De Beers’ Central Selling Organization (CSO) sold US$2.6 billion worth of rough diamonds in the first half of 1994. This figure is 1.5% higher than the same period last year and a healthy 41.5% higher…
Development of the Fish Lake copper-gold deposit, southwest of Williams Lake, B.C., is coming into focus for owner Taseko Mines (VSE). Consultant Kilborn Engineering Pacific is nearly finished a prefe…
Salt Lake City-based Kennecott can earn a 25% interest in Kalahari Resources’ (VSE) Murdoch Creek property, east of Kirkland Lake, Ont. In return, Kennecott must spend $1 million on exploration over 1…
Two areas of the Goldstream property, near Revelstoke, B.C., will soon be explored. Joint owners Bethlehem Resources (TSE) and Goldnev Resources (VSE) plan to test the grade and thickness of the orebo…
A ground magnetic survey has begun on Blue Hill Capital’s (ASE) Athabasca No. 108 gold project to define possible drill targets. The property, situated near Fort MacKay, Alta., is a crown mining lease…
The exercise of share purchase warrants gives Canarc Resources (VSE) an additional $7.5 million in working capital, raising to $12.5 million the amount of cash on hand. The company is carrying out a $…
Over the past year or so, we have bashed the provincial government of British Columbia for some of its incredibly knuckleheaded decisions. The decision, last year, to expropriate the Windy Craggy copp…
Royal Oak, based in Vancouver, B.C., owns and operates four Canadian gold mines — the Pamour in Timmins, Ont., the Giant and Colomac in the Northwest Territories and Hope Brook in Newfoundland. In 19…
Week’s Price (US) Change Gold* $386.40 + $1.55 Silver* $ 5.32 + $0.10 Platinum* $413.85 + $6.10 Nickel** $ 2.89 + $0.05 Lead** $ 0.27 $0.00 Copper $ 1.16 + $0.06 Zinc{ $ 0.45 + $0.01 Courtesy of Scoti…
Although strength in bond and currency markets managed to help major eastern indexes, western markets continued to track down over the report period ended July 19. The Vancouver Stock Exchange resourc…
Rio Narcea Gold Mines, Ltd. — 3,850,000 units, each consisting of a common sh & a one-half of one sh purchas wt @ $1.15 per unit. Trader Resource Corp. — 11,997,000 units to be issued on the exercis…
Two senior officers of Southwestern Gold (TSE) exercised options and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, director and senior officer Daniel Innes exerci…
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