News


U.S.REPORT NEWS IN BRIEF Rhodes drops Gold Basin

Murray Pezim, chairman of Consolidated Rhodes Resources (VSE), announced in early June that the company had terminated its option to earn a 50% interest in the Gold Basin gold property in Arizona. Rho…



Noble options Timmins-area bet

Noble Peak Resources (ASE) has signed a letter of intent to option 15 claims in Cunningham Twp., near Timmins, Ont. The Isaiah Creek property, part of the Swayze greenstone belt, contains a chert-ir…


Eden Roc secures loan from U.S.

Marshall Minerals (ASE) and its subsidiary, Eden Roc Mineral (ASE), have secured a substantial loan to finance development at the Ivory Coast heap leach project. Overseas Private Investment (OPIC), a…


Goldnev issues shares for debt

Two recent agreements allowed Goldnev Resources (VSE) to settle debt by issuing shares and thereby eliminate its short-term debt. Goldnev issued Prime Equities (VSE) 477,942 shares in return for the …


Akiko, Gold Fields execute agreement

A recently executed agreement allows Gold Fields Canadian Mining to earn 50% interests in various mineral properties held by Akiko-Lori Gold (VSE) and several associated companies in northwestern Brit…




Unlisted Trading Strike resumes drilling

Announcing a third phase of drilling at the Robertson base metal property near Kirkland Lake, Ont., Strike Minerals advanced to 38 cents before dropping back to close at 32 cents for the week ended Ju…


Thunderwood draws a full house

With standing room only at the recent annual meeting of Thunderwood Resources (TSE), President and CEO John Heslop would have been hard pressed to review any more than the three projects that have bee…


PRODUCER PRICES (July 01, 1991)

ALUMINUM: MW U.S. Market US56.50-60.50 cents per lb. (Jun. 13, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CA…


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