Vancouver junior Glamis Gold (TSE) has completed underwriting for the issue of two million special warrants worth $11.2 million. Each special warrant entitles the holder to receive one common share of…
Financings totaling US$27.9 million will enable Canyon Resources (NASDAQ) to advance two gold projects in the western U.S. and continue drilling three gold discoveries in Nevada, Montana and the Domin…
In an agreement with Virginia Gold Mines (ME), Soquem will acquire a 50% interest in the Sagar-I copper property, 85 km south of Fermont, Que. Soquem must subscribe to a private placement in Virginia …
A private placement worth $450,000 has been completed by Wheaton River Minerals (TSE). Two institutional investors each subscribed for 703,125 units at 32 cents each. Each unit consists of one common …
Toronto-listed Tombill Mines (TSE) plans to make a normal course issuer bid which would allow it to buy back nearly 84,000 of its class A voting shares and more than 85,000 class B shares. All the sha…
The Vancouver Stock Exchange resource index reached a record high of 1,353.02 before backing off to 1,313.68, for a gain of more than 23 points during the week ended June 22. The composite index lost …
The South American country of Chile is easily recognizable on a map. Long and narrow and fronting on the Pacific Ocean, it extends 4,300 km from Peru and Bolivia along its northern frontier to Cape Ho…
The Madhat property on Vancouver Island will be further explored this year by Orvana Minerals (VSE). Exploration is being funded by partner Reynolds Metals, which can earn a 50% interest by spending $…
Canada Eldor, a wholly owned unit of federally owned Canada Development Investment Corp., has sold five million shares of Cameco (TSE) to the public at $20.50 per share. The sale reduces federal owner…
Price (US) Week’s Change Gold* $367.00 – $3.00 Silver* $ 4.27 – $0.05 Platinum* $372.65 – $8.10 Nickel** $ 2.49 – $0.02 Lead** $ 0.18 $0.00 Copper $ 0.85 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…
A consortium headed by German firm Mannesmann Demag has won the bid to build and operate a ferrochrome plant in Tracy, Que., for Ressources Minieres Coleraine (ME). Demag is the world’s leading manufa…
Having advanced its St. Onge Twp. wollastonite deposit beyond the exploration stage, Orleans Resources (ME) is seeking additional funds for bulk-sampling and development. The project is “no longer an …
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