News

Robex plans drill program for Baie Bateman property

A flow-through financing worth $350,000 will allow Ressources Robex (ME) to proceed with a drilling program and ore-reserve re-evaluation at the Baie Bateman property in the Chibougamau area of Quebec…


NO HEADLINE (February 03, 1992)

Geotech Capital Corp. (GEO:VSE) has changed its name to Vector Venture Corp. (VVG:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis.


FUTURES PRICES (February 03, 1992)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 98.70 96.30 98.60 + 2.05 Mar 99.30 96.75 98.90 + 1.95 Apr 97.10 97.10 98.85 …. SILVER (in US cents per oz.)…


Toronto Stock Exchange (February 03, 1992)

Shares of Agnico-Eagle Mines and affiliate Goldex Mines reacted to drill results from an area north of the LaRonde mine in Quebec during the week ended Jan. 28. News that Agnico had cut a 9.5-ft. inte…


Alberta Stock Exchange (February 03, 1992)

Shares of Horseshoe Gold Mining doubled in value during the week ended Jan. 28 as the company announced a joint venture on its Willow Creek gold property in Nevada. Coeur Explorations, a subsidiary of…


Speculation runs high on Cortez-Robertson

A recent gold discovery on the Cortez joint venture owned 60% by Placer Dome (TSE) helped push Coral Gold’s (VSE) share price to new highs on speculation the deposit may extend on to an adjoining prop…


New Eskay deal for Placer, Corona

The latest round of discussions between a tougher Placer Dome (TSE) and a more-willing-to-compromise International Corona (TSE) culminated in a new deal for development of the Eskay Creek deposit nort…


Cal Graphite, Takla settle litigation

An agreement to settle a lawsuit between Takla Star Resources (ASE) and Cal Graphite (VSE) has been reached, the companies report. However, Takla says it will continue its lawsuit against E.J. Blancha…


Royal Oak acquires Broulan

Vancouver-based Royal Oak Mines (TSE) recently purchased the interests of Belmoral Mines (TSE), Cabre Exploration (TSE) and Wrightbar Mines (ME) in 58 claims containing the former Broulan and Porcupin…


PRODUCER PRICES (February 03, 1992)

ALUMINUM: MW U.S. market US52.25-55.00 cents per lb. (Jan. 16, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…


Glimmer financing cancelled

A private placement of 25 units with Georgia Pacific Securities has been cancelled, says Glimmer Resources (VSE). Proceeds of $125,000 from the placement would have helped Glimmer pay for its share of…


Spot prices at a glance (February 03, 1992)

Week’s Price (US) Change Gold* $355.40 – $1.45 Silver* $ 4.16 – $0.10 Platinum* $346.50 + $6.75 Nickel** $ 3.48 – $0.09 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.02 Zinc $ 0.53 + $0.00 Courtesy of Scotia…


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