The giant gold discovery by Bre-X Minerals on the Island of Kalimantan in Indonesia spawned a huge land rush led by a host of Canadian juniors.In many cases, representatives of these companies have no…
Toronto-based Noble Peak Resources (ASE) has raised $2.2 million to explore and develop its gold properties along South Africa’s Barberton greenstone belt.The junior will begin the first phase of expl…
H. Cornwell appointed director.
Bruce Purcell, Hans Schwabl and Daniel Geronazzo appointed directors.
Richard Mauro appointed director.
Jenn-Fa Chen appointed vice-president.
Exchg. Value($000s)HighLowCloseChangeDiamond Flds T298401$42.0038.7539.70-2.15BRE-X Mnrls T197299$241.00215.25234.00+18.60Inco Ltd T190826$46.4544.7045.15-1.25Cartaway Res …
Gold Funds as of May 16, 1996BGRCentralNet Value$25.94$6.72.Price $20.10$6.950.Discount22.50%3.4%.Value$202,785,000$125,790,135.
Fortune Minerals (CDN) can earn a half interest in the Sue-Dianne property of Noranda (TSE), near Fortune’s Nico discovery at Mazenod Lake, N.W.T.Provided Fortune earns this interest, Noranda can then…
Drilling by Nord Pacific (NASDAQ) is extending oxide gold mineralization at several prospects on its wholly owned Tabar Islands gold project in Papua New Guinea.The Tabar Islands are four in number: S…
Toronto-listed Yamana Resources has closed a financing with Barrick Gold (TSE) that will aid its exploration efforts on the Indonesian island of Kalimantan.The financing effectively converts US$7.2 mi…
ALUMINIUM: Composite free market US70.7 cents per lb. (May 21, 1996).ANTIMONY: US$1.95 per lb. (May 21, 1996).BISMUTH: Composite free market US$3.71 per lb. (May 10, 1996).CADMIUM: Composite free mark…
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