The following Vancouver-based juniors recently reported financings for their work programs.* GMD Resources (GMD-V) has reached an agreement with several subscribers for a private placement of 1.7 mill…
McBroom Resources — Offering Price & Description: $* — 1,000,000 Common Shs (Upon the Exercise of 1,000,000 previously issued Special Wts).Vengold — Offering Price & Description: $41,175,000 – 22,5…
Glenhaven Resources (GNN-A) and Blackstone Resources (BZZ-V) are firming up plans to drill at the Taiga nickel-zinc property, situated 120 km northeast of Dawson City, Y.T.The companies expect to mobi…
The Vancouver Stock Exchange composite index dropped 12.98 points to close at 619.53, whereas the mining index fell below the 500 mark, to 490.01, for the report period ended April 28. However, the co…
Speculation that the U.S. Federal Reserve Board may soon increase interest rates sapped some life out of the Toronto Stock Exchange 300 index, which lost 197.85 points during the report period ended A…
Drilling at the Despinassy gold property, 70 km north of Val d’Or, Que., has returned encouraging results for partners Major General Resources (MGJ-V) and Cameco Gold, a wholly-owned unit of Cameco (C…
Vancouver-based Orvana Minerals (ORV-T) reports that progress is being made at its drill program on the Don Mario copper-gold deposit in eastern Bolivia.Assay results from 11 holes are “better than pr…
Banded iron formation-hosted gold deposits, Part 2Banded iron formation-hosted gold deposits are important in terms of Canadian and U.S. gold production, as illustrated by mines such as the Lupin and …
Preliminary exploration by Plata-Peru Resources (PPU-A) has confirmed the presence of base metal mineralization near its Pachapaqui mine in Peru.Work included ground geological mapping and sampling of…
Production at the Central American gold mines of Greenstone Resources (GRE-T) is on track to reach 233,000 oz. gold in 1998, a substantial increase from the 63,563 oz. produced in 1997.For the first q…
In early 1997, mining analysts from the London branch of Banque Paribas estimated that it would be a year before the benefits of a restructuring undertaken by Ashanti Goldfields (AHD.U-T) would be fel…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 28Apr. 27Apr. 24Apr. 23Apr…
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