News

Amax Gold – Wt buys sh @ $21.00(US) to Jan 8/96. Ashton Mining of Canada – Wt buys sh @ $3.50 to Oct 27/95. Cambior – Wt buys sh @ $15.50 to Jun 30/95. Cameco – Wt buys sh @ $14.75 to Oct 1/94. Cominc…

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…

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…

The Lawrence County Board of Commissioners has refused to issue a land use permit to Minerva Explorations for a gold property in South Dakota. The Johnson Gulch property, 5 miles west of Lead, contain…

Week’s Price (US) Change Gold* $394.00 – $7.20 Silver* $ 5.11 – $0.12 Platinum* $387.25 – $9.75 Nickel** $ 2.59 + $0.20 Lead** $ 0.22 + $0.01 Copper $ 0.80 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…

For investment purposes, Goldcorp (TSE) recently exercised warrants to buy 1.1 million shares of Orvana Minerals (TSE) at 40 cents per share. Goldcorp now holds 6.7 million Orvana shares. In addition,…

The financial woes at German mining giant Metallgesellschaft (MG) continue to mount and, with its mounting difficulties, speculation is rife over the future of MG’s 50.1%-owned Canadian subsidiary, Me…

The Prospectors and Developers Association of Canada (PDAC) anticipates a large crowd for this year’s annual convention in early March at Toronto’s Royal York Hotel. More than 3,000 delegates are expe…

The Geological Survey of Namibia (GSN) recently began a program of geophysical activity to enhance the existing geophysical database with the aim of promoting and stimulating mineral exploration in th…

J. Von Loebenstein named vice-president and general manager of Cyprus El Abra; Don Murray named vice-president, finance and administration.

Dennis Cole appointed director, Land.

Earl Dobson appointed director.