In an attempt to raise up to $500,000 in proceeds, Weda Bay Minerals (WDA-A) has arranged a private placement of up to 670,000 units at 75 cents each.Each unit will consist of one share and one warran…
A drilling program at the Ivanhoe property in Nevada is aimed at following up the discovery of Midas-style veining in the Valmy formation, reports Great Basin Gold (GBDG-V).The company discovered the …
With low metal prices putting a damper on exploration in the Abitibi greenstone belt, the Quebec government and the private sector are each taking steps to encourage mineral exploration in the provinc…
Looking for a little safety in today’s turbulent markets, investors continued to flock to mining, oil and forestry stocks during the Sept. 16-22 report period. The TSE’s gold and precious metals sub-i…
Alta Gold (ALTA-Q) has begun producing the yellow metal at the Olinghouse mine near Reno, Nev.The operation employs a gravity circuit, which produces concentrates that are melted into dore before bein…
Rio Algom and the Vancouver Stock Exchange recently madesizable contributions to the endowment fund of the University of British Columbia’s Mineral Deposits Research Unit (MDRU), though neither organi…
In industry jargon, they are “technical successes” — remarkable discoveries accomplished under challenging conditions and which, at first glance, appear to have fallen short of the economic threshold…
Nobody can disagree with the need to regulate the behavior of companies in our industry, but we must be on our guard against the rules getting out of hand. I suspect this is happening when the [Ontari…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.22/98 (change from Sept. 15 in brackets):MetalStocks(tonnes)Change…
Wednesday September 23, 1998Price (US)Week’s ChangeGold*$288.00- $1.15Silver*$ 4.8…
In an attempt to increase resources, Golden Phoenix Minerals (GPXM-O) has begun a 20-hole drill program at its High Grade gold project in northeastern California.The property contains a volcanic-hoste…
The waiting is over, the speculation mute. Price Waterhouse and Coopers & Lybrand have become PricewaterhouseCoopers; a remarkable new organization that has been helping business do business for more …
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