News



NEWS ROUNDUP — More ground for Rio Narcea

Junior explorer Rio Narcea Gold Mines (TSE) has acquired mineral rights to three parcels of land in the western half of Spain’s Asturias region. The properties — known as the Navelgas, Oscos and Sala…


Adex announces Tequila Copper deal

TSE-listed Adex Mining reports that its subsidiary, Tequila Copper, has entered into a “letter of understanding” with International Pursuit (TSE) to form a joint venture to develop Tequila’s Asia Paci…


Maj. General to mine Rendell-Jackman

Vancouver-listed Major General Resources intends to mine the Rumbullion and Hammerdown zones as one deposit within the Rendell-Jackman gold property near Springdale, Nfld. The announcement follows con…


Kenrich funds work program

Replacing a previously announced financing, Kenrich Mining (VSE) has completed an $845,000 placement of units at 65 cents each. The units include one share plus a warrant, two of which give the holder…


Short Positions

Semi-monthly reports as of Feb. 15, 1995 showed 243,958,189 shares of 785 issues compared with 239,236,777 shares of 783 issues on Jan. 31, 1995. Larger individual positions included: Agnico-Eagle 115…


Louvicourt mine on track

Having unraveled some of the structural complexities of the orebody, Aur Resources (TSE) is preparing to cut the ribbon on Canada’s newest copper producer. The Louvicourt mine, discovered in 1989 and …


Spot prices at a glance (March 06, 1995)

Week’s Price (US) Change Gold* $376.30 – $2.70 Silver* $4.47 – $0.29 Platinum* $409.00 – $7.40 Nickel** $3.25 – $0.54 Lead** $0.25 – $0.02 Copper $1.28 – $0.03 Zinc $0.45 – $0.02 Courtesy of Scotiaban…


Gold Funds (March 06, 1995)

BGR Central Net Value $16.23 $6.52 Price $12.88 $6.25 Discount 20.67% 4.1% Value $127,058,000 $113,120,625…



LRX underground at Midnight

In an underground exploration program at the Midnight gold property in Rossland, B.C., LRX Capital (VSE) is testing the vein system for its high-grade potential. The mine is a small-scale past-produce…


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