News


GOLD FUNDS (February 01, 1993)

Gold Funds as of Jan. 26 BGR Central Net Value $8.06 $5.12 Price $5.88 $4.50 Discount 27.14% 12.1% Value $45,164,000 $75,709,350…


TSE SHORT POSITIONS (February 01, 1993)

Semi-monthly reports as of Jan. 15, showed 37,140,692 shares of 570 issues compared with 36,526,778 shares of 601 issues on Dec. 31. Larger individual positions included: Adex Mng. 71,500, up 71,500; …


Neighboring Greenwood property subject of Britannia

The historic Greenwood mining district of southern British Columbia is providing an exploration focus for Britannia Gold (VSE). The junior recently entered into an agreement to acquire the Richmond Lo…


Ariel’s gold output growing

Production of 10,186 oz. gold was reported by Ariel Resources (VSE) for the fiscal year ended Sept. 30, 1992. Ariel operates the Tres Hermanos mine in Costa Rica. Processing occurs at the company’s Ma…



COMMENTARY — Chinese visit South Africa

Cooperation arrangements between the mineral sectors of South Africa and the People’s Republic of China are in the offing after a recent visit to South Africa of a Chinese mineral delegation. Senior p…



TORONTO STOCK EXCHANGE INDICES (February 01, 1993)

Jan.26 Jan.25 Jan.22 Jan.21 Jan.20 High Low Composite”300″3312.82 3295.64 3275.97 3275.75 3290.14 4009.47 3009.91 Metals&Minerals 2778.76 2799.27 2777.67 2743.31 2745.51 3453.06 2502.63 Integrated Min…


Mining industry looks into the next century

The 110 delegates who attended a recent Canadian Institute of Mining, Metallurgy and Petroleum (CIM) symposium in Toronto will have come away with much food for thought and not a little gloom to leave…


Oasis, Soquem in Gaspe deal

In option deal to explore and develop the Crystal Lake copper property in the Gaspe area of Quebec has been signed by Consolidated Oasis (ME) and Soquem. The property lies six miles north of the past-…


More about diamonds (February 01, 1993)

Canadian mining companies are involved in the search of diamonds both at home and abroad: N.W.T. and Alberta — Pure Gold Resources (TSE) has agreed to option Garden Lake Resources’ (VSE) 50,000-acre …


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