“We explore like hell.” That has become the unofficial motto of Newmont Gold’s (NYSE) exploration team in Nevada, said Gordon Parker, chairman of Newmont, at a Goldman, Sachs mining conference in New …
Semi-monthly report as of Oct 15 showed 36,316,842 shares of 630 issues, compared with 34,166,082 shares of 611 issues on Sept 30. Larger individual positions included: Agnico-Eagle 67,510 up 19,900; …
Eastern Goldfields (COATS) has delineated several geochemical soil anomalies on the company’s Shamrock property near Notre Dame Bay, Nfld. An anomaly striking for 1,600 ft contains values ranging up t…
Vancouver-based Canamax Resources (TSE) has elected to repay the $7.3 million it owes to affiliate Amax Gold (TSE) by issuing shares to the Colorado company. In connection with the plan, Canamax has a…
With nearly $2.5 million in its treasury, Toronto-based Exall Resources (TSE) says it will await better market conditions before launching any new programs on its gold properties at Red Lake, Ont. Exa…
Speculation that drilling by American Barrick Resources (TSE) has intersected another major gold deposit on a property near Carlin, Nev., has sparked a gain of more than 60% over the past two weeks in…
A series of private placements has netted Val d’Or Resources (ME) almost $2.4 million which will allow the company to meet its financial obligations contracted with Mines Abcourt (ME). Most of the fun…
Geddes Resources (TSE) says it has raised $9.9 million through a series of financings for exploration at its Windy Craggy copper-gold- cobalt project in northwestern British Columbia. The financings i…
Like its sister precious metals, silver has been in the doldrums of late. Unlike gold or platinum, however, the metal seems to face a greater up-hill battle for respectability among investors. Hoverin…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 24 Oct 23 Oct 20 Oct 19 Oct 18 Copper 1693-…
Joint venture partners are being sought by Kelowna-based Dia Met Minerals (VSE) to participate in the evaluation of a diamond prospect in Arkansas. The company recently filed a letter of intent with t…
A survey by the Gold Institute of Washington, D.C., involving companies responsible for 60% of U.S. gold output, indicates that between 1982 and 1988, these companies invested $614 million(US) in thei…
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