1993

Mineral tenure dispute surfaces in Venezuela

At least one Canadian mining company could be affected by the outcome of a petition, filed in the Supreme Court of Venezuela, which challenges the authority of a state holding company to assign minera…


Prime proposes Stikine merger

After negotiating for more than a year, Homestake Canada and Placer Dome (TSE) have reached a stalemate on a proposal to convert Placer’s 44% interest in Stikine Resources to a direct interest in the …



GOLD FUNDS (July 12, 1993)

Gold Funds as of July 6 BGR Central Net Value $13.48 $6.01 Price $11.50 $6.250 Discount 14.66% 4.0% Value $75,483,000 $113,120,625…



Davidson Tisdale

Toronto-listed Davidson Tisdale can buy a 50% interest in the Davidson Tisdale and Beaumont properties near Timmins, Ont. Davidson, which already owns half the properties, can buy the additional inter…


Abior, Soquem in option deal

Montreal-listed Explorations Abior can earn a 50% interest in an 18-claim diamond property in the Desmaraisville area of northwestern Quebec, near Le Tac Twp. The deal is part of an option agreement w…



NEWS ROUNDUP — Cambior buying all of Grevet

The jointly owned Grevet zinc project southeast of Matagami, Que., will soon have one proprietor. Toronto-listed Cambior has reached an agreement (subject to regulatory approval) with Serem-Quebec to …


EDITORIAL PAGE — Mild relief for juniors

It took the Prospectors and Developers Association of Canada one and one-half years of quiet, behind-the-scenes diplomacy and just plain jawboning, but the effort was worth it. The Ontario government,…


Metal Prices (June 28, 1993)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…


Gold Funds (June 28, 1993)

BGR Central Net Value $12.46 $5.77 Price $11.38 $6.25 Discount 8.69% 8.3% Value $69,786,000 $113,120,625…


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