Updated study for Refugio deposit
Board approvals were received by Bema Gold (TSE) and Amax Gold (NYSE) to close a transaction whereby Amax will become a 50-50 partner with Bema to jointly finance and develop the Refugio gold project …
News
Drilling starts in Saskatchewan
With three projects slated for drilling this coming fall and winter, Pine Channel Gold (VSE) expects to rank among the more active junior companies in northeastern Saskatchewan. The company recently a…
Dia Met expands diamond exploration hunt to Alberta
Western markets continued a slow slide during the week ended Oct. 20, with the Vancouver Stock Exchange composite index slipping 5.45 points to close at 551.65 and the resource index finishing down 7….
Toronto Stock Exchange Indices (October 26, 1992)
Oct.20 Oct.19 Oct.16 Oct.15 Oct.14 High Low Composite”300″3241.84 3225.48 3207.70 3196.14 3195.39 4009.47 3009.91 Metals&Minerals 2630.44 2643.05 2641.53 2603.82 2608.64 3453.06 2502.63 Integrated Min…
TSE Short Positions (October 26, 1992)
Semi-monthly reports as of October 15, showed 32,416,745 shares of 572 issues compared with 28,399,927 shares of 560 issues on September 30. Larger individual positions included: Aber Res. 58,600; Ame…
Spot prices at a glance (October 26, 1992)
Week’s Price (US) Change Gold* $343.50 + $0.20 Silver* $ 3.81 + $0.10 Platinum* $357.25 + $2.25 Nickel** $ 2.75 – $0.09 Lead** $ 0.24 – $0.01 Copper $ 1.03 + $0.01 Zinc $ 0.51 – $0.03 Courtesy of Scot…
LATIN AMERICA ROUNDUP — Drilling planned for Santa Rosa
Based on results from the initial phase of exploration, International Mahogany (TSE) and Mahogany parent North Lily Mining (NASDAQ) plan a follow-up drilling program to further define and expand coppe…
NEWS ROUNDUP — Soquem options Gaspe prospect
An option agreement covering 41 claims in Quebec’s Gaspe Peninsula, about 40 km northwest of Murdochville, has been signed by Soquem with three prospectors. Soquem, the mining exploration arm of the Q…
NEWS ROUNDUP — Alberta find may host minable deposit
After seven years of exploration in northeastern Alberta, a private Edmonton-based company, HMS Properties, says it has outlined a large deposit of metallic minerals in a Devonian limestone formation….
NEWS ROUNDUP — Placer gets $37,000 Hydro rebate
Ontario Hydro recently presented Donald Brisbois, manager of Placer Dome’s (TSE) Dona Lake mine, an incentive cheque for over $37,000. Under a Savings by Design Program offered by Hydro, the Dona Lake…
General Mining buys Cheni stake
Mining giant General Mining, Metals and Minerals recently agreed to purchase 3.2 million shares of Cheni Gold Mines (TSE) held by BRGM (Bureau de Recherches Geologiques et Minieres) of France. The pur…
NEWS IN BRIEF (October 26, 1992)
Pacific Unicorn Resources Ltd. (PUC:VSE) has changed it name to Biopac Industries Inc., with a consolidation of capital on a 1-new-for-6-old-share basis. The transfer agent is R-M Trust.