Spot prices at a glance (October 07, 1996)
Wednesday, October 2, 1996Price (US)Week’s ChangeGold*$379.20- $4.05Silver*$ 4.91…
1996
Metal Prices — FREE MARKET (October 07, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateOct. 1Sept. 30Sept. 27Sept. 26Sept. 25…
Delgratia finances Latin American work
Junior Delgratia Mining (DELGF-N) has raised US$5.5 million through a private placement of 1 million units at US$5.50 each.A unit consists of one common share and one share purchase warrant entitling …
VenCan drills Opoteca concession
A drill program by VenCan Gold (VCG-M) will focus on the Opoteca gold-silver concession in central Honduras.In April, VenCan carried out limited sampling on the land package, which includes a Spanish …
INSIDER TRADING — St. Genevieve Res. buys into subsidiaries
Insider trading reports from recent weeks show that Montreal-based St.Genevieve Resources (SGV-T) increased its shareholding in two of its subsidiaries: Far East Gold (FEGI-C) and KWG Resources (KWG-T…
St. Genevieve finances projects
A recently completed equity financing is expected to generate gross proceeds of $25 million for St. Genevieve Resources (SGV-M). The net proceeds will be released once the company meets certain regula…
Brooks eyes core from Argentina
Three holes of a 6-hole drill program at Brooks Resources’ (BRC-V) Campana Mahuida property in Argentina have been completed to a depth of 200 metres.Operator Northern Orion Explorations (NNO-T) is ca…
EDITORIAL PAGE — The Great Wall is falling
The other “Great Wall” of China, by which is meant the half-century-old barriers to foreign investment, appears to be crumbling.In its latest 5-year plan, the Beijing government has outlined plans to …
Results add lustre to Butte Highlands
Toronto-listed Orvana Minerals (ORV-T) is heartened by results from the first five holes testing high-grade continuity and other portions of the Butte Highlands gold property in Montana.Holes 96-1 and…
Newmont teams with High Desert partners
Newmont Gold (NGC-N) will exercise its back-in option on a joint venture between High Desert Mineral Resources (HDR-V) and Barrick Gold (ABX-N).The subject of the joint venture is the High Desert prop…
Tiomin Res. uncovers titanium-zircon at prospecting licence on coast of Kenya
Junior Tiomin Resources (TIO-T) has discovered a large titanium-zirconium resource at its prospecting licences on the coast of Kenya.The company identified a resource of more than 650 million tonnes o…
PRODUCER PRICES (October 07, 1996)
ALUMINIUM: LME settlements US$1,322.50 per tonne (Oct. 1, 1996), alloy US$1,215 per tonne (Sept. 26, 1996).ANTIMONY: Composite free market, US$2,400 per tonne (Oct. 1, 1996).BISMUTH: Composite free ma…