Spot prices at a glance (April 29, 1996)
Wednesday, April 24, 1996Week’sPrice (US)ChangeGold*$391.10-$0.30Silver*$ 5.32+$0.01Platinum*$403.25+$1.50Nickel**$ 3.61-$0.08Lead**$ 0.370.00Copper $ 1.20+$0.03Zinca$ 0.47…
Articles by Northern Miner Staff
Financing (April 29, 1996)
Triton Mining — 3,500,000 Common Shs issuable upon exercise of Special Wts previously isssued @ $5.10 per Special Wt.
GOLD FUNDS (April 29, 1996)
Gold Funds as of April 18, 1996BGRCentralNet Value$24.47$6.66Price$18.80$6.850Discount23.17%2.9%Value$191,308,000$123,980,205…
Tests prove positive for Curator Res.
Metallurgical tests are confirming metal recoveries for International Curator Resources (TSE) at its Boleo copper-cobalt project in Baja California Sur, Mexico.The program includes orebody characteriz…
METAL PRICES — FREE MARKET (April 29, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateApril 23 April 22April 19April 18April 17Copper2680-2682 2663.5-2665.5 2646-26482607-26092594-2595Lead820-822 817-818 818-819 81…
Farley Lake partners firm up deep zone
Drilling at the Farley Lake gold deposit in northwestern Manitoba has confirmed earlier grade estimates in the Southeast zone.Partners Granduc Mining (TSE) and Black Hawk Mining (TSE) are investigatin…
Oracle Ridge mine calls it quits
Operating losses at the Oracle Ridge underground copper mine in Arizona have prompted 70% owner Santa Catalina Mining (VSE) to shut down the operation.Santa Catalina cited problems with crushing and m…
Western markets continue upward trend
Western markets continued to trend upwards over the report period ended April 23. The Vancouver Stock Exchange composite index rose 26.22 points to 1,190.59, while the resource index tacked on 57.96 p…
Dianor intersects gold mineralization
A drill hole at the Adanac property, 10 km southeast of Rouyn, Que., has intersected gold mineralization grading 4.1 grams per tonne over a core length of 2.8 metres.The hole was part of a 6-hole prog…
Drilling at Petaquilla upgrades resource
Feasibility work on the Petaquilla project in Panama continues to confirm and upgrade previous estimates.Adrian Resources (TSE) reports that Teck (TSE) has drilled 80 holes since mid-January in a comb…
Malaysian tin-smelting firm gains stake in Adex Mining
A Malaysian tin smelting company will finance the reopening of Adex Mining’s (TSE) Mount Pleasant polymetallic mine in New Brunswick in exchange for a 51% stake in that company.Malaysian Smelting can …
Grade at Beaver Brook confirmed (April 29, 1996)
An independent review of mineral resources at the Beaver Brook antimony mine in central Newfoundland has confirmed the estimates of operator Roycefield Resources (TSE).The report identifies a drill-in…