Gold producer Hemlo Gold Mines (TSE) is looking to sell its 48% interest in Central Crude (TSE) and its 60% interest in the Eagle River gold project, near Wawa. The decision followed a review of Eagle…
Junior Spirit Lake Explorations (ME) has completed two of three previously announced private placements for a gross amount totaling $300,000. Proceeds will go toward exploring the LaSalle concession i…
ALUMINUM: MW U.S. market US49.5-50.5 cents per lb. (Nov. 11, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…
Drilling on El Dorado, a gold project in El Salvador, continues to extend the Nueva Esperanza vein discovery. The project is being explored under a joint venture among three companies: Mirage Resource…
With drilling completed for the season at its Casino copper-gold-molybdenum project in the southern Yukon, Pacific Sentinel Gold (VSE) has arrived at a preliminary mineral estimate. The deposit is bel…
With the Christmas doldrums fast approaching, western markets finished little-changed over the period ended Nov. 30. Although weak oil prices helped push gold down to the US$370-per-oz. level, the yel…
Antares Mining and Exploration (TSE) has gained access to the Long John Eight orebody at the Lady Lina gold property in Zimbabwe. Underground development is planned to evaluate and upgrade, to reserve…
Underwriters Sprott Securities and Levesque Beaubien Geoffrion will issue two million special warrants of Richmont Mines (TSE) to Canadian investors in December. Each warrant, priced at $4, will entit…
Two officers of Wheaton River Minerals (TSE) sold shares in September and October. According to the Ontario Securities Commission’s OSC Bulletin, President Visco Jutronich sold 102,500 shares at $1.80…
Exploration is under way on Venezuela’s Lo Increible property, and expectations are running high. Labyrinth Resource (VSE), which has a market capitalization of close to $90 million, holds an option o…
The rabid environmentalists seem to be stymied in their campaign to shut down the logging industry of Clayoquot Sound in British Columbia. The government stands firmly committed to its land-use decisi…
Week’s Price (US) Change Gold* $370.10 – $6.00 Silver* $ 4.33 – $0.22 Platinum* $366.75 – $5.90 Nickel** $ 2.10 – $0.02 Lead** $ 0.19 + $0.01 Copper $ 0.74 $0.00 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…
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