1993


Tulsequah drilling returns values

Underground drilling at the Tulsequah Chief property in northwestern British Columbia has returned several encouraging intersections. Owner Redfern Resources (TSE) is working to expand and upgrade res…


Fairfield underground at Siwash North

It isn’t often that a company can turn a profit from bulk sampling. But that’s exactly what happened last year when Fairfield Minerals (TSE) extracted 2,030 tons from its Siwash North gold deposit, ne…




Bre-X continues Indonesian focus

Having focused on Indonesia for the past six months, Bre-X Minerals (ASE) has drill programs lined up for the fall on two advanced projects in the Asian archipelago. In mid-August, the junior signed a…



Gibraltar funding

Following up previously announced expansion plans, Gibraltar Mines (TSE) has entered an underwriting agreement to raise $40 million. In a “bought deal,” brokers Midland Walwyn Capital, Wood Gundy and …




Gold Funds (August 30, 1993)

BGR Central Net Value $13.97 $6.18 Price $12.50 $6.500 Discount 10.54% 5.2% Value $78,268,000 $117,645,450…


Spot prices at a glance (August 30, 1993)

Week’s Price (US) Change Gold* $371.75 – $1.10 Silver* $ 4.75 + $0.06 Platinum* $386.90 – $1.10 Nickel** $ 2.09 + $0.01 Lead** $ 0.17 $0.00 Copper $ 0.90 + $0.03 Zinc $ 0.40 + $0.01 Courtesy of Scotia…


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