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TSE SHORT POSITIONS (June 29, 1998)

Short positions outstanding at June 15, 1998Larger individual positions include: Abacan Resource 363,104, up 88,485; Abitibi-Consolidated 959,027, up 591,100; Ashton Mining of Canada 117,746; Asia Pac…


Indonesia sells stakes in companies for cash

American brokerage houses Lehman Brothers and Goldman Sachs have reached an agreement with the new government of Indonesia to assist in the partial privatization of 12 state-controlled companies.The g…


Golden Star boosts Guyanor

Golden Star Resources (GSR-X) has agreed to accept shares from Guyanor Ressources (GRL.B-T) as repayment of debt.The transaction increases to 71% Golden Star’s stake in the French exploration company….


DIAMOND PAGE — Trivalence boosts production

With its new 14-ft. commercial pan plant up and running, Trivalence Mining (TMI-V) continues to crank out diamonds at its 85%-owned Aredor alluvial operation in Guinea, West Africa.For the month of Ma…


DIAMOND PAGE — Partners await valuations from AK

A mini-bulk drill sample collected this past winter from the 5034 kimberlite pipe on the AK property in the Northwest Territories has returned results consistent with previous work.Monopros, a subsidi…


Grayd advances Alaskan properties

Slumping metals prices and weak equity markets have not deterred Grayd Resources (GYD-V) from pursuing its impressive portfolio of properties in the Bonnifield and Delta districts of Alaska.”We’ve bee…


NEWS ROUNDUP — Financing benefits Velardena

In a move aimed at accelerating production from the Velardena gold-silver mine in Durango state, Mexico, a group of investors represented by Global Equities has acquired a block of ECU Gold Mining (EC…


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