Ecuadorian raises funds for Gaby
A private placement of up to 4 million units at $2.25 each will provide additional funding for Ecuadorian Minerals (TSE), leaving the company well-funded for final feasibility work on its Gaby gold-po…
News
Pacific Comox expands trenching at Adansi Asaasi
More soil sampling and trenching are in progress on the Adansi Asaasi property in Ghana.Pacific Comox Resources (VSE), which can acquire up to an 85% interest in the property, has completed 14 trenche…
DIAMOND NEWS ROUNDUP — Trade Winds drills Drybones
Exploration drilling is under way at the Drybones Bay property, 50 km south of Yellowknife, N.W.T.Trade Winds Resources (VSE), which holds an option to earn an 80% interest in the property, intends to…
Employment figures kick-start western markets
Western markets managed to rebound from a 1-day drop triggered by a stronger than expected employment growth south of the border for the report period ended March 12.The Vancouver Stock Exchange resou…
Madison, Avenir plan to explore Brazilian properties
A proposed amalgamation between Consolidated Madison Holdings (VSE) and Future Avenir (CDN) will create a new junior exploration company with a focus on Brazil.Shareholders of Future Avenir will recei…
Moneta consolidates at Night Hawk
With both Royal Oak Mines (TSE) and Echo Bay Mines (TSE) bringing properties in the Night Hawk Lake area, east of Timmins, Ont., into production, junior explorer Moneta Porcupine Mines (TSE) has been …
Producer Prices (March 18, 1996)
ALUMINUM: MW U.S. market US75.5 CENTS-76.5 CENTS per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Metal Prices (March 18, 1996)
.FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDateMarch 12March 11March 8March 7March 6Copper2604-2606.52597-26002606.5-2608.52552-25542566-2568Lead799.5-801.5772.5-…
Resource stocks up in otherwise gloomy market
The Toronto Stock Exchange felt the effects of New York’s bad days last week, but rallied to finish the period ended March 12 with only a fractional loss. The TSE 300 composite index was down 59.72 po…
Attwood acquiring Slovakian properties
The acquisition of a 70% stake in Takama Resources will give Attwood Gold (VSE) an interest in gold properties in Slovakia.In return for the interest, Attwood will pay Takama an aggregate of $600,000 …
Demand adds to its holdings in the Yukon
Additional staking is expanding the ground position of Demand Gold (VSE) in the Wolverine Lake-Kudz Ze Kayah area of southeastern Yukon.The company acquired a 68-claim block covering a broad magnetic …
Swiss gold sought by Isleinvest
As a first step in the expansion of its activities, Isleinvest (ASE) has agreed to acquire the Swiss mining claims and related assets of Societe d’Exploration d’Or Helvetique of Toronto.Subject to the…