1993

NEWS ROUNDUP — Loubel options Messeguay play

A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…



Inco completes TVX transaction

Nickel miner Inco (TSE) has sold its 61.9% interest in TVX Gold (TSE) to a group of Canadian underwriters led by Wood Gundy and Burns Fry. Proceeds from the sale, after underwriting commissions, total…


USMX may buy Idaho ground

NASDAQ-listed USMX has the right to acquire about 10,000 acres of patented and unpatented mining claims in the Thunder Mountain mining district of central Idaho. The agreement covers the Thunder Mount…






Spot prices at a glance (August 02, 1993)

Week’s Price (US) Change Gold* $391.80 + $0.20 Silver* $ 5.07 + $0.02 Platinum* $405.60 + $1.85 Nickel** $ 2.24 + $0.02 Lead** $ 0.18 $0.00 Copper $ 0.88 + $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scotia…


Cazador, Granduc plan merger

A planned merger between Cazador Explorations (VSE) and Granduc Mines (TSE) should go a long way toward raising the required financing to bring the Keystone gold project into production. Cazador can e…


Drilling program set for Beaufor

A 3-month, $900,000 exploration program is to begin at the Beaufor gold property near Val d’Or, Que., partners Aurizon Mines (ME) and Louvem Mines (ME) report. The program, designed to increase reserv…


THE DIAMOND PAGE — Matkin hearing tours B.C.

The inquiry into the operations and regulation of the Vancouver Stock Exchange (VSE) and British Columbia Securities Commission has taken to the road for public hearings. The inquiry headed by James M…


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