1993

Asia Minerals advances Chinese joint venture

An independent feasibility study prepared for Asia Minerals (VSE) by Cominco Engineering Services has firmed up reserves at the QDS project in Shanxi province, northeastern China. The deposit is estim…





Gold dips to $350

The price of gold broke out on the downside Sept. 7, shedding more than US$14 per oz. to close at $350.10 on the Commodity Exchange of New York (Comex). Late the next day, the price was holding firm -…


Northfield issues private placement

Toronto-based Northfield Minerals (ASE) hopes to raise $600,000 through a private placement of more than 1.3 million units at 47.5 centsper unit. Each unit consists of one share and one warrant. A war…



Gold fabrication demand suffers a first-half lapse

World demand for gold fabrication in the first half of 1993 dropped by 5% compared with the same period last year, despite a strong performance in the first quarter. Gold Fields Mineral Services of Lo…



NEWS IN BRIEF (September 13, 1993)

Consolidated Heron Resources (CNS:VSE) has changed its name to Fintra Ventures (FVN:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Montreal Trust.




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