Short courses precede meeting
Two short courses will precede the Nov. 3-5 meeting of the Alaska Miners Association (AMA) in Anchorage. Topics of the 2-day short courses, to take place Nov. 1 and 2, will be “Precious metal-bearing …
1993
U.S. Hall of Fame to induct eight (September 06, 1993)
The National Mining Hall of Fame in the U.S. will induct eight new members at a Sept. 19 banquet in San Francisco, Calif. Conducting the induction ceremony will be Simon Strauss, chairman of the Hall’…
LAST BUT NOT LEAST — Crystallex acquires more properties
A US$11-million acquisition is expected to almost double the land package held by Crystallex International (VSE) in northeastern Venezuela. The junior has signed an option agreement to acquire four co…
STOCK MARKETS — Flatness of TSE reflects static bullion
Another quiet week for gold bullion prices — the spot price hovered for most of the week at about US$371 per oz. — was also reflected in a flat Toronto Stock Exchange gold and silver index. It ended…
Bolivar Goldfields to spend $5-million
VSE-listed Consolidated Cassandra Resources plans to spend US$5 million exploring its new land package in Bolivar state, Venezuela. The company is expected to change its name to Bolivar Goldfields to …
NEWS ROUNDUP — Deak pours first Astoria brick
The first gold brick from the Astoria gold mine in northwestern Quebec was poured recently by Deak Resources (TSE). Ore from the Yorbeau project near Rouyn-Noranda, Que., is being trucked to Deak’s Vi…
NEWS ROUNDUP — Eden Roc drills at Anuiri mine
By drilling on its gold project in Ivory Coast, Eden Roc Mineral (TSE) hopes to be able to confirm reserves and thereby triple production. Eden Roc has a 68% interest in Societe des Mines d’Afema, own…
EDITORIAL PAGE — The unilateral edge
Papua New Guinea, a dependable partner in mining (until now at least), is sending confusing signals to the rest of the mining world. The latest such message was the announcement by the PNG government …
LETTERS TO THE EDITOR — Investing in diamond stocks not for
Sitting here in London, I have been intrigued by the amazingly ill-informed correspondence you have carried on the diamond exploration projects in the Northwest Territories. Most of the arguments seem…
TSE Short Positions (August 30, 1993)
Semi-monthly reports as of Aug 15, showed 73,606,340 shares of 740 issues compared with 80,264,553 shares of 723 issues on Jul 31. Larger individual positions included: Aber 123,600; Amer. Barrick 143…
Financing (August 30, 1993)
Champion Bear Resources Ltd. — Private placement of 130,800 shs @ $2.75 on a flow-through basis. Solidor Resources Inc. — 600,000 units @ 40 cents and each unit consists of sh and 2 wts. 2 A wts buy…
Akiko announces work programs
Joint-venture exploration programs are under way at the White River claims in Ontario and the Crescent Valley project in Nevada, reports Akiko Gold Resources (VSE). The White River gold project will b…