1993

Underwriters Sprott Securities and Levesque Beaubien Geoffrion will issue two million special warrants of Richmont Mines (TSE) to Canadian investors in December. Each warrant, priced at $4, will entit…

Toronto-listed Platinova A/S has reported encouraging values from its sedimentary-exhalitive-type zinc discovery in northeast Greenland. The company holds an exploration concession which covers a sedi…

Joseph Notaro appointed vice-president, finance; Avrom Howard appointed vice-president, exploration.

Richard Coglan appointed director; Robin Lockhart appointed chief financial officer.

Gold bullion took what seemed a decisive tumble during our report week, dropping US$6 to US$370.10 per oz. However, at presstime (which is one day later than the closing prices in our stock tables) bu…

BGR Central Net Value $14.94 $6.21 Price $13.88 $6.625 Premium 6.7% Discount 7.10% Value $83,666,000 $119,907,863…

Gold Parl Resources (GPA:VSE) has changed its name to Canmet Resources (CMT:VSE) on a 1-new-for-2-old-share basis.

Joutel Resources (TSE) has sold nine million units at 45 cents through a group of underwriters led by Gordon Capital. The sale closed Nov. 25. Each unit consists of one subordinate voting share and on…

Exploration is under way on four concessions held by Bolivar Goldfields (VSE) in southeastern Venezuela. The junior holds one of the largest land positions in the country’s Guyana Shield, encompassing…

Vancouver-listed partners Emerald Isle Resources (VSE) and Stralak Resources (VSE) have begun exploring a garnet property northeast of Sudbury, Ont. Previous work on the Street Twp. joint venture outl…

Persistently low copper prices have prompted Gibraltar Mines (TSE) to shut down its mine and mill at McLeese Lake, B.C. Staged layoffs took effect Nov. 26; mining and milling ceased four days later. D…

A rights offering has netted Canuc Resources (CDN) about $510,000, enabling the company, once again, to explore for minerals. It is now evaluating two gold properties in Mexico and Spain. In other new…