Focal tests South Bradley samples
Although only one sample was evaluated by a certified Canadian lab using fire assaying, Focal Resources says six grab samples from the South Bradley project “appear to confirm” previous values reporte…
News
Gold coin sales on the upswing
Global sales of five leading international gold bullion coins increased by 56% during April and May compared with last year, the World Gold Council reports. Sales during the two months represented 270…
Tombill buys back shares
Toronto-listed Tombill Mines (TSE) plans to make a normal course issuer bid which would allow it to buy back nearly 84,000 of its class A voting shares and more than 85,000 class B shares. All the sha…
LAST BUT NOT LEAST — Faraday redemption date
Toronto-listed Faraday Resources reports that its $1.20 cumulative, redeemable, retractable, convertible, first-preference shares, Series A, can be redeemed July 20. They are redeemable at $16.50 per …
LAST BUT NOT LEAST — Jarvis issues private placement
A private placement of 200,000 shares at $3 per share has been announced by Jarvis Resources (VSE). Regulators have yet to approve the placement, proceeds from which will be used for general purposes….
NEWS BRIEF (June 28, 1993)
Bruneau Mining Corp. (N.P.L.) Inc. (BRU:ME) has changed its name to Bruneau Minerals Inc. (BRM:ME) with a consolidation of capital on a 1-new-for-6-old-share basis. The transfer agent is Montreal Trus…
Metal Prices (June 28, 1993)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…
Gold Funds (June 28, 1993)
BGR Central Net Value $12.46 $5.77 Price $11.38 $6.25 Discount 8.69% 8.3% Value $69,786,000 $113,120,625…
Boron evaluates properties
Private placement funds totaling $500,000 will be used to evaluate boron properties held by the Chilean subsidiary of Boron Chemicals International (VSE) in Chile and Bolivia. The private placements w…
Arizona Star completing study
At the Aldebaran property in north-central Chile, Arizona Star Resource (VSE) expects to complete, by September, a pre-feasibility study for an open-pit heap-leach project. The company is earning a 51…
Crown to explore Argentinian play
Denver-based Crown Resources (TSE) has applied for exploration rights covering more than 200,000 acres in three provinces of northwestern Argentina. The ground covers extensions of the two largest kno…
EDITORIAL PAGE — Environmentalists lay final claim to Windy
Windy Craggy is now dead. But let’s get it straight. It was a victim of politics, not its inherent environmental problems. All the environmental difficulties related to mining the huge copper deposit,…