The strong markets that started the year continue to benefit from reasonable demand and speculative activity on the part of investors, particularly in base metals. Stock markets normally lead physical…
Drilling has started on Canmine Resources’ (CDN) FER property near Flin Flon, Man. The first hole of the program will be drilled vertically to a depth of 2,000 ft. The work will test electromagnetic a…
A cease-trading order against Curragh (TSE) has been extended indefinitely. The order, dated Dec. 22, 1993, was extended after Curragh failed to appear before an Ontario Securities Commission hearing …
The article “Despite obstacles, Ontario attracting miners” (T.N.M., Dec. 27/93) is stretching the truth to some extent. Mining executives at the 2-day symposium in Toronto organized by Ontario’s Minis…
Documents relating to the North American activities of Toronto-listed Potash Corp. of Saskatchewan (PCS) and its subsidiary, Potash Corp. of Saskatchewan Sales, have been subpoenaed by the antitrust d…
The 10th annual Canadian Engineering Competition is scheduled for March 4 and 5 at Toronto’s downtown Novotel Hotel. Some 100 undergraduate engineering students from across Canada will compete in one …
Having completed a positive technical review, Diamond Fields Resources (VSE) is proceeding with the acquisition of a 66.67% controlling interest in two producing kimberlite diamond mines in South Afri…
The Alberta Stock Exchange (ASE) set records in 1993 in trading volume, trading value and total financing. Total trading volume exceeded 2.2 billion shares, up 157% from 1992. Total trading value incr…
The gold price strengthened somewhat over the week, rising nearly US$6 per oz. to US$392.70. However, gold equities put in a mixed performance. For example, Franco Nevada lost 63 cents to close at $93…
Investor interest in gold exploration companies is continuing to gain steam, with the Vancouver Stock Exchange resource index up almost 5% during the report period ended Jan. 18, to finish at the 1,77…
Semi-monthly reports as of Dec 31, showed 69,078,255 shares of 800 issues compared with 70,209,457 shares of 792 issues on Dec 15. Larger individual positions included: Aber 136,000; Agnico-Eagle 146,…
Week’s Price (US) Change Gold* $392.70 + $5.90 Silver* $ 5.32 + $0.21 Platinum* $393.50 + $6.25 Nickel** $ 2.63 + $0.04 Lead** $ 0.23 + $0.01 Copper $ 0.85 + $0.05 Zinc $ 0.46 + $0.01 Courtesy of Scot…
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