Manson Creek acquires Venezuelan assets
Toronto-listed Manson Creek Resources can buy all the shares of Bolivariana de Mineria, a Venezuelan company, in return for issuing 250,000 shares and paying $143,880 cash. Bolivariana has a 75% inter…
News
Pan American acquires Hog Heaven silver play
The recent acquisition of the Hog Heaven property in Montana represents a first step for Pan American Minerals (TSE) to become a pure silver company. The junior is headed by Ross Beaty, also president…
INSIDER TRADING — Wheaton River officers buy and sell
Three senior officers of Wheaton River Minerals (TSE) bought and sold shares in May. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Visco Jutronich exercised 151,000 opt…
TSE INDICES (July 11, 1994)
— 1994 — Jul 5 Jul 4 Jul 1 June 30 Jun 29 High Low Composite”300″ 4053.56 4053.56 n/a 4025.25 4028.20 4609.93 3518.31 Metals&Minerals 3660.06 3637.87 n/a 3569.93 3562.25 3879.59 3273.56 Integrated M…
Shaft deepening at Sleeping Giant
Reserves have increased significantly and the shaft is being deepened at the Sleeping Giant gold mine 80 km north of Amos, Que. Joint owners Cambior (TSE) and Aurizon Mines (TSE) report that 145,000 t…
Lac options Canadian properties
Long known for its large-scale projects in South America, Lac Minerals (TSE) has broadened its focus and resumed exploring for orebodies in Canada. First indications of this change were evident when L…
NEWS ROUNDUP — Shell selling Collahuasi stake
The one-third interest of Shell in the developing Collahuasi copper project in Chile will be offered for sale to the highest bidder among 12 selected mining companies. A Shell spokesman did not disclo…
Goldbelt Res. JV progressing
A private placement will give Goldbelt Resources (VSE) an initial $4.3 million to fund further development of its gold tailings joint venture in Kazakhstan. The junior is earning a half interest from …
Scintilore planning to raise funds with placement
Toronto-listed Scintilore Explorations is hoping to raise $600,000 through a private placement. The placement, which has yet to be approved by regulators, would consist of 600,000 shares at $1 a piece…
Southern Copper spins diamond interest
Cobre Sul Mineracao, the Brazilian diamond exploration subsidiary of Southern Copper (VSE), will be spun off into a separately traded company. Southern Copper believes shareholder value and access to …
ODDS’N’SODS — The ongoing need for funds
(Editor’s Note: Raising funds for exploration and development can be difficult at the best of times, and in any century, as is evident from the following correspondence concerning The Alaskan Bonanza …
New NASDAQ trading rules
The National Association of Securities Dealers Automated Quotation (NASDAQ) is about to become a fairer market for individuals, thanks to rules approved by the Securities and Exchange Commission in th…