News

The First North American Rock Mechanics Symposium (NARMS) will be held at The University of Texas at Austin in Austin, Tex., June 1-3, 1994. The meeting is jointly sponsored by The U.S. National Commi…

Canada and Mexico recently signed an agreement to develop ties between the mineral industries in both countries. Under the new pact, Canadian and Mexican organizations can exchange experts and informa…

Toronto junior Vega Explorations (CDN) has optioned its gold property in Jacobson and Riggs twps., northeast of Wawa, Ont., to Hemlo Gold Mines (TSE). Under the terms of the agreement, Hemlo Gold can …

A $200,000 exploration program is under way at La Reyna project near Mazatlan, Mex., Aurizon Mines (TSE) reports. The work involves cutting grid lines, taking soil samples, mapping and re-logging of o…

Alberta-based nickel refiner Sherritt Gordon (TSE) plans to acquire more natural gas assets this year after a show of strength with its recent acquisition of Canada Northwest Energy (CNW). “Most of ou…

After carrying out a drill program which confirmed grade but not tonnage, Princeton Mining (TSE) announced it will not proceed with plans to acquire the Luz del Cobre copper deposit in Mexico. The pro…

Week’s Price (US Change Gold* $330.35 – $1.15 Silver* $ 3.60 – $0.11 Platinum* $346.75 – $21.50 Nickel** $ 2.82 + $0.01 Lead** $ 0.19 $0.00 Copper $ 1.00 $0.00 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…

Breckenridge Res. Ltd. 1,000,000 units @ 65 cents per unit where each unit consists of 1 sh and 2 wts. 2 Series A wts to purchase 1 sh. Plus an over-allotment of 150,000 units @ 60.125 cents per unit….

While gold has barely budged from the US$330-per-oz. level since the beginning of 1993, The Toronto Stock Exchange’s gold and silver index has soared by 15%. The index continued that rally during the …

A minimum 2,000 ft. of drilling on the Leeds property near Thetford Mines, Que., will be conducted by Noranda Exploration and Soquem to test the shallow depth potential of zinc mineralization discover…

Western markets remained relatively active during the report period ended noon today, Feb. 24, with investor interest now encompassing more than just diamond exploration activity in the Northwest Terr…

Semi-monthly reports as of Feb. 15, showed 50,901,585 shares of 622 issues compared with 51,188,527 shares of 567 issues on Jan. 31. Larger individual positions included: Amax Inc. 35,889, up 35,889; …