The Mexican mining industry has been forced to undergo a restructuring the likes of which it has never experienced, according to the Mexican Investment Board. The reorganization has been triggered by …
Gold Funds as of Dec. 21 BGR Central Net Value $15.73 $6.53 Price $14.75 $7.125 Premium 9.1% Discount 6.22% Value $88,098,000 $128,957,513…
Week’s Price (US) Change Gold* $386.40 + $0.50 Silver* $ 5.00 $0.10 Platinum* $385.50 + $0.25 Nickel** $ 2.40 + $0.05 Lead** $ 0.21 + $0.00 Copper $ 0.81 + $0.03 Zinc $ 0.45 + $0.01 Courtesy of Scotia…
Shares of Central Fund of Canada have begun trading on the American Stock Exchange. A registration statement, filed with the U.S. Securities and Exchange Commission, covers 1.3 million A shares which …
A drill program in 1993 has resulted in a higher reserve estimate for the Cerattepe property in Turkey. Cominco Resources International (TSE) says 52 holes were drilled on the Gossan zone, bringing th…
Drill results from the 1100 lens project in northwestern Quebec continue to provide encouragement. Audrey Resources (TSE) and Metall Mining (TSE) report a 240-ft. intersection containing 4% zinc, 0.8%…
Pulse electromagnetic (EM) surveys are being performed by Canmine Resources (CDN) on the Fer base metal property near Flin Flon, Man. The surveys are intended to define targets for a 20,000-ft. winter…
Two gold-bearing structures have been defined on the property of Maude Lake Gold Mines (CDN) near Matheson in northeastern Ontario. The Ramp vein and 1A zone were found during a 7,940-ft. drill progra…
Gold is becoming an important export commodity for Indonesia. In 1992, the country’s exports of gold-ingot bar amounted to US$151.5 million, up from US$118.3 million in 1990. Add to this the value of …
Managers of Sharpe Energy and Resources (VSE) outlined corporate strategy at a recent meeting in Toronto. The company wants to increase production either by exploration, acquisition or equity investme…
A new property agreement effectively removes the deadline hanging over the Fish Lake copper-gold property southwest of Williams Lake, B.C. To acquire the property, Taseko Mines (VSE) will pay Cominco …
Having arranged to acquire the remaining portion of Falconbridge Gold (TSE) that it does not own, Kinross Gold (TSE) is well on its way to achieving its goal of becoming a medium-sized gold producer b…
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