The former chairman of Phelps Dodge was named the eighth recipient of the Distinguished Service Award of the American Mining Congress (AMC). George Munroe will be presented with the award at the Jan. …
Having completed a positive technical review, Diamond Fields Resources (VSE) is proceeding with the acquisition of a 66.67% controlling interest in two producing kimberlite diamond mines in South Afri…
With various mining assets, cash in the bank and two new projects coming on stream this year, Teck (TSE) appears well positioned to reap the benefits of projected improvements in the gold and base met…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 18 Jan. 17 Jan. 14 Jan. 13 Jan. 12 Copper 1829-1830 1830-1831 1806-1807 1700-1761 1778-1779 Lead 496-497 496-497 496-497 483-484 47…
Following the completion of a $1.8-million rights offering, United Reef (TSE) plans to resume work on its Bamingui-Bangoran diamond project in the Central African Republic. The funds will be used to c…
The 1993 drilling program at the Butte Highlands gold prospect in Montana is complete and results indicate the presence of a consistent zone of gold mineralization. Orvana Minerals (TSE) is testing th…
A cease-trading order against Curragh (TSE) has been extended indefinitely. The order, dated Dec. 22, 1993, was extended after Curragh failed to appear before an Ontario Securities Commission hearing …
Junior Cliff Resources (TSE) has an option to acquire Princeton Mining’s (TSE) half interest in the share capital of Teranov Mining, a Princeton subsidiary. Teranov operates a wet mill at Baie Verte, …
The Alberta Stock Exchange (ASE) set records in 1993 in trading volume, trading value and total financing. Total trading volume exceeded 2.2 billion shares, up 157% from 1992. Total trading value incr…
The gold price strengthened somewhat over the week, rising nearly US$6 per oz. to US$392.70. However, gold equities put in a mixed performance. For example, Franco Nevada lost 63 cents to close at $93…
Investor interest in gold exploration companies is continuing to gain steam, with the Vancouver Stock Exchange resource index up almost 5% during the report period ended Jan. 18, to finish at the 1,77…
The sub-head for our unlisted trading (CDN) section, as printed on page 14 of our Jan. 10 issue, was incorrect. The table was for the year ended Dec. 31, 1993, while the weekly table was featured on p…
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