The financial woes at German mining giant Metallgesellschaft (MG) continue to mount and, with its mounting difficulties, speculation is rife over the future of MG’s 50.1%-owned Canadian subsidiary, Me…
For investment purposes, Goldcorp (TSE) recently exercised warrants to buy 1.1 million shares of Orvana Minerals (TSE) at 40 cents per share. Goldcorp now holds 6.7 million Orvana shares. In addition,…
Week’s Price (US) Change Gold* $394.00 – $7.20 Silver* $ 5.11 – $0.12 Platinum* $387.25 – $9.75 Nickel** $ 2.59 + $0.20 Lead** $ 0.22 + $0.01 Copper $ 0.80 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…
The Lawrence County Board of Commissioners has refused to issue a land use permit to Minerva Explorations for a gold property in South Dakota. The Johnson Gulch property, 5 miles west of Lead, contain…
The Vancouver Stock Exchange’s record year is now official. The VSE reports trading activity reached the highest volume and value in its 86-year history. Volume in 1993 totaled 5.7 billion shares, a 4…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 11 Jan. 10 Jan. 7 Jan. 6 Jan. 5 Copper 1751-1752 1740-1741 1731-1732 1735-1736 1749-1750 Lead N/A 473-474 460-461 458-459 463-464 Z…
Amax Gold – Wt buys sh @ $21.00(US) to Jan 8/96. Ashton Mining of Canada – Wt buys sh @ $3.50 to Oct 27/95. Cambior – Wt buys sh @ $15.50 to Jun 30/95. Cameco – Wt buys sh @ $14.75 to Oct 1/94. Cominc…
Gold Funds as of Jan. 12 BGR Central Net Value $16.68 $6.44 Price $16.00 $7.375 Premium 14.5% Discount 4.10% Value $93,461,000 $133,482,338…
The Mexican subsidiary of Echo Bay Mines (TSE) has reached an agreement to earn up to a 60% interest in the Paredones Amarillos gold project in Baja California Sur territory. Baja Gold (TSE) owns the …
Consolidated Golden Pyramid Resources (CBP:VSE) has changed its name to Data Dial International on a share-for-share basis.
Having completed a crosscut to reach the 6723 stope at the Macassa gold mine of Lac Minerals (TSE) west of Kirkland Lake, Ont., recovery workers are clearing the loose material that resulted from rock…
Project partners Winslow Gold (VSE) and Northwind Ventures (VSE) have intersected an auriferous skarn zone at the Rock Creek-Dayton Camp property in southeastern British Columbia. Hole 93-DC2-8 inters…
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