Gold and diamond stocks managed to hold their own amid the volatility that gripped North American financial markets during the week ended Oct. 6. Spurred on by major buyers looking for a safe investme…
Incentive term loans from two Ontario government agencies totalling $1 million have been made available to Jarvis Resources (VSE) to establish a marble cutting and polishing facility near Sudbury, Ont…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 6 Oct. 5 Oct. 2 Oct. 1 Sept. 30 Copper 1322-1323 1313-1314 1331-1332 1319-1320 …
A private placement has increased Glimmer Resources’ (VSE) issued shares to 2.1 million and raised enough money for the company to maintain its 40% interest in the Beatty-Hislop gold project in northe…
Semi-monthly reports as of September 30 showed 28,399,927 shares of 560 issues compared with 28,383,779 shares of 566 issues on September 15. Larger individual positions included: Aber Res. 50,200, do…
Hedley Pacific Mining Corp. Ltd. (HED:VSE) has changed its name to Hedley Pacific Ventures Ltd. (HED:VSE) with no consolidation in capital. The transfer agent is Montreal Trust.
Assay results were released by Coral Gold (VSE) from the latest round of drilling on the Robertson joint venture gold property at Crescent Valley, Nev. Three of five holes drilled by partner Amax Gold…
Drilling is under way at the Asia Pacific copper-gold property on the Philippine island of Negros, joint venture partners Starmin Mining (TSE) and Adonos Resources (TSE) report. The program is aimed a…
Nevada accounts for 60% of gold produced in the U.S. and about 9% of world production, according to the Nevada Bureau of Mines and Geology. In 1991, the state produced 5.8 million oz. gold worth US$2….
A joint venture formed by several parties will spend US$4 million during the next two years on exploration for gold, silver, lead, and zinc near Fairbanks, Alaska. Involved in the venture are Sumitomo…
A copper smelter planned for Texas City, Tex., will not be constructed by Mitsubishi Materials Corp. of Japan. Estimated cost of the facility, first announced by Mitsubishi’s U.S. subsidiary Texas Cop…
Denver-based Newmont Mining (NYSE) has acquired the mining rights to two properties owned by Atlas Gold (NYSE). They are the Grassy Mountain property in Malheur Cty., Ore., and the Musgrove Creek prop…
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