News

NEWS ROUNDUP — CSA revenues and expenses decline

Earnings and revenues for CSA Management (TSE) declined last year as a result of a non-recurring gain of $1.4 million on the sale of an investment in securities realized during 1992. CSA reported a ne…



Black Swan gets Liberty Bell

Junior Black Swan Gold Mines (TSE) can acquire a past-producing gold mine in Alaska from a private U.S. company, in return for issuing 20 million treasury shares. The Liberty Bell mine started up in t…


Cyprus, Holmstead in joint venture

Junior International Holmstead Resources (VSE) will join with Cyprus Canada to explore the former’s Rand gold property. The property comprises nine contiguous claims in the southeastern part of Kirkla…


Sherritt completes share offering

Toronto-listed Sherritt has offered 18.5 million common shares at $11 each, on a bought-deal basis. Proceeds of $194 million will be used partly for acquisitions. The company has entered discussions w…


Toronto Stock Exchange Indices (March 07, 1994)

— 1994 — Mar 1 Feb 28 Feb 25 Feb 24 Feb 23 High Low Composite”300″ 4390.43 4423.84 4364.23 4329.12 4368.35 4601.09 4286.54 Metals&Minerals 3584.95 3661.93 3618.73 3555.22 3569.71 3855.09 3495.59 Int…


Spot prices at a glance (March 07, 1994)

Week’s Price (US) Change Gold* $376.45 – $1.05 Silver* $ 5.24 + $0.06 Platinum* $390.25 – $3.25 Nickel** $ 2.59 – $0.06 Lead** $ 0.20 – $0.01 Copper $ 0.84 $0.00 Zinc $ 0.43 $0.00 Courtesy of Scotiaba…


T&H interested in cement plant

Junior T&H Resources (TSE) is negotiating with Michael Zhang for the right to acquire up to a 60% interest in a cement plant, near Changchun in southeastern China. By way of a private placement, Zhang…


Hemlo lawsuit back in courts

The battle for riches from Ontario’s famous Hemlo gold camp is back in the courts. Three motions are to be heard this week in the Ontario Court, General Division, regarding the 7-year-old lawsuit brou…





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