Drilling is under way on Hillsborough Resources’ (TSE) El Oro property, 115 km northwest of Mexico City. The first hole, 93-01, averaged 4.24 grams gold per tonne and 43.4 grams silver over 9.3 metres…
In return for 25,000 common shares, Venezuelan Goldfields (VSE) will acquire the remaining 18% of a Venezuelan company which owns the Unin concession in the Kilometre 88 district. Vengold will then ow…
Inca Gold Inc. (IGL:VSE) has changed its name to Air Pro Industries Inc. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Pacific Corporate Trust.
No longer able to service its substantial debts, Curragh took shelter from its creditors during the week ended April 6. The zinc miner’s filing for court protection may signal the death of a company t…
The long odds of finding a potentially economic diamondiferous kimberlite pipe don’t appear to be daunting the growing number of junior companies now looking for such targets in North America. Western…
Week’s Price (US) Change Gold* $337.15 + $0.25 Silver* $ 3.79 $0.10 Platinum* $360.60 $1.15 Nickel** $ 2.73 $0.04 Lead** $ 0.19 + $0.01 Copper $ 0.92 $0.05 Zinc $ 0.45 $0.00 Courtesy of Scotiabank. In…
Gold Funds as of Apr. 6 BGR Central Net Value $9.70 $5.14 Price $7.75 $5.00 Discount 20.09% 2.7% Value $54,329,000 $84,121,500…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 6 Apr. 5 Apr. 2 Apr. 1 Mar. 31 Copper 1373-1374 1388-1389 1410-1411 1406-1407 1…
Semi-monthly reports as of Mar. 31, showed 61,066,784 shares of 662 issues compared with 67,018,621 shares of 655 issues on Mar. 15. Larger individual positions included: Aber 60,100, down 33,956; Ade…
Sherritt Gordon (TSE) has made a public offering of US$200 million aggregate principal amount of 934% notes due April 1, 2003. The underwriter is Goldman, Sachs & Co. Sherritt will use the proceeds pa…
Ontario prospectors found themselves defending the Kirkland Lake diamond play against an onslaught of negative commentary at a recent short course presented by the Prospectors and Developers Associati…
The Ontario Securities Commission is calling for a risk disclosure statement in the marketing of penny stocks. Effective June 1, such a statement will be provided (except in specified circumstances) t…
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