The Supreme Court of British Columbia recently approved the amalgamation of Equinox Resources (TSE) and Eastmaque Gold Mines (TSE) in an uncontested hearing. Previous efforts by Equinox to merge the t…
In Canada’s mining industry, panning the prospectors is surely a disgraceful exercise. Natural resources are the basis of Canada’s wealth. But without the vision of explorers, prospectors and speculat…
Drilling recently got under way at the Galena Giant property owned by Wealth Resources (VSE) and Arbor Resources (VSE). Kennecott, which can earn a 51% interest in the property by spending US$5 millio…
Western markets tracked sideways during the report period with little help from depressed gold markets. Gold lost about US$7 per oz., marking a new 6-year low at the US$330-per-oz. level. The Vancouve…
Week’s Price (US) Change Gold* $330.20 – $6.70 Silver* $ 3.71 – $0.09 Platinum* $354.60 – $0.65 Nickel** $ 2.53 – $0.13 Lead** $ 0.20 – $0.01 Copper $ 0.96 – $0.06 Zinc $ 0.47 – $0.02 Courtesy of Scot…
Gold Funds as of Nov. 10 BGR Central Net Value $8.25 $5.14 Price $6.75 $4.80 Discount 18.14% 6.6% Value $47,980,000 $80,756,640…
The metal and mineral sub-index of Scotiabank’s commodity price index dropped substantially in September, which is contrary to the normal seasonal pattern. The decline in base metal prices continued i…
Bern Brynelsen was listed as a candidate for election to the Canadian Mining Hall of Fame (T.N.M., Sept. 21/92). Contrary to your report, he did not play a large part in the discovery and development …
The newly acquired La Libertad gold mine in Nicaragua, a 150-ton-per-day project 78 miles east of Managua, was the focus of attention at the recent annual meeting of Greenstone Resources (TSE) in Toro…
The article “Madsen puts hope in `Mr. Chibougamau'” (T.N.M., Oct. 26/92) appears to give credit where credit is due. That is often the case when a single source is quoted. In the article, Ram Kanwar i…
A Toronto-based mutual fund recently agreed to purchase a $450,000 unit offering from Orvana Minerals (TSE). The placement totals one million units priced at 45 cents per unit, with each unit comprise…
Scheduled for Nov. 18 at Ottawa’s Westin Hotel is the Mineral Outlook ’92 conference, sponsored by Energy, Mines and Resources Canada (EMR). The focus is on access to markets and to the lands, with sp…
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