The long odds of finding a potentially economic diamondiferous kimberlite pipe don’t appear to be daunting the growing number of junior companies now looking for such targets in North America. Western…
Week’s Price (US) Change Gold* $337.15 + $0.25 Silver* $ 3.79 $0.10 Platinum* $360.60 $1.15 Nickel** $ 2.73 $0.04 Lead** $ 0.19 + $0.01 Copper $ 0.92 $0.05 Zinc $ 0.45 $0.00 Courtesy of Scotiabank. In…
Gold Funds as of Apr. 6 BGR Central Net Value $9.70 $5.14 Price $7.75 $5.00 Discount 20.09% 2.7% Value $54,329,000 $84,121,500…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 6 Apr. 5 Apr. 2 Apr. 1 Mar. 31 Copper 1373-1374 1388-1389 1410-1411 1406-1407 1…
Semi-monthly reports as of Mar. 31, showed 61,066,784 shares of 662 issues compared with 67,018,621 shares of 655 issues on Mar. 15. Larger individual positions included: Aber 60,100, down 33,956; Ade…
Sherritt Gordon (TSE) has made a public offering of US$200 million aggregate principal amount of 934% notes due April 1, 2003. The underwriter is Goldman, Sachs & Co. Sherritt will use the proceeds pa…
Ontario prospectors found themselves defending the Kirkland Lake diamond play against an onslaught of negative commentary at a recent short course presented by the Prospectors and Developers Associati…
The Ontario Securities Commission is calling for a risk disclosure statement in the marketing of penny stocks. Effective June 1, such a statement will be provided (except in specified circumstances) t…
Drilling is under way at the Black Pine property, 17 miles southwest of Salmon, Idaho. Formation Capital (VSE), the owner, plans to drill 12 holes for a total of about 5,000 ft. A large, stratabound, …
Exploration of the Kliyul property, 200 km northeast of Smithers, B.C., will continue, Vital Pacific Resources (VSE) reports. Noranda Exploration is performing the work for associated company Hemlo Go…
Canadian geophysicist John Tuzo has called for a scientific revolution in the earth sciences. In a speech in Toronto, Wilson, who is one of the early proponents of continental drift and plate tectonic…
The exercise of a put option will result in Pegasus Gold (TSE) owning 60.5% of Australian-based Zapopan. Ventures Trident Limited Partnership holds a put option requiring Pegasus to buy its Zapopan co…
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