Vancouver-based Aurizon Mines (ARZ-T) has arranged a $7-million financing, proceeds from which will be used to acquire and explore the Casa Berardi gold mine in northwestern Quebec.The first installme…
The Alcan-Alcoa consortium has declined to submit a bid in the privatization of Venezuela’s aluminum companies, stating that the risks inherent in the current privatization process far outweigh the po…
Alaska and Russia share a relationship, and companies wishing to do business in eastern Russia should consider opening an office in Alaska.The most obvious advantage of Alaska-based offices for Russia…
Dragoon Resources (DGN-V) has changed its name to Seabridge Resources (SEA-V) on a 1-new-for-10-old-share basis.
The Mining Standards Task Force of the Toronto Stock Exchange (TSE) and the Ontario Securities Commission (OSC) has proposed the strictest disclosure rules for mining companies of any jurisdiction in …
Gold Funds as of June 4, 1998BGRCentralNet Value$14.90$5.82Price$10.70$5.
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The Vancouver Stock Exchange composite index lost 14.98 points, or 2.5%, to close the report period ended June 9 at 573.81. The mining index slid 19.16 points, or 4.3%, to finish at 422.60. Meanwhile,…
With the help of IBK Capital, Golden Phoenix Minerals (GPXM-O) is raising up to US$3.5 million in equity financing, most of which will be used this year to fund exploration on its principal properties…
Wednesday June 10, 1998Price (US)Week’s ChangeGold*$294.15+ $0.80Silver*$ 5.36…
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 9/98 (US$ per tonne):MetalsCash Price3 Month Price…
Although Nevada miner Getchell Gold (GGO-T) posted a substantial first-quarter loss, reserve expansion at its namesake mine, ongoing construction at the Turquoise Ridge project and hedging leave it we…
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