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Delgratia active in Nicaragua

Through a wholly owned subsidiary, Delgratia Developments (VSE) has opened an office in Managua to explore and develop six recently acquired properties in Nicaragua. The ground comprises 2,892 sq. km …


NEWS ROUNDUP — Moneta arranges financing

Timmins, Ont.-based Moneta Porcupine Mines (TSE) has grossed $570,000 through two private placements. In one placement, privately owned Mattalex subscribed to 1 million shares at 24 cents each, to rai…


Granduc secures additional funds

An additional loan of $2.5 million will enable Granduc Mining (TSE) to finance its share of pre-development work on the Farley Lake gold deposit in Manitoba. Farley Lake is included in Granduc’s Keyst…


PRODUCER PRICES (July 11, 1994)

ALUMINUM: MW U.S. market US69.5-70.5 cents per lb. (June 23, 1994). ANTIMONY: MW New York dealer US$1.60-1.80 per lb. (June 23, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993)…


Hedman signs Saudi marketing agreement

As part of its plan to develop export markets, Alberta-listed Hedman Resources has concluded a territorial agreement with Contemporary Trading Establishment (CTE), a Saudi Arabian agent. The agreement…


Gold-silver values at La Poposa

Junior Argentina Gold (VSE) has released final assay results from trenching on the Poposa property in San Juan, Argentina. In total, 1,800 chip samples were collected from the 11.8-km program, complet…






STOCK MARKETS — TSE levels off after a rough ride

After losing ground for three consecutive weeks, the TSE 300 index has rallied and leveled off well above the psychologically significant 4,000-point support level. For the week ended July 5, the inde…


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