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EDITORIAL PAGE — B.C.’s B-32 Bomb

The government of British Columbia has officially launched a search-and-destroy mission on all but the most environmentally benign of new mine projects. The lethal instrument is Bill 32, alias the Env…


Metal Prices — FREE MARKET (June 21, 1993)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 15 June 14 June 11 June 10 June 9 Copper 1209-1210 1210-1211 1198-1199 1210-121…


Orvana nets $3.4 M, eyes offshore bets

Proceeds of recent private placements will be used by Orvana Minerals (TSE) to fund exploration on projects outside Canada. The junior will raise $3.38 million from one placement to a mutual fund and …


NEWS ROUNDUP — X-Cal begins drilling Pipeline

Drilling has begun on X-Cal Resources’ (TSE) Crippen Canyon claims in the Pipeline gold area of Nevada. Three properties — Crippen Canyon, Mill and Goldspar — will be drill-tested in series, X-Cal r…


Mints join forces

In an unusually co-operative effort among institutions that are essentially competitors, seven of the world’s major mints — Australia, Austria, Canada, Mexico, South Africa, the United Kingdom and th…


ODDS’N’SODS — A history of Windy Craggy (1)

When I (B.W. Downing) was given that “golden opportunity” of working in the mountains in 1974, I departed from the east quite quickly to work for geologist Jim McDougall in Vancouver. From time to tim…





Battle Mountain offers preferreds

Houston, Tex.-based Battle Mountain Gold (NYSE) has offered two million shares of convertible preferred stock at US$50 per share to raise US$100 million. The preferred stock will pay an annual dividen…



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