Farallon to issue special warrants
Farallon Resources (VSE) has entered into a letter of agreement with underwriters to issue between 2.5 million and 3.2 million special warrants, at a price of $6.25 each, for proceeds of up to $20 mil…
Farallon Resources (VSE) has entered into a letter of agreement with underwriters to issue between 2.5 million and 3.2 million special warrants, at a price of $6.25 each, for proceeds of up to $20 mil…
ALUMINUM: MW U.S. market US76.5-77.5 cents per lb. (April 5, 1996).ANTIMONY: MW New York dealer US$1.80-$1.95 per lb. (April 5, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).C…
London Metal ExchangeSpot closing prices in $US per tonneDateApril 16 April 15April 12April 11April 10Copper2565-2567 2591-25932587-25902553.5-2555.52495-2497Lead804-805 820-822815-818 833…
Short positions outstanding at March 29, 1996Larger individual positions included: Barrick Gold 8,685,603; Anvil Range Mining 353,800; Bema Gold 3,330,740; Cambior 103,900; Campbell 1,184,670; Cominco…
Taking advantage of a recent surge in its share price, Westmin Resources (TSE) is selling 10.3 million units from its treasury to a group of underwriters for gross proceeds of roughly $100 million.Eac…
The recent change in management at MSV Resources (TSE) has spelled the end of a merger proposal between that company and Atlas (NYSE).Andre Fortier, after replacing Mario Caron as MSV’s chief executiv…
Drilling at the Voisey’s Bay nickel-copper-cobalt deposit in Labrador has expanded the basal mineralized zone known as the Eastern Deeps.Diamond Fields Resources (TSE), while drilling Hole 244 from a …
A $10-million financing is providing TNK Resources (CDN) with funds to explore and expand its Indonesian property holdings.The junior plans to increase its interest to 50% from 30% in the Marunda Waha…
Uncertainty over Venezuela’s mining laws is stalling development of the Las Cristinas gold project of Placer Dome, yet this has not dampened the spirits of next-door neighbor Crystallex International …
Industrial minerals often take a back seat to more glamorous commodities such as gold and diamonds, at least when it comes to investor interest. But one company that believes specialty metals and indu…
Bolivia has long been known for its mineral wealth, and, in recent years, the country’s relative political stability has resulted in an influx of junior exploration and development companies.The count…
It rained, then poured on Placer Dome (TSE) in the first quarter, as production shortfalls at some of its gold mines were followed by a tailings spill in the Philippines.The spill at the San Antonio c…
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