Glimmer raises funds for Hislop
Junior Canadian Golden Dragon (VSE) will acquire 200,000 shares of Glimmer Resources (VSE) priced at $1 per share.The funds raised will be added to Glimmer’s working capital and fund a preliminary fea…
News
Green light for Trenton Canyon
The Trenton Canyon gold project of Santa Fe Pacific Gold (TSE) will undergo development.Situated 11 miles south of the company’s Lone Tree gold mine in northwestern Nevada, Trenton Canyon has yet to r…
DIAMOND NEWS ROUNDUP — Trillion Resources discovers Zimbabwean kimberlite
Soil results from a property in southwestern Zimbabwe have junior Trillion Resources (TSE) thinking diamonds.Soil sampling on the Sansukwe Exclusive Prospecting Order (EPO 790), which Trillion operate…
STOCK MARKETS — TSE trading gains reflect Diamond Fields negotiations
Talks of mergers and acquisitions by resource-sector companies and others helped the TSE 300 composite climb for the fourth week in a row. Over the 5-day report period ended June 6, the TSE 300 compos…
TSE SHORT POSITIONS (June 12, 1995)
Short positions outstanding at May 15, 1995.Larger individual positions included: Aber Res. 48,500; Agnico-Eagle 108,080; Asia Pacific 75,000; Baja Gold 71,500; Bema Gold 1,047,100; Breakwater 287,800…
U of T honors Barrick Gold’s Peter Munk
The University of Toronto has bestowed an honorary degree on renowned mining executive Peter Munk.The chairman and chief executive officer of Barrick Gold was awarded an honorary doctorate of law duri…
Spot prices at a glance (June 12, 1995)
Wednesday, June 7Week’sPrice (US)ChangeGold*$384.65+$0.40Silver*$5.34+$0.04Platinum*$432.15-$1.95Nickel**$3.51+$0.10Lead**$0.27-$0.01Copper $1.30+$0.01Zinca$0.45-$0.01…
Mill City and MacDonald assess Golden Hill project
An initial drilling program is under way at the Golden Hill project, situated within the 2,000-sq.-km Florencia-Jobabo concession near Camaguey, Cuba.Partners Mill City Gold Mining (VSE) and MacDonald…
Geomaque Explorations set to buy San Francisco gold royalty
Financing for the previously announced purchase of a 50% back-in option and a buy-back of a 3% royalty interest on the San Francisco gold property has been arranged by Geomaque Explorations (TSE).Geom…
Placer Dome increases Equity offer
Parent company Placer Dome (TSE) has raised its offer for all the shares of Equity Silver Mines (TSE) that it does not already own.The major is offering to buy the minority shares for 85 cents, up fro…
Hemlo options Ghanaian ground
Yet another Canadian-based gold producer has begun searching for the yellow metal in West Africa.Hemlo Gold Mines (TSE) is earning a 72% share of Birim Goldfields’ (CDN) 90%-held Dunkwa gold property …
Geomaque resists merger
The management of Geomaque Explorations (TSE) is asking shareholders to resist attempts by Great Lakes Minerals (TSE) to merge the two companies, telling them their share value would drop as a result….