A general lack of market-moving news left western indexes drifting over our report period ended Dec. 7. The Vancouver Stock Exchange resource index added 6.67 points to close at 1,536.73 while the bro…
Price (US) Week’s Change Gold* $377.15 + $7.05 Silver* $ 4.96 + $0.53 Platinum* $376.75 + $10.00 Nickel** $ 2.26 + $0.16 Lead** $ 0.20 + $0.01 Copper $ 0.76 + $0.02 Zinc $ 0.45 + $0.03 Courtesy of Sco…
BGR Central Net Value $14.73 $6.20 Price $13.75 $6.875 Premium 10.9% Discount 6.67% Value $82,524,000 $112,200,576…
Drilling has resumed at Deak Resource’s (TSE) Kerr mine property in Virginiatown, east of Kirkland Lake, Ont. Two underground drills are on site and a third, surface, drill will be added shortly. Proj…
Among the trends that can be traced through this mining year is a significant rise in the number of gold operations reopened and base metal mines suspended (see Table 1) as of July 1. With 16 openings…
The Sudbury, Ont., plant of Dyno Nobel has become the first explosives facility in North America to meet the ISO 9000 standard. The ISO 9000 quality control standards were developed by the Internation…
Drills are turning on the Cross Lake kimberlite target in the Northwest Territories, with at least five holes planned. Ashton Mining of Canada (TSE) is earning a 51% interest from Pure Gold Resources …
A private placement of several hundred thousand units of Republic Goldfields (VSE) has been completed. The placement has gross proceeds of US$1.6 million, with each unit priced at US$2.25. A unit cons…
Kingsvale Res. — 937,500 shs @ 75 cents. Penn-Gold Res. — 600,000 shs @ 46 cents. Wheaton River Minerals — 3,575,000 units issuable upon exercise of special wts, each unit consisting of one common …
Toronto-based Holmer Gold Mines (ASE) has entered agreements with two investors to raise up to $1.3 million. The first private placement with MVP Capital (TSE) is for 1.2 million units at 30 cents eac…
Earnings of $453,000 for the nine months ended Sept. 30, 1993, have added to the fortunes of Westfield Resources (TSE). The debt-free company has cash and marketable securities totaling $24.3 million,…
Much attention has been drawn to the proposed royalties on metal mines in the United States. There, the House of Representatives has passed a bill calling for an 8% net smelter royalty on mines situat…
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