Junior Inter-Rock Gold (ME) is optioning seven properties near Jefferson, S.C. The 1,118-acre ground is immediately north of the past-producing Brewer gold mine. Recent exploration on one of the prope…
The Canadian Dealing Network (CDN) more than doubled its trading volume in 1993. The over-the-counter exchange traded more than a billion shares, up from 404.5 million in 1992. Also on the rise was th…
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 8 Feb. 7 Feb. 4 Feb. 3 Feb. 2 Copper 1871-1872 1871-1872 1867-1868 1894-1896 1911-1912 Lead 498-499 506-507 510-511 507-508 506-507…
The 1980s saw American Barrick Resources (TSE) grow from a single, small-producing mine to one of North America’s premier gold companies, with five operations. This growth should continue, as the comp…
CDN-listed International Gold Resources can acquire 770 sq. km in Burkina Faso, West Africa. It can do so, subject to the government’s right to acquire a 10% interest, by making unspecified payments a…
Gold producer Newmont Gold (NYSE) sold 1.7 million oz. in 1993, up from 1.6 million oz. the previous year. The Denver, Colo.-based company received an average price of U$361 per oz. last year, compare…
The Klondike gold rush days may be long gone, but it would seem Kennecott Canada is of a different opinion. The company will spend more than $500,000 this year exploring properties in the Klondike cam…
With a third phase of work completed on the Talapoosa gold project in Nevada, Pegasus Gold (TSE) is nervously awaiting confirmation of a proposal from the U.S. government that a royalty be applied to …
Two potential open-pit gold zones have been identified on the dormant Congress property in Arizona. The Golden Wave and Bellick zones are north and east, respectively, of the Congress mill. Republic G…
Two officers of Echo Bay Mines (TSE) exercised options and sold shares in early January. According to the Ontario Securities Commisssion OSC Bulletin, senior officer John Zigarlick Jr. exercised optio…
Red ink flowed in the last quarter of 1993, but Inco (TSE) turned a profit on the year. Net earnings (unaudited) for last year amounted to US$28.2 million, compared with a net loss of US$17.6 million …
Gold producer Glamis Gold (TSE) plans to buy a 35% interest in the Imperial County project in California. In exchange for paying $1 million in cash to Arizona Star Resource (VSE), Glamis would acquire…
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