Renewed threats of a federal royalty on hardrock mines in the U.S. hurt the shares of some gold producers with operations south of the border during the week ended March 16. Hardest hit was American B…
With the acquisition of six properties covering 525,000 acres in the Northwest Territories, Caledonia Mining (TSE) has introduced a new twist to diamond exploration in the area. Pointing to the diamon…
Assays for hole 93-1 from the Asia Pacific project are encouraging, partners Starmin Mining (TSE) and Adex Mining (TSE) report. A 694-ft. intersection returned 0.45% copper (and gold values in the ran…
After incorporating 1992 exploration results, Redfern Resources (TSE) says preliminary reserves at its 100% owned Tulsequah Chief deposit increased to 9.4 million tons grading 1.48% copper, 1.17% lead…
Hyder Gold — 1,000,000 shs @ 50 cents per sh on a best efforts basis with a minimum subscription of 1,000,000 shs.
ALUMINUM: MW U.S. market US54-55 cents per lb. (Mar. 4, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…
Mar.16 Mar.15 Mar.12 Mar.11 Mar.10 High Low Composite”300″3556.77 3562.05 3548.06 3552.42 3551.99 4009.47 3009.91 Metals&Minerals 2885.30 2888.00 2902.97 2806.14 2931.29 3453.06 2502.63 Integrated Min…
Canmine Resources (CDN) has completed 11 holes on its Fer property in northern Manitoba. Each hole contains two or three gently dipping massive sulphide layers, each of which averages five feet in thi…
For those who want more money spent on exploration in Canada, a ray of hope shone from an unexpected quarter recently. To wit, the U.S. House of Representatives, where Secretary of the Interior Bruce …
Net proceeds of about $10.6 million (including agents’ commissions) were raised from a private placement involving the sale of 1.2 million special warrants (common shares and warrants) at $9.25 each, …
A deal to purchase all the issued shares of Minerex Resources was recently cancelled. Cornucopia Resources (TSE) reached an agreement to purchase the shares from owner Canada Tungsten Mining (TSE) in …
Gold producer Placer Dome (TSE) is paying $5 million cash for Homestake Canada’s 25% interest in the Musselwhite gold property, 80 miles north of Pickle Lake, Ont. Homestake will retain a 5% net proce…
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