The Vancouver Stock Exchange’s record year is now official. The VSE reports trading activity reached the highest volume and value in its 86-year history. Volume in 1993 totaled 5.7 billion shares, a 4…
Three of four junior companies within the Hughes Lang Group have agreed to amalgamate and form a new company, CanGold Resources. Shareholders met Dec. 29 to vote on a proposal to amalgamate Hughes Lan…
The mood is bullish in the South American mining industry in spite of sagging world mine development and a bleak price outlook, which will continue rampant during 1994 as a result of global economic t…
In line with plans to focus increasingly on West Africa, Mutual Resources (VSE) has acquired an option to earn a 54% stake in the Sewum Tokosea gold concession in Ghana. Mutual initially paid $15,000 …
Detailed chemical and mineralogical studies are under way on drill core from the Fort MacKay precious metal deposit in northeastern Alberta. The joint venture is owned by Toronto-listed Tintina Mines …
Montreal-based Bruneau Minerals (ME) has raised $540,000 through two private placements. One placement raised $450,000, of which the company plans to spend $360,000 exploring three properties in Quebe…
Partners Westmin Resources (TSE) and Tenajon Resources (VSE) are reviewing results of underground drilling completed last year on the SB property, near Stewart, B.C. The program, which consisted of 85…
Results from the first seven holes of winter drilling at the Damoti Lake joint venture in the Northwest Territories fell short of expectations for the three owners. Partners Athabaska Gold Resources (…
Milner Consolidated Silver Mines (ASE) has entered an option agreement to sell its 25.5% interest in Minerales de Copan S.A. de C.V. to Fischer-Watt Gold (NASDAQ). The price is $1.4 million, to be pai…
Among the many heroes of Ontario’s Red Lake mining camp is Horace Greely Young, Sr. Honored for his work in that community in the province’s northwest, Young was born in Osnaburgh, Ont., in 1881 and g…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 11 Jan. 10 Jan. 7 Jan. 6 Jan. 5 Copper 1751-1752 1740-1741 1731-1732 1735-1736 1749-1750 Lead N/A 473-474 460-461 458-459 463-464 Z…
David Duval appointed vice-president, corporate development.
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