News


New `mine games’ exhibition opens

British Columbia’s Science World surpassed its fund-raising goal of $1.5 million for its new “mine games” exhibition, which opened to the public Oct. 22 in Vancouver. The provincial and federal govern…


Chase drilling T’Boli prospect

A first phase of drilling is under way at the T’Boli gold prospect on the Philippine island of Mindanao. Chase Resource (TSE) has a 40% interest in the company that owns the project, and holds an opti…


NEWS ROUNDUP — Canarc adds to Guyana holdings

By acquiring the 2,800-hectare Baramita gold property, Canarc Resource (VSE) can increase substantially its holdings in the Guyana Shield. To do so, it must spend $700,000 exploring the property, situ…


NEWS ROUNDUP — Birim acquires private Exroy

CDN-listed Birim Goldfields has taken over Exroy Resources, a private company. The shareholders of Birim exchanged all their securities in the company for treasury common shares and warrants of Exroy….


Tanzania offers opportunities

After almost a quarter century of socialist rule, Tanzania has adopted new policies aimed at attracting foreign investment. An important contribution is anticipated from the restoration of the mineral…


EDITORIAL PAGE — Pulling up stakes

In Vancouver, one of Canada’s most entrepreneurial companies, Royal Oak Mines, is pulling up stakes and preparing to move its corporate offices across the border to Washington state. British Columbia’…



Fidelity buys stock

Fidelity Management and Research, on behalf of several investment companies and institutional clients, has bought Agnico-Eagle (TSE) common stock. As a result, the Fidelity group now holds 12.3% of Ag…


Homestake advances Ruby Hill

In just three short years, Homestake Mining (NYSE) has developed a geological inventory of about 1.6 million oz. gold within a district previously known for its silver and base metal mineralization. H…


TSE Indices (October 31, 1994)

— 1994 — Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 High Low Composite”300″ 4242.77 4266.02 4285.13 4319.77 4320.79 4609.93 3518.31 Metals&Minerals 4159.84 4192.94 4254.27 4278.02 4242.97 4289.04 3273.56 In…


Serengeti eyes Kenyan property

Vancouver-listed Serengeti Diamonds can earn a half interest in a major greenstone belt in western Kenya. The area comprises 200 sq. km. of licences for the exploration and exploitation of gold, as we…


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