NEWS IN BRIEF (December 19, 1994)
Goldpark Mines & Investments (GKT:TSE) has changed its name to Goldpark China on a share-for-share basis.
Articles by Northern Miner Staff
GOLD FUNDS (December 19, 1994)
Gold Funds as of Dec 12 BGR Central Net Value $16.81 $6.36 Price $13.38 6.375 Discount 20.44% Premium 0.2% Value $133,778,000 $115,383,038…
Toronto Stock Exchange Indices (December 19, 1994)
— 1994 — Dec 13 Dec 12 Dec 9 Dec 8 Dec 7 High Low Composite”300″ 4044.41 4045.09 4034.33 4046.57 4079.78 4609.93 3518.31 Metals&Minerals 3894.53 3948.92 3953.73 3960.50 4021.40 4289.04 3273.56 Integ…
Tan Range options Nigel gold mine
Alberta-listed Tan Range Exploration (ASE) has an option to buy the Nigel gold mine in South Africa’s Witwatersrand district. Up to its closure in 1991, the mine produced more than 3.3 million oz. gol…
Princeton expands Similco reserves
A drilling program has boosted the reserve base of the Similco mine project in southwestern British Columbia. Princeton Mining (TSE) says minable reserves at the Ingerbelle deposit have risen to 56.6 …
Francisco augments Mexican holdings
Vancouver-listed Francisco Gold has added to its portfolio of gold-silver projects in Mexico. The junior has agreed to acquire 50.1% of privately owned Goldeneye Explorations for $2 million. Goldeneye…
Platinova financing for zinc project
Toronto-listed Platinova A/S is planning to issue 2 million units, each of which will consist of a Platinova common share and purchase warrant. The unit price will be based on the average price of the…
Placer dropping Gowest option
An option agreement given to Placer Dome (TSE) and covering 2,400 acres in northeastern Ontario will be terminated by Placer, Gowest Amalgamated Resources (ASE) reports. The property adjoins, to the e…
NEWS ROUNDUP — MIM selling Asarco shares
Australian firm MIM Holdings is selling 9.5 million shares of Asarco (NYSE) at US$28 per share in an international offering. Of that total, a U.S. syndicate is offering 6.6 million shares; the interna…
NEWS ROUNDUP — Anvil completes $30m offering
The sale of a $30-million offering of flow-through shares and silver royalty certificates is complete, Anvil Range Mining (TSE) reports. The company plans to use the funds for stripping of its Grum de…
Asarco strives to meet objectives
To date, Asarco (NYSE) has spent nearly $1 billion in an effort to move the thrust of its operations away from custom smelting and refining, and more towards copper and lead production. The money was …
IMPACT active in Guyana
Vancouver-listed IMPACT Minerals can acquire the Growler gold property in central Guyana. The agreement is with a Guyanese partnership, Eagle Mountain Associates. IMPACT may earn its initial interest …