Workshop planned
An ore reserve workshop will be held in Toronto on Nov. 22 and 23 at the Noranda Sales office. The course, being organized by Matrix Consultants, will demonstrate a common-sense approach to testing fo…
Articles by Northern Miner Staff
RJK options Brinklow play
RJK Explorations (CDN) has acquired an option on the Brinklow gold property near Long Lac, Ont. The property has numerous gold occurrences associated with quartz veins, and grab samples have assayed 0…
Toronto Stock Exchange Indices (November 22, 1993)
— Week — Nov 16 Nov 15 Nov 12 Nov 11 Nov 10 High Low Composite”300″ 4257.20 4281.78 4302.78 4291.26 4269.53 4303.25 4245.52 Metals&Minerals 3193.46 3158.84 3184.07 3153.99 3069.68 3203.99 3033.45 In…
Minera completes optimization study at Bellavista
Minera Rayrock (TSE) has completed an “optimization” study on its Bellavista gold mine project in Costa Rica. The study involved re-evaluating the reserve potential and revising the production schedul…
Gold Funds (November 22, 1993)
Gold Funds as of Nov. 16 BGR Central Net Value $15.19 $6.07 Price $14.00 $6.75 Premium 11.2% Discount 7.84% Value $85,098,000 $122,170,275…
Financing (November 22, 1993)
Adobe Resources — 1.5 million shs @ 10 cents. Detector Resources — 1.7 million shs @ 10 cents. Grantham Resources — 1.7 million shs @ 10 cents. Lake Placid Resources — 2 million shs @ 10 cents. Pr…
Spot prices at a glance (November 22, 1993)
Week’s Price (US) Change Gold* $373.70 – $1.80 Silver* $ 4.55 + $0.02 Platinum* $375.75 – $1.00 Nickel** $ 2.08 – $0.04 Lead** $ 0.18 $0.00 Copper $ 0.73 – $0.02 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…
STOCK MARKETS — Gold stocks take breather as bullion price
Most of the gold stocks on the TSE were listless or falling slightly, probably because bullion itself shed a couple of dollars to US$373.70 per oz. over our report week. But in the equities there were…
NEWS IN BRIEF (November 22, 1993)
CanAlaska Resources (CKE:VSE) has changed its name to International CanAlaska Resources (ICA:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis. RM Trust Co. is the transfer agent.
LAST BUT NOT LEAST…Suit muddies water in Whitewood Creek
A unit of Goldstake Explorations (TSE) is suing Homestake Mining (NYSE) and its wholly owned subsidiary, Whitewood Development. Goldstake launched the action in the U.S. District Court for Colorado. I…
Madison lands Brazilian gold
In a deal with two private Brazilian companies, Consolidated Madison Holdings (VSE) can acquire the surface and underground mineral rights to 2,000 hectares in Mato Grosso state. The acquisition will …
LAST BUT NOT LEAST…Maufort proposes change of name
Shareholders of Ressources Maufort have approved a name change to Mines Dynacor. A corporate recovery plan will include a consolidation of shares on a 10-for-1 basis. The company will also seek financ…