Gold, which seems to be having trouble cracking the US$400-per-oz. mark, pulled back this week. Entering our report period at better than US$390, the yellow metal was sitting at US$381 in London at pr…
Week’s Price (US) Change Gold* $381.00 – $11.70 Silver* $ 5.08 – $0.24 Platinum* $380.60 – $12.90 Nickel** $ 2.59 – $0.04 Lead** $ 0.23 $0.00 Copper $ 0.83 – $0.02 Zinc $ 0.45 – $0.01 Courtesy of Scot…
The substantial liabilities attributed to Milner Consolidated Silver Mines (ASE) (T.N.M., Jan. 17/94) were incorrect. Milner has a working capital of $1.7 million and Minerales de Copan S.A. de C.V. h…
The first of a 5-hole program on the Diablillos project in Argentina has returned an encouraging intersection. Pacific Rim Mining (VSE) reports a 326-ft. interval grading 0.12 oz. gold and 25.6 oz. si…
Nickel refiner Sherritt (TSE) will raise $194 million by issuing 18.5 million shares, on a bought-deal basis, at $11 each. The agreement, scheduled to be completed Feb. 10, is subject to regulatory ap…
Junior Atna Resources (VSE) can acquire a 75% stake in the Cumbre gold property in Chile. To do so, it has paid US$3,500 to owner Princeton Mining (TSE). It must pay a further 50,000 shares on signing…
Vancouver-based International Musto Explorations (TSE) has received offers both to joint-venture and, alternatively, sell its interest in the Bajo de la Alumbrera gold-copper deposit in Argentina. A f…
An agreement with Chinese officials allows Asia Minerals (ASE) to evaluate yet another polymetallic mineral project in the Asian country. During the past few years, the junior has evaluated several mi…
Australian-based M.I.M. Holdings has notified Granges (TSE) that it intends to sell all of its 12.7 million common shares of the company. The shares will be sold for not less than $4 per share, or on …
With an expanded gold and base metal property in New Brunswick and three gold concessions in the Northwest Territories, Nebex Resources (ASE) is preparing for a busy spring and summer. The company rec…
A junior searching for gold and base metal projects in Indonesia has caught the eye of one of North America’s largest gold mining companies. In a written proposal, American Barrick Resources (TSE) has…
Graphite producer Stratmin (ME) has completed a private placement of 1.7 million shares and an equal number of warrants. The warrants are exercisable for one year at 52 cents each. The placement raise…
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