Toronto-listed Northgate Exploration has bought a US$3.5-million, 8% convertible note of American Resource (NASDAQ). The note is convertible into common shares of American or a 3.5% net smelter return…
A delegation of Mexican mining officials is scheduled to attend Calgary Mining Forum ’94, Feb. 10-11 in Calgary, Alta. The visitors will speak on mineral investment opportunities in Mexico and meet wi…
A previous article (T.N.M., Nov. 15/93) concerned the late Randy Mills (or “RPM,” as I call him), a fantastic promoter and financier in the period 1950-1976. He was a great man and a quiet giant among…
The Diavik project in the Northwest Territories has received some encouraging news. Analysis of kimberlite from the C-13 target returned 15 macrodiamonds and 40 micros from five holes and 269 kg of co…
Dencam Development (DNM:VSE) has changed its name to Consolidated Dencam Development (CMO: VSE) on a 1-new-for-2.5-old-share basis.
Having completed a 1-for-7 share consolidation and a name change, Metallica Resources (CDN) — formerly Burgess Point Resources — has acquired Venezuelan Mineral Development Corp. (Vencorp). Vencorp …
A gold prospect next to the producing Sleeper gold mine in Nevada is providing a new exploration focus for X-Cal Resources (TSE). Sampling on the X-Cal-York Mines property has returned an 11-ft. width…
To cover fully an area of intense hydrothermal alteration, Goldbrook Explorations (ASE) has acquired an additional 12 units adjoining its Onaman River base metal property. The property, north of Beard…
Gold’s more-than-US$10-per-oz. drop during the period ended Jan. 25 had Western markets backtracking. The Vancouver Stock Exchange resource index lost more than 50 points to close at 1,722.22, while t…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 25 Jan. 24 Jan. 21 Jan. 20 Jan. 19 Copper 1858-1859 1846-1847 1842-1843 1859-1860 1863-1887 Lead 506-508 504-505 508-509 508-509 49…
A drilling program has been started by Cyprus Canada on the Noyon Twp. gold property in Quebec. The property is owned 70% by Northway Explorations (TSE) and 30% by T&H Resources (TSE). In 1993, a prel…
— 1994 — Jan 25 Jan 24 Jan 21 Jan 20 Jan 19 High Low Composite”300″ 4456.21 4465.80 4501.94 4542.38 4562.90 4574.32 4286.54 Metals&Minerals 3625.50 3613.25 3619.51 3717.27 3726.96 3742.06 3495.59 In…
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