A final payment of US$790,000 by Minera Roca Roja SA de CV, a 50% owned subsidiary of Red Rock Mining (VSE), has resulted in the former claiming 100% ownership of the Amelia gold property near Magdale…
The proceeds of a recent private placement will be used by a wholly owned subsidiary of Princeton Mining (TSE) to explore and drill a newly optioned copper property in Chile. Last May, Minera Princeto…
After a 1-year drilling and evaluation program at the Andacollo copper-gold property in northern Chile, Placer Dome (TSE) says it is pulling out of the project. Placer paid US$1.2 million for the righ…
Lac Minerals (TSE) says it has reduced its gold hedge position to 704,000 oz. from 2.4 million oz. The company’s average hedged price increased to US$407 per oz. from US$378.
The Casa Berardi mine in Quebec was excluded from a list of Canada’s top 12 gold mines in a recent story (T.N.M., July 6/92). Owned by TVX Gold (TSE) and Golden Knight Resources (TSE) through a 60-40 …
Shareholders of Homestake Mining (NYSE) voted 92% in favor of a proposal to issue about 37.3 million common shares to acquire International Corona (TSE). Homestake received the necessary shareholder a…
The mention of age-dating may raise a few chuckles in some circles. But it really doesn’t have anything to do with pensioners going out with one another. Age-dating is the serious business of determin…
Semi-monthly reports as of July 15, showed 26,202,288 shares of 573 issues compared with 25,849,622 shares of 590 issues on June 30. Larger individual positions included: Aber Res. 68,500, down 49,700…
The first hole (92-1) of a program at the Sustut project 30 miles south of the Kemess area in British Columbia cut 121 ft. (from 43 ft. to 164 ft.) grading 0.6% copper and 0.025 oz. gold per ton, incl…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 21 July 20 July 17 July 16 July 15 Copper 1335-1336 1334-1335 1318-1319 1323-13…
Week’s Price (US) Change Gold* $357.10 + $6.15 Silver* $ 3.96 + $0.01 Platinum* $377.90 – $11.60 Nickel** $ 3.42 + $0.06 Lead** $ 0.30 + $0.03 Copper $ 1.17 + $0.01 Zinc $ 0.62 + $0.03 Courtesy of Sco…
Swannell Minerals Corp. – 2,250,000 shs offered @ 40 cents per sh. Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.
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