Funds as of Dec. 14 BGR Central Net Value $15.63 $6.40 Price $14.50 $6.750 Premium 5.5% Discount 7.24% Value $87,561,000 $122,170,275…
About 18.2 million tonnes grading 1.48 grams gold per tonne have been outlined at the Quebec joint venture of Northway Explorations (TSE) and T & H Resources (TSE). The preliminary estimate was record…
Drilling has identified previously unreported faults on inactive railway land in Timmins, Ont. One of the faults has past production on the adjoining Hollinger ground. The 4-hole program, conducted by…
A rescue effort continues underground at the Macassa gold mine just west of Kirkland Lake, Ont., where two miners remain trapped following rockburst activity. The two men, identified in news reports a…
The research and development (R & D) division of Saskatchewan uranium producer Cameco will be relocated from Saskatoon to Port Hope, Ont., where the company’s uranium processing plant is situated. The…
Lyndex Explorations (CDN) will soon begin metallurgical testing of samples from a gold property in Europe. The program, intended to verify previous results, will operate in conjunction with on-going b…
Arguments have concluded in the Nova Scotia Court of Appeal in the lawsuit between Westminer Canada and the former directors of Seabright Resources. Westminer is seeking $62 million in damages to comp…
A co-operative spirit between the mining industry and government exists in Manitoba, according to the president of Falconbridge. Addressing the business section of the Manitoba Mining, Minerals and Pe…
Toronto-based junior Menora Resources (ME) has closed a private placement with parent Altai Resources (TSE). The placement, consisting of 1.6 million shares at 20 cents each, is expected to net $320,0…
A private placement of special warrants will give Carson Gold (VSE) additional funds to acquire properties in Latin America. The company reached an agreement with Burns Fry (which will act as lead bro…
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