News

Toronto-based junior Exall Resources (TSE) is issuing a private placement of 3.32 million special warrants at $1.50 each to raise a total of $4,980,000. Each special warrant will entitle the holder to…

About the time Rhonda Mining (ASE) resumed drilling in the Fort a la Corne diamond area of Saskatchewan, Chairman John Alston raised his stake in the junior by 35%. According to the Ontario Securities…

The Vancouver Stock Exchange resource and composite indices slowed their advances during the week ended March 16, 1993. Since the start of the year, the resource index has gained more than 25% at its …

Week’s Price (US) Change Gold* $328.65 + $2.15 Silver* $ 3.66 + $0.09 Platinum* $348.45 + $3.45 Nickel** $ 2.68 – $0.04 Lead** $ 0.18 – $0.01 Copper $ 0.98 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…

Gold Funds as of Mar. 16 BGR Central Net Value $8.84 $4.87 Price $6.88 $4.50 Discount 22.25% 7.6% Value $48,528,000 $75,709,350…

American gold producers — among them, many Canadian-controlled mines — are bracing themselves for a proposed royalty on hardrock mines in the U.S. As part of its economic program, the Clinton admini…

A recently completed private placement in Tombstone Explorations (VSE) gives Canarc Resource (VSE) an indirect interest in 35 mineral concessions making up 15 properties in Bolivar State, Venezuela. C…

Junior Cambiex Exploration has filed a preliminary prospectus with the Quebec Securities Commission for an offering of 5,000 units at $1,000 per unit. Each unit consists of 800 flow-through shares and…

A deal by which Lac Minerals (TSE) would have acquired control of an Irish zinc-lead deposit has fallen through. Lac was offering US$70 million for a 52.5% interest in the Lisheen property belonging t…

In return for a production royalty and advanced royalty payments, BHP Minerals Canada has leased PGE Resource’s (ASE) Bill’s Lake and Mechanic Settlement properties in New Brunswick. The Bill’s Lake c…

Anyox, B.C., was really a ghost town in those early days (late 1930s). The bank was boarded up, but the Elks Hall was open, where there was a piano to plunk on. Never did find the library, come to thi…

Drilling at the wollastonite property of Ressources Orleans (ME) in St-Onge Twp. in the Lac St-Jean area of Quebec has outlined a preliminary reserve of 8.7 million tonnes. President Jean-Guy Masse sa…