News

Having completed a $1.6-million private placement, High River Gold Mines (TSE) has begun 18,000 ft. of deep drilling on its Snow Lake gold property in northern Manitoba. The new program, estimated to …

Low zinc and lead prices led to lower earnings for Teck (TSE) in the 1993 second quarter ended June 30. Net earnings of $3 million for the period were down considerably from $12 million a year earlier…

If you were in Red Lake, Ont., last summer, you were probably at Norseman Days, or at least heard about them. About mid-July, the northwestern Ontario town dedicated Norseman Heritage Park, the culmin…

Roger Smiley and Lawrence Jones appointed directors.

Leonard Taylor appointed vice-president.

Ian Borland appointed director.

Bryan Frost, Roger Davey, Rodney Duncan, Irvin Ridd and Maynard Brown appointed directors.

A weak upward bounce by several diamond issues was not enough to overcome the general malaise on western markets. The Vancouver Stock Exchange resource index slipped more than 23 points to finish at 1…

Week’s Price (US) Change Gold* $391.80 + $0.20 Silver* $ 5.07 + $0.02 Platinum* $405.60 + $1.85 Nickel** $ 2.24 + $0.02 Lead** $ 0.18 $0.00 Copper $ 0.88 + $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scotia…

A planned merger between Cazador Explorations (VSE) and Granduc Mines (TSE) should go a long way toward raising the required financing to bring the Keystone gold project into production. Cazador can e…

With an initial phase of drilling now complete, Formation Capital (VSE) recently began a second phase at its Black Pine property near Salmon, Idaho. It has also staked additional claims surrounding th…

Gold and diamond explorer Gold Reserve (NASDAQ) has been granted conditional approval for listing on the Toronto Stock Exchange. Subject to completion of certain requirements, the common shares of Gol…