Rea set to acquire Nevada gold project
A letter of intent gives Rea Gold (TSE) a purchase option on the Mt. Hamilton gold project in eastern Nevada. The option is part of an agreement with owner Costain Minerals. In return, Rea must pay Co…
News
STOCK MARKETS — TSE gold and silver index rises to the
The Toronto Stock Exchange gold and silver index very nearly revisited the high set late this summer of 10,114.96. Late in our report period, on Oct. 26 to be precise, it came within a hair of that le…
METALS MARKETS — FREE MARKET (November 01, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Oct. 26 Oct. 25 Oct. 22 Oct. 21 Oct. 20 Copper 1596-1597 1623-1624 1615-1616 1616-1617 1621-1622 Lead 393-394 398-400 401-402 397-398 38…
PEOPLE — SHAMROCK RESOURCES (November 01, 1993)
Peter Kutney Hugh Mogenson and O. Devlin appointed directors.
PEOPLE — BELMONT RESOURCES (November 01, 1993)
Paul Pang elected presi- dent and director; Kenneth Liebscher, Gary Musil and Jake Bottay appointed directors.
Monk sells Sol Wood interest to Sikaman
Alberta-listed Monk Gold & Resources has sold to Sikaman Gold Resources (TSE) its 7.5% interest in the Sol Wood placer mine in Sierra Cty., Calif. In return, Monk will receive a $193,000 convertible d…
TOP 20 GOLD STOCK PERFORMERS
Company Stk Symbol Price $ Price $ Price 12/31/92 10/12/93 Change % Agnico-Eagle AGE 5.50 19.00 245.5 Royal Oak RYO 1.95 6.25 220.5 Goldcorp G 2.62 7.50 186.3 Franco-Nevada FN 26.38 70.50 167.3 TVX Go…
Global Stone on growth track
Since it was first listed in May of this year, Global Stone (TSE) has more than met its growth objective in the industrial minerals and construction aggregate sector. The company raised $27.9 million …
LAST BUT NOT LEAST… — Manson, partners rework agreement
Partners Manson Creek Resources (TSE), Athlone Resources (VSE) and Ballatar Explorations (VSE) have restructured their joint-venture agreement to acquire and explore mineral concessions in Venezuela. …
Westray managers may face legal bills of $1/2-m or more
A provincial court judge in New Glasgow, N.S., has dismissed defence motions to have criminal charges against Curragh (TSE) and two mine managers thrown out. The mining company and managers Gerald Phi…
Metals sub-index drops to lowest level since 1987
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index fell in August, hitting its lowest level since early 1987. Economist Patricia Mohr reports that prices for zinc, alum…
LETTERS TO THE EDITOR — Diamond investor urges patience
I am an individual investor who would like to help restore the confidence of diamond stock investors. Investors should be asking the following questions: Is the current price decline of Canadian diamo…