NEWS ROUNDUP — Kingswood now controlling Acadia
Toronto-based junior Kingswood Resources (ASE) has acquired a 51% interest in Acadia Mineral Ventures (TSE) from Hecla Mining (NYSE). In exchange for the controlling interest, Hecla received $350,000 …
News
Buy the dips: diamond analysts
Although it may be several months before Dia Met Minerals (TSE) and BHP Minerals Canada release further news from their Lac de Gras property in the Northwest Territories, some analysts say the time is…
PEOPLE — DENTONIA RESOURCES (July 19, 1993)
Brain Weir appointed director.
THE DIAMOND PAGE — Blusson claims focus of lawsuit
A property staked by geologist Stewart Blusson, northwest of the Dia Met-BHP discovery property in the Northwest Territories, has become the focus of a lawsuit launched by Vancouver-based Pioneer Meta…
NEWS ROUNDUP — Drilling under way at Eden Roc play
A 12,000-ft. diamond drill program has begun on Eden Roc Mineral’s (TSE) Afema mine project in Ivory Coast, West Africa. The 60-hole program is aimed at expanding existing reserves of the Anuiri mine …
Azco financing
Vancouver-listed Azco Mining has completed a private placement of 3.2 million special warrants at $2.25 each. Each warrant can be exchanged for a common share at no additional cost. Proceeds will be u…
PEOPLE — BRITISH LION MINES (July 19, 1993)
Rene Carrier and Brian Doutaz appointed directors.
METAL PRICES — FREE MARKET (July 19, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 13 July 12 July 9 July 8 July 7 Copper 1868-1870 1926-1927 1973-1975 1987-1989 …
TORONTO STOCK EXCHANGE INDICES (July 19, 1993)
— Week — July 13 July 12 Ju1y 9 July 8 July 7 High Low Composite”300″ 3951.68 3950.50 3927.43 3920.86 3972.72 3982.14 3905.56 Metals&Minerals 2984.08 2965.82 2974.79 2959.75 2983.08 3010.03 2949.51 …
AROUND THE GLOBE — Greenline acquiring Costa Rican mine
Drilling is planned by Greenline Business Stores (CDN) for a producing gold mining claim in Costa Rica. The junior has signed a letter of intent with La Compania Iversionista Gran Jefe S.A. to acquire…
Emerald Isle raises money for garnet bet
A private placement of 700,000 common shares at 50 cents per share has been completed by Emerald Isle Resources (VSE). Of the total shares, 517,500 will be flow-through. Most of the proceeds will go t…
AROUND THE GLOBE — Canalaska grants option to Delgratia
An option to earn 80% of the El Pauji concession in Venezuela has been granted to Delgratia Developments (VSE) by Canalaska Resources (VSE). The concession is about four kilometres south of Placer Dom…