A private placement of 300,000 units has been negotiated between Republic Goldfields (VSE) and a non-resident, private investor. Each unit consists of one common share and one non-transferable warrant…
The metal and mineral sub-index of Scotiabank’s commodity price index rose again in February alongside firmer prices for base metals. London Metal Exchange (LME) copper prices have strengthened from a…
Things went from bad to worse this week for a troubled Denison Mines (TSE). After obtaining a short-term reprieve from its creditors, the company was notified that the provincial Ministry of Environme…
Vancouver-listed Minefinders has outlined four gold zones on its two properties in Randolph Cty., N.C. A 5,000-ft. program of reverse circulation drilling on the Sawyer property confirmed the existenc…
A wholly owned Australian subsidiary of Tri Origin Exploration (TSE) has intersected a sulphide zone 600 metres south of the main deposit at the Lewis Ponds project in New South Wales. Holes 23, 25 an…
Junior gold producer Aurizon Mines (TSE) reported revenues for the first time in its history. In 1993, total revenue was more than $5.7 million, representing six months of operations from the company’…
Two studies by Brazil’s national mining department indicate a sharp decline in garimpeiros activity. The U.S. Bureau of Mines reports that the number of garimpeiros in Brazil has fallen to 400,000 fro…
Although it is only a matter of months before Kennecott Canada releases results from its bulk sampling program on the Tli Kwi Cho (DO-27) kimberlite, several of the major’s junior partners are continu…
Three new shallow copper oxide zones have been discovered by Minera Rayrock (TSE) on the company’s Sierra Valenzuela copper property in Chile. The Esperanza, Brac and Ancla were discovered with a shor…
Year-end results for 1993 were reported by BGR Precious Metals (TSE), a closed-end investment firm specializing in precious metals investments. BGR had an increase in net assets to $93.5 million for t…
Continuing uncertainty on major markets combined with a US$6-per-oz. drop in the price of gold to the US$378 level left the Vancouver Stock Exchange resource index down over 20 points at 1,793.13. The…
A lithium carbonate project in Argentina will benefit from an investment worth US$45-$100 million. FMC Lithium, formerly Lithco, recently announced its investment decision after signing a revised cont…
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