Newmont, Barrick in joint effort
An agreement in principle has been reached between gold producers Newmont Gold (NYSE) and American Barrick Resources (TSE) for joint co-operation in the development of their common areas in the northe…
News
Anglesey meets roadblock in bid to finance Parys
The Parys mine project in North Wales may not go into commercial production next year as the United Kingdom’s biggest ever base metal mine. The operation was to have produced zinc, lead, and copper co…
Vangold drills Iron Colt vein
Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft. The intersection includes an…
Robex plans drill program for Baie Bateman property
A flow-through financing worth $350,000 will allow Ressources Robex (ME) to proceed with a drilling program and ore-reserve re-evaluation at the Baie Bateman property in the Chibougamau area of Quebec…
NO HEADLINE (February 03, 1992)
Geotech Capital Corp. (GEO:VSE) has changed its name to Vector Venture Corp. (VVG:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis.
FUTURES PRICES (February 03, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 98.70 96.30 98.60 + 2.05 Mar 99.30 96.75 98.90 + 1.95 Apr 97.10 97.10 98.85 …. SILVER (in US cents per oz.)…
Toronto Stock Exchange (February 03, 1992)
Shares of Agnico-Eagle Mines and affiliate Goldex Mines reacted to drill results from an area north of the LaRonde mine in Quebec during the week ended Jan. 28. News that Agnico had cut a 9.5-ft. inte…
Alberta Stock Exchange (February 03, 1992)
Shares of Horseshoe Gold Mining doubled in value during the week ended Jan. 28 as the company announced a joint venture on its Willow Creek gold property in Nevada. Coeur Explorations, a subsidiary of…
Speculation runs high on Cortez-Robertson
A recent gold discovery on the Cortez joint venture owned 60% by Placer Dome (TSE) helped push Coral Gold’s (VSE) share price to new highs on speculation the deposit may extend on to an adjoining prop…
New Eskay deal for Placer, Corona
The latest round of discussions between a tougher Placer Dome (TSE) and a more-willing-to-compromise International Corona (TSE) culminated in a new deal for development of the Eskay Creek deposit nort…
Cal Graphite, Takla settle litigation
An agreement to settle a lawsuit between Takla Star Resources (ASE) and Cal Graphite (VSE) has been reached, the companies report. However, Takla says it will continue its lawsuit against E.J. Blancha…
Royal Oak acquires Broulan
Vancouver-based Royal Oak Mines (TSE) recently purchased the interests of Belmoral Mines (TSE), Cabre Exploration (TSE) and Wrightbar Mines (ME) in 58 claims containing the former Broulan and Porcupin…