Stainless steel represents at least 60% — and maybe as high as 70% — of nickel consumption, and fairly steady growth seems certain in the near future. Production was up again in 1993, to about 11.4 …
Toronto-listed Northgate Exploration has bought a US$3.5-million, 8% convertible note of American Resource (NASDAQ). The note is convertible into common shares of American or a 3.5% net smelter return…
Abacus Minerals (VSE) has obtained more trench assay results from its gold property in Brookfield, N.S. Trench 4 uncovered a sample which ran 0.76 grams gold per tonne over 19 metres, including a sect…
There have always been numerous compelling reasons for owning precious metals and they can be characterized as follows: * Precious metals (especially gold) have historically maintained their purchasin…
On the face of it, it’s odd that the Vancouver Stock Exchange should be scrutinized by a government-appointed commission in the very year it posts all-time records for both volume and value ($6.7 bill…
CDN-listed Caribgold Resources has been granted prospecting and exploration rights to 2,000 sq. km in east-central Cuba. The agreement was reached with Geominera S.A., a Cuban state company, and is ex…
Gold Funds as of Jan. 26 BGR Central Net Value $16.85 $6.59 Price $16.25 $7.125 Premium 8.1% Discount 3.54% Value $94,369,000 $119,340,844…
Drills are turning in a major program on the Lewis Ponds project in New South Wales, Australia. Using two rigs, Tri Origin Exploration (TSE) is drilling 10,000 metres. The company hopes to define new …
Toronto-based Black Hawk Mining (TSE) hopes to raise $5.3 million from a private placement of special warrants. Each special warrant will be $1 and will entitle the holder to receive one unit consisti…
Funds for exploring the Elenita property in northern Chile are in hand for owner Princeton Mining (TSE). Teck (TSE) and Cominco Resources International (TSE) agreed to complete a $1.5-million private …
In a private placement, Monk Gold & Resources (ASE) has raised $402,000 to cover capital expenses at the Cerro Mayal placer gold operation in western Argentina. The placement consists of 1.7 million t…
Junior Societe d’exploration miniere Vior (ME) can earn a half interest in the Clairy Twp., Que., property of Soquem. Soquem, the Quebec Crown exploration company, cut a 0.3-metre intersection in 1988…
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