USMX active in Puerto Rican copper-gold deposit
An advanced copper-gold deposit in Puerto Rico will be further tested this year by a drilling and metallurgical program funded by USMX (NASDAQ). The company recently acquired an approximate 50% equity…
News
THE DIAMOND PAGE — DHK group raises $7.2 million to explore
As an example of how the diamond frenzy is beginning to rub off on exploration for other minerals, DHK Resources will raise $7.2 million, through private placements, to spend on new projects. Since Ke…
STOCK MARKETS — Gold stocks sustain buoyancy of Western
The Vancouver Stock Exchange is experiencing its strongest market in recent years, with the latest quarter showing the second-highest volume on record, and the highest since 1987. The upsurge in gold …
Unlisted market joins computer age
The Canadian Dealing Network (CDN) has introduced a computerized surveillance system that will quickly identify trading patterns as well as price and volume fluctuations for all over-the-counter stock…
ME Rights and Warrants
Cambior – Wt buys sh @ $15.50 to June 30/95. Cameco – Wt buys sh @ $14.75 to Oct 1/94. Dofasco – Wt buys sh @ $20.50 to Apr 1/94. Metall Mining – Wt buys sh @ $14.00 to Mar 7/94. Metall Mining – A wt …
Metal Prices — FREE MARKET (June 21, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 15 June 14 June 11 June 10 June 9 Copper 1209-1210 1210-1211 1198-1199 1210-121…
American firms exploring Greenland properties
The mineral potential of Greenland will be investigated this year by two American mining companies under the terms of their respective agreements with a Greenlandic-Danish company, Nunaoil A/S. Atlas …
Battle Mountain offers preferreds
Houston, Tex.-based Battle Mountain Gold (NYSE) has offered two million shares of convertible preferred stock at US$50 per share to raise US$100 million. The preferred stock will pay an annual dividen…
NEWS ROUNDUP — Permit obtained for San Juan mine
Obtaining a permit to build and operate a mine in California was relatively easy for Siskon Gold (NASDAQ). The junior recently obtained approval to construct its San Juan gold mine, only a year after …
OBITUARY — Vaino Ronka
A key figure in the development of geophysical systems, Vaino Ronka, has died. A native of Finland, Ronka studied communications engineering and later geophysics at a university in Helsinki. After gra…
Toronto Stock Exchange Indices (June 21, 1993)
— Week — Jun 15 Jun 14 Jun 11 Jun 10 Jun 9 High Low Composite”300″ 3887.79 3872.16 3866.49 3875.44 3859.72 3887.79 3851.86 Metals&Minerals 2914.14 2945.07 2935.13 2967.23 2931.33 2970.44 2908.51 Int…
THE DIAMOND PAGE — St Andrew funding
Toronto-listed junior St Andrew Goldfields has issued four million special warrants at 80 cents each to raise $3.2 million. Each can be exchanged for one common share. Some of the proceeds will fund d…