GOLD FUNDS (July 10, 1995)
Gold Funds as of July 4BGRCentralNet Value$18.14$6.73Price$14.50$6.75Discount20.08%Premium0.3%Value$141,860,000$122,170,275…
1995
Easton says option not good enough
An option agreement whereby Easton Minerals (VSE) was to acquire a 51% interest in the Goodenough gold mine in Zimbabwe has been terminated.Easton stated it was not sufficiently encouraged during the …
Syndicate prepares to `beep’ Quebec
A mining syndicate formed by three companies — GeoNova Explorations (VSE), Freewest Resources (TSE) and Quebec Crown corporation Societe quebecoise d’exploration miniere (Soquem) — will conduct a pr…
PRODUCER PRICES (July 10, 1995)
ALUMINUM: MW U.S. market US83.75-84.75 cents per lb. (June 16, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995)….
Index (July 10, 1995)
DEPARTMENTSCareersClassified AdvertisingDiamond NewsDiamond DrillersEditorialsInsider TradingInvestment CommentaryMetal PricesCommentaryPeopleProfessional DirectoryRights & WarrantsStock MarketsSubscr…
METAL PRICES — FREE MARKET (July 10, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 4 July 3June 30 June 29 June 28Copper3090-3091 3090-30953076-30813035-30373022-3027Lead 623-624 620-621 619-620 611-612 6…
Leadville sells sulphide ores to Asarco
Leadville Mining & Milling (NASDAQ) will sell to Asarco (NYSE) sulphide ores produced from its Hopemore mine in Colorado.The polymetallic ores will be shipped to Asarco’s nearby Black Cloud mill at th…
INSIDER TRAIDING — Cons. Ramrod execs acquire shares
Three directors and senior officers of Consolidated Ramrod Gold acquired shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Robert Hunziker, senior officer, exercised optio…
X-Cal plans drilling in Nevada
Drilling is expected to get under way in the near future at the Sleeper Extension gold project in Nevada.X-Cal Resources (TSE) will begin a 3,000-to-5,000-ft. drilling program once the necessary acces…
Companies (July 10, 1995)
INDEXAberAboAddingtonAdrianAgnico-EglAsarcoAshton CanAthabaskaBaja GoldCamecoCampbellCastl RockCliffComincoCons RamrodContl PacifcCornucopiaCyprus AmxDayton MngDiamnd FldEastonEldorado…
INVESTMENT COMMENARY — Voisey Bay seen as tip of nickel iceberg
The Voisey Bay nickel-copper discovery in Labrador has already vaulted Diamond Fields Resources (TSE) into the big league, and Yorkton Securities believes the huge deposit represents only “a tiny tip …
Teck calculates resource for Voisey Bay deposit
Diamond Fields Resources (TSE) has released preliminary reserve calculations for the Voisey Bay nickel-copper-cobalt deposit in coastal Labrador.The reserves, minable by open-pit methods, are estimate…