Taking advantage of strong gold markets, Orvana Minerals (TSE) plans to raise $16.6 million to finance its purchase of the Don Mario project in Bolivia.The company will issue 3.3 million special warra…
Rouyn-Noranda, Que.-based junior Noveder (ME) has signed over its 40% interest in the Nugget Pond gold project to partner Richmont Mines (TSE).Situated on Newfoundland’s Baie Verte Peninsula, Nugget P…
Gold Funds as of January 4, 1996BGRCentralNet Value$18.27$6.69Price$14.50$6.500Discount20.63%2.8%Value$142,843,000$117,645,450…
Wednesday, January 10, 1996Week’s Price (US)ChangeGold*$396.75+$6.25Silver*$ 5.54+$0.19Platinum*$415.85+$9.85Nickel**$ 3.42+$0.08Lead**$ 0.31$0.00Copper $ 1.18-$0.07Zinca$ 0.4…
With gold prices on a run towards the US$400 mark, western markets surged ahead over the report period ended Jan. 9. The resource index advanced 43.66 points to close at 1,335.71, while the composite …
A newly formed joint venture will explore a Portuguese property underlain by the famous Iberian Pyrite Belt.The partners include Auspex Minerals (VSE), Cumberland Resources (VSE), International Vestor…
With its initial public offering now complete, Canmex Minerals (VSE) will launch drill programs on its two main Mexican properties in the second quarter.The company issued 2 million shares at $1 each,…
Drill results from the Devil’s property in Saskatchewan have prompted owner Petro Plus (ASE) to plan drilling for next summer.Results to date have shown consistent values over minable widths. The 1996…
Peter Alexander Gledhill, a Toronto-born geophysicist with the Botswana Geological Survey, has died. He was 36.Mr. Gledhill graduated from Queen’s University in 1983 with a B.Sc. in engineering physic…
The acquisition of a 35% interest in Geolog, a privately held joint stock company in Russia, will expand the silver assets of Silver Standard Resources (TSE).Geolog owns the Lunnoe and Arylach silver …
By acquiring three mineral leases, Aquaterre Mineral Development (VSE) has increased its holdings in Nevada to more than 6,500 acres.The company expanded its HCS gold project by gaining the exclusive …
Cambior (TSE) intends to acquire the half interest that Denver-based Golden Star Resources (TSE) holds in the Gross Rosebel gold project in Suriname.Since signing the option agreement in June 1994, Ca…
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