Essex raises funds for Bolivian work
Essex Resources (VSE) is financing exploration work on its Miguela project in Bolivia by exercising 1.3 million share purchase warrants at 57 cents each.The company has 10.4 million shares outstanding…
Articles by Northern Miner Staff
DIAMOND NEWS ROUNDUP — Kola Peninsula explored for diamonds
Preliminary results from diamond exploration work carried out on the Kola Peninsula in northwestern Russia are encouraging.Russian-based Northern Mining has been exploring a land position comprising 2…
DIAMOND NEWS ROUNDUP — Agreement reached on Ghanian property
Vancouver-listed Mountain Lake Resources and Belgian-based Lazare Kaplan International have reached a deal that will help Mountain Lake acquire a diamond mining project in Ghana.MLR will be solely res…
STOCK MARKETS — Golds carry Toronto market up for the holidays
The Toronto Stock Exchange set another record high on Jan. 2, spurred by strength in the banks and golds. The TSE 300 composite index closed at 4,767.82, up 57.12 points or 1.2% from the close on Dec….
Gold Funds (January 08, 1996)
Gold Funds as of December 28, 1995BGRCentralNet Value$17.59$6.54Price$13.63$6.000Discount22.53%8.3%Value$137,504,000$108,595,800…
STOCK MARKETS — Rising resource index adds cheer to new year
Western markets rang in the new year on a positive note, with the Vancouver Stock Exchange resource index climbing more than 33 points to 1,292.05.The composite index also gained ground, closing the r…
Goldstake options property in Java
An Indonesian company has dealt Goldstake Explorations (TSE) an option to earn an 80% interest in two gold-silver properties on the island of Java.The properties, 120 km southeast of Jakarta, were sub…
Metal Prices — FREE MARKET (January 08, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateJan. 2 Jan. 1Dec. 29 Dec. 28 Dec. 27Copper2805-2810N/A2795-27972890-28952844-2846Lead696-697N/A714-715711-712719.5-720.5Z…
Gold Reserve increases resource
New calculations by Gold Reserve (TSE) have increased the estimated gold resource at the Brisas concession in the Kilometre 88 region of southern Venezuela.The estimate jumped to 4.1 million from 3.6 …
Freewest deals options on New Brunswick plays
Freewest Resources (TSE) has closed its office in Bathurst, N.B., but exploration on at least three of its holdings in that province will continue in other hands.Inmet Mining (TSE) is earning a 60% in…
Meetings (January 08, 1996)
MEETINGSJan. 15, Adamas Jan. 15, Amarc Res. Jan. 15, Atcor Jan. 15, AGF Jan. 15, Amarc Jan. 15, Kuma Jan. 16, Blue Regal Jan. 16, Emerald Isle Jan. 16, Pacific Golden Spike Jan. 17, Ecuadorian Jan. 17…
Troymin, Butec drilling Hawk Ridge
Joint-venture partners International Butec Industries (VSE) and Troymin Resources (ASE) have started drilling their Hawk Ridge copper-nickel prospect in the Ungava region of northern Quebec.The compan…