TSE Short Positions (September 20, 1993)
Semi-monthly reports as of Aug 31, showed 75,759,200 shares of 729 issues compared with 73,606,340 shares of 740 issues on Aug 15. Larger individual positions included: Aber 123,500; Agnico-Eagle 56,9…
News
Goldpost, Antares amalgamation
Shareholders have approved an amalgamation between Goldpost Resources (TSE) and Antares Mining & Exploration. The new company is also called Antares Mining & Exploration. Goldpost shareholders will re…
Gold Funds (September 20, 1993)
Gold Funds as of Sept. 14 BGR Central Net Value $12.93 $5.72 Price $10.38 $6.125 Discount 19.79% 7.1% Value $72,449,000 $110,858,213…
EXPLORING FOR DIAMONDS AND THE NORTH — Aber program tests
With copper mineralization outcropping on surface and a spectacular gossan visible by air, it is easy to see how Kennecott geologists discovered the High Lake deposits with relative ease back in 1955….
Alaska files suit against U.S. govt.
The state of Alaska filed a US$29-billion lawsuit this summer against the U.S. government to compensate for revenue it claims it has lost by Washington’s closing of mineral-rich federal land. The fede…
Exall banking on small-scale mine for cash
Small-scale production on an alluvial gold deposit on the Yaqui River in Sonora, Mexico, is under way, Exall Resources (TSE) reports. The company has stockpiled 45,000 cu. metres of mineralized gravel…
Randstrom expands Mexican interests
VSE-listed Randstrom Manufacturing has added to its Mexican holdings by agreeing to acquire El Sultan, a gold project in Zacatecas state. An agreement, subject to regulatory approval, allows the compa…
NovaGold builds land position in Baie Verte, Newfoundland
Toronto-listed NovaGold Resources has bought four properties on the Baie Verte Peninsula in north-central Newfoundland. The properties are near the company’s Pine Cove deposit, which has a minable res…
EXPLORING FOR DIAMONDS AND THE NORTH — Potential African
When you think of diamond mining, South Africa comes immediately to mind, followed closely, perhaps, by a trio of other major southern Africa producer nations: Angola, Botswana and Namibia. Further no…
EXPLORING FOR DIAMONDS AND THE NORTH — Kirkland Lake play
Things may be quiet now, but, come autumn, the diamond play near Kirkland Lake, Ont., is expected to gain momentum. By then, the major players will have finished evaluating results from early spring a…
U.S.$404-million jury award denied by judge Rollercoaster for
Within the space of less than a week, Utah-based Gold Standard (NASDAQ) has gone from rags to riches to rags. The penury-wealth-penury fast track began Sept. 3 when a jury in Utah ruled defendant Gett…
Bulk sampling nears completion at Tiomin’s heavy mineral
Beach sand could soon become a “hot item” in this sleepy little fishing village on Quebec’s North Shore. Tiomin Resources (ME) is collecting a 100-tonne sample of heavy mineral concentrate from its Na…