Mints join forces
In an unusually co-operative effort among institutions that are essentially competitors, seven of the world’s major mints — Australia, Austria, Canada, Mexico, South Africa, the United Kingdom and th…
News
ODDS’N’SODS — A history of Windy Craggy (1)
When I (B.W. Downing) was given that “golden opportunity” of working in the mountains in 1974, I departed from the east quite quickly to work for geologist Jim McDougall in Vancouver. From time to tim…
Northern Ontario mining group urges public support of
The following was submitted by the North Superior Mine Managers Group during the Ontario Mining Association’s Mining Week (May 31 to June 6): We speak for the dedicated men and women at our operations…
USMX active in Puerto Rican copper-gold deposit
An advanced copper-gold deposit in Puerto Rico will be further tested this year by a drilling and metallurgical program funded by USMX (NASDAQ). The company recently acquired an approximate 50% equity…
THE DIAMOND PAGE — DHK group raises $7.2 million to explore
As an example of how the diamond frenzy is beginning to rub off on exploration for other minerals, DHK Resources will raise $7.2 million, through private placements, to spend on new projects. Since Ke…
STOCK MARKETS — Gold stocks sustain buoyancy of Western
The Vancouver Stock Exchange is experiencing its strongest market in recent years, with the latest quarter showing the second-highest volume on record, and the highest since 1987. The upsurge in gold …
Unlisted market joins computer age
The Canadian Dealing Network (CDN) has introduced a computerized surveillance system that will quickly identify trading patterns as well as price and volume fluctuations for all over-the-counter stock…
ME Rights and Warrants
Cambior – Wt buys sh @ $15.50 to June 30/95. Cameco – Wt buys sh @ $14.75 to Oct 1/94. Dofasco – Wt buys sh @ $20.50 to Apr 1/94. Metall Mining – Wt buys sh @ $14.00 to Mar 7/94. Metall Mining – A wt …
Metal Prices — FREE MARKET (June 21, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 15 June 14 June 11 June 10 June 9 Copper 1209-1210 1210-1211 1198-1199 1210-121…
American firms exploring Greenland properties
The mineral potential of Greenland will be investigated this year by two American mining companies under the terms of their respective agreements with a Greenlandic-Danish company, Nunaoil A/S. Atlas …
Battle Mountain offers preferreds
Houston, Tex.-based Battle Mountain Gold (NYSE) has offered two million shares of convertible preferred stock at US$50 per share to raise US$100 million. The preferred stock will pay an annual dividen…
NEWS ROUNDUP — Permit obtained for San Juan mine
Obtaining a permit to build and operate a mine in California was relatively easy for Siskon Gold (NASDAQ). The junior recently obtained approval to construct its San Juan gold mine, only a year after …