X-Cal options Pipeline-area ground
By way of a purchase option, X-Cal Resources (VSE) recently picked up a 3,000-acre parcel of ground in the Pipeline/Gold Acres area of Crescent Valley, Nev. The property is located about five miles no…
News
Latin America focus at Miami conference
A 4-day mining conference focusing on “Investing in the Americas” attracted 500-600 delegates to this southern U.S. city recently. Speakers from the various nations of Latin America, from Mexico to Ch…
TORONTO STOCK EXCHANGE INDICES; METAL PRICES
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 21 Apr 20 Apr 17 Apr 16 Apr 15 Copper 1252-1253 NA NA 1262-1263 1247-1248 Lead 3…
Spot prices at a glance (April 27, 1992)
Week’s Price (US) Change Gold* $338.30 – $1.30 Silver* $ 3.99 – $0.11 Platinum* $341.60 – $6.90 Nickel** $ 3.39 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.60 + $0.01 Courtesy of Scotia…
Yukon placer gold miners face new regulations on three
Placer miner Jack Fraser says his roots are firmly planted in the Klondike, the Yukon’s historic placer mining region which is being hit by low gold prices and new environmental regulations. “This’ll …
American Ore
Calgary-based American Ore (ASE) will change its name to American Exploration and consolidate its shares on a 5-for-1 basis after shareholders approved the reorganization. The company says it is desig…
Anglo plans new gold mine
A new gold mine will be developed by Anglo American Corp. in South Africa in the Moab area in the Orange Free State. The company said operations are scheduled to be under way in 1997. A 25-year life i…
NO HEADLINE (April 27, 1992)
An exploration agreement on the LeMare property owned by Stow Resources (VSE) was recently signed by Minnova (TSE). Minnova can earn a 60% interest in the property by spending a total of $1.5 million …
Taywin plans Merry Widow drilling
A recent private placement has Taywin Resources (VSE) planning the first phase of a 3-part program aimed at proving up direct-shipping tonnage at its 100% owned Merry Widow copper-gold property near P…
Canyon improves its bottom line
A total of 57,070 oz. gold was produced last year by Canyon Resources (NASDAQ) from the Kendall mine in Montana, an increase of 104% from the company’s gold output in 1990. This improved operating per…
NEWS IN BRIEF (April 27, 1992)
Tournigan Mining Exploration Ltd. (TGN:VSE) has changed its name to International Tournigan Corp. (ITG:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Mont…
Western Copper, Thermal stake additional claims
The staking of an additional 89 claims on and around the Williams Creek property by partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) brings the companies’ holdings in the area up t…