News


LAST BUT NOT LEAST — Central Fund sells warrants

Central Fund of Canada has sold 1,275,000 special warrants at $6.13 per special warrant. The issue raised $7.8 million. Each special warrant entitles the holder to receive a Class A share of Central F…



MSV, Soquem in placement deal

An agreement has been concluded between MSV Resources (ME) and Soquem whereby the latter will make a $1.2-million private placement to explore the Copper Rand and Portage properties in Chibougamau, Qu…


CHILEAN REVIEW — Rutile potential for Adex

A pair of rutile properties in northern Chile offer potential for Adex Mining (TSE). The wholly owned properties, Barranca Negra and La Rosada, are about four kilometres apart. At Barranca Negra, prel…



Crown to explore Argentinian play

Denver-based Crown Resources (TSE) has applied for exploration rights covering more than 200,000 acres in three provinces of northwestern Argentina. The ground covers extensions of the two largest kno…


Chile is leader in copper output

The largest producer and exporter of copper in the world is Chile. In addition to copper, the South American nation’s mineral output includes gold, silver, molybdenum, iron and nitrates. State-owned c…




NEWS ROUNDUP — Top 10′ gold producer

A “top 10” world gold producer the past two years, Chile turned out more than 39 tonnes of the yellow metal in 1992, up 20% from the previous year. Gold Fields Mineral Services of London, in its Gold …


Boron evaluates properties

Private placement funds totaling $500,000 will be used to evaluate boron properties held by the Chilean subsidiary of Boron Chemicals International (VSE) in Chile and Bolivia. The private placements w…


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