At the start of 1994, the price of gold seemed likely to reach the US$400-per-oz. benchmark, while many producers of base metals were either reporting losses or, at best, struggling to break even. At …
Preliminary exploration is under way on the Globe Canyon gold property in San Bernardino Cty., Calif. Having completed soil and rock sampling, Golden Chief Resources (VSE) will carry out geophysical s…
The Great Canadian Diamond Play gave investors a heart-stopping ride in 1994. The rise to a speculative peak in the summer followed by the diamond market’s subsequent crash to its current depressed le…
London Metal Exchange Spot closing prices in $US per tonne Date Dec. 27 Dec. 26 Dec. 23 Dec. 22 Dec. 21 Copper N/A N/A 2989-2990 3004-3006 2967-2970 Lead N/A N/A 639.5-640 644-645 634-635 Zinc N/A N/A…
ALUMINUM: MW U.S. market US89.5 cents-90.5 per lb. (Dec. 9, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…
Having acquired a prospecting licence for the Dunkwa gold property in Ghana, Birim Goldfields (CDN) is setting its sights on production, possibly within three years. President Stuart Lee says the comp…
The joint owners of the Goldstream mine can earn a half interest in the Cottonbelt massive sulphide property of CanQuest Resource (CDN). Both properties are in British Columbia’s Revelstoke district. …
Toronto-listed Pangea Goldfields has calculated a drill-indicated geological resource of 939,978 oz. gold at its Fenn-Gib property near Matheson, Ont. The resource, based on 87,000 ft. of drilling, is…
Week’s Price (US) Change Gold* $381.80 – $0.70 Silver* $4.81 – $0.02 Platinum* $416.00 – $1.50 Nickel** $3.89 + $0.11 Lead** $0.29 $0.00 Copper $1.36 + $0.02 Zinc $0.51 + $0.01 Courtesy of Scotiabank….
Underground development work at the Evening Star mine at Rossland, B.C., is returning high-grade gold values for owner Pacific Vangold Mines (VSE). Recent work included an extension of the haulageway …
The Toronto Stock Exchange’s Committee on Corporate Governance in Canada has delivered its final report, following a process that began almost two years ago. The committee’s recommendations, which wou…
Minority shareholders of Craibbe-Fletcher Gold Mines (CDN) have voted 89.7% in favor of an amalgamation with a wholly owned subsidiary of Placer Dome (TSE). Placer controls Craibbe-Fletcher through it…
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