Regulators have approved a rights offering for Dufresnoy, Societe d’exploration miniere (ME). Each shareholder will receive one right for each common share held. Four rights will buy one unit (compris…
Having decided to focus on coal mining, Nerco, a wholly owned subsidiary of RTZ (NYSE), has sold its oil and gas assets for about US$510 million in cash. RTZ bought Nerco in June for about US$470 mill…
With the drills still turning on the Casino copper-gold property in the Yukon, Pacific Sentinel Gold (VSE) has expanded its budget for this year’s work by $3 million to a planned total of $10.2 millio…
A crew has arrived at the Cross mine properties in Colorado to begin an airborne geophysical survey, International Larder Minerals (TSE) reports. An additional 45 claims have been acquired west of the…
Partners Eurus Resource (VSE) and Crystallex International (VSE) have installed a ball mill that is expected to triple the capacity of the 100-tonne-per-day mill on the Albino gold concession in Venez…
Since you provided space for readers who were incensed by Paul Sarnoff’s article (“Canadian Diamond Stocks Can Be Dangerous to Your Wealth” in the July 7/93 Gold Stock Advisory), I hope you will also …
Permits are in hand for a bulk sample of the Heino-Money zone at the Tillicum Mountain property near Nakusp, B.C. Bethlehem Resources (TSE) and Goldnev Resources (VSE) signed an agreement earlier this…
A placement worth $375,000 is expected from Ressources Kimex (ME), which plans to spend most of the proceeds on work at the Granada property in Rouyn and Beauchastel Twps. in northwestern Quebec. Kime…
Underground drilling and development are under way at the Francoeur gold mine near Rouyn-Noranda, Que., Richmont Mines (TSE) reports. The work is aimed at defining the extension of existing zones and …
Week’s Price (US) Change Gold* $381.35 – $19.30 Silver* $394.79 – $0.50 Platinum* $393.25 – $24.50 Nickel** $392.19 – $0.03 Lead** $390.18 $0.00 Copper $390.88 $0.00 Zinc $390.39 – $0.03 Courtesy of S…
Analysts are blaming the “minimalist” disclosure policy of major companies as one reason why speculative interest in Canadian diamond exploration continues to lose momentum. But others point out that …
The president of Glimmer Resources (VSE), George Kent, and the company have negotiated a $200,000 placement of 172,500 flow-through shares and 77,500 common shares at 80 cents per share. The share pri…
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