Gold continued to rally during the week ended May 18, adding US$15 to US$375.25 per oz. in New York and pushing the Toronto Stock Exchange’s gold and silver index up 6.6% to a new 52-week high of 8717…
The Vancouver Stock Exchange was back in the news again as provincial government officials ordered an independent review of the Exchange and the securities commission. The government believes the VSE …
A reactivated Skyline Gold (TSE) has arranged financing to cover $720,000 of exploration programs for 1993. The programs, to be financed by the private placement, are in addition to a $250,000 program…
Recent financing arrangements have set the stage for Azco Mining (TSE) to bring the Sanchez operation into production in southeast Arizona. The copper project is one of three held by the company in th…
The association and the diamond drilling industry have weathered another trying year. In 1992, the association saw a general 17% drop in membership over 1991. Already, this year has begun to show a ma…
A 3,700-metre winter drill program in the Foster Lake area of northern Saskatchewan has yielded significant zinc and copper values for Noranda Exploration, a division of Noranda (TSE). At Hewetson Lak…
It is a double-edged sword that now hangs over the Canadian diamond drilling industry. By working hard, we have earned a worldwide reputation for high standards and efficient production. However, this…
Toronto-based Altai Resources (TSE) has entered a joint-venture agreement with Chimu Mining of Lima, Peru, covering property in the South American country. Alta has acquired an option to earn a 60% in…
A rights offering is being made to shareholders of Biron Bay Resources (ASE) entitling them to buy one unit in the company at 80 cents for every 10 rights held. Each unit consists of one common share …
Pine Bell Mines Ltd. (PNL:VSE) has changed its name to Bell Coast Capital Corp. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust.
Copper consumption in the Western world will continue to grow around 2% per year during the decade. We (Phelps Dodge) see the strongest growth coming from the Far East as infrastructure needs continue…
The pace of staking in the Northwest Territories has accelerated in recent months. But even as new companies jump into the diamond play, claims acquired during the early days of the rush may be droppe…
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