Gold Funds (June 07, 1993)
BGR Central Net Value $12.49 $5.89 Price $11.50 $6.375 Discount 7.95% 8.2% Value $69,978,000 $107,254,913…
News
Cons. Nevada reports loss as mine expansion proceeds
Gold sales for Consolidated Nevada Goldfields (TSE) during the nine months ended March 31, totaled 18,294 oz. at an average price of US$384 per oz. Despite the premium to spot prices which averaged ab…
Toronto Stock Exchange Indices (June 07, 1993)
— Week — Jun 1 May 31 May 28 May 27 May 26 High Low Composite”300″ 3856.87 3882.68 3866.44 3869.72 3865.17 3883.42 3854.32 Metals&Minerals 2907.15 2952.02 2937.53 2944.09 2927.40 2952.02 2907.15 Int…
BOOKS IN BRIEF — Bonus system finds new favor in mining
Metal and Industrial Mineral Mine Salaries, Wages & Benefits: 1992-93 Survey Results and Coal Mine Salaries, Wages & Benefits: 1992-93 Survey Results. Contact: Western Mine Engineering Inc., Mining Co…
DIAMOND PAGE — Diamond Fields raises $5.7 million to buy
Flush with cash from a recent private placement with First Marathon Securities and Yorkton Securities, Diamond Fields Resources (VSE) has agreed to buy a Namibian diamond producer for US$3.3 million a…
Gignac details Omai operations
Details of the new Omai gold mine in Guyana were presented by the president of Cambior at a recent luncheon of the Canadian Institute of Mining, Metallurgy and Petroleum in Toronto. Louis Gignac said …
Program yields positive results from Aurizon’s La Reyna
A $200,000 exploration program has yielded encouraging results at Aurizon Mines’ (TSE) La Reyna copper-gold property in the western Mexican state of Sinaloa. A northeasterly-trending soil anomaly, 4,0…
DIAMOND PAGE — In Ontario and Quebec . . . Drill results
Results are beginning to trickle in from a 73-hole reverse circulation drill program on ground held by Sudbury Contact Mines (TSE) in the Kirkland Lake diamond camp, says exploration geologist Peter H…
Cambiex closes public offering
Montreal-based Cambiex Exploration has closed its initial public offering of 5,000 units at $1,000 per unit. Each unit consists of 800 flow-through common shares and 200 common shares at $1 per share….
Noble Peak wins private placement
Toronto-based Noble Peak Resources (ASE) has entered an agreement with four private investors to raise $750,000. The placement comprises about $600,000 in flow-through common shares at $1.05 per share…
Orleans processing bulk sample at St-Onge
Reaching what President Jean-Guy Masse describes as a major threshold, Orleans Resources (ME) has received positive results from samples taken on its St-Onge wollastonite deposit near Lac St. Jean, Qu…
Repadre Capital acquires NSR royalty on B.C.’s Golden Bear
Toronto-based Repadre Capital (VSE) has signed a letter of intent with Wheaton River Minerals (TSE) giving the former a net smelter return (NSR) royalty on all mineral production from North American M…