Cata Preta returns good gold values
Drilling on the Cata Preta property in Brazil is returning gold values for Black Swan Gold Mines (TSE).The company has already issued the property vendor 8 million shares under an option agreement to …
Articles by Northern Miner Staff
FINANCING (April 08, 1996)
Santa Cruz Gold — 5,845,500 Units each consisting of one Common Sh and one-half of one Common Sh Purchase Wt to be issued upon the exercise of 5,845,500 previously issued Special Wts @ 50 cents per U…
STOCK MARKETS — Western markets hot as gems return to favor
The Vancouver Stock Exchange set new records for volume and value during the first quarter, with 2.2 billion shares traded, representing a value of $2.5 billion.Trading during the report period ended …
METAL PRICES (April 08, 1996)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDate April2 April 1 March 29 March 28 March 27Copper 2496-2498 2515.5-2517.5 2553-2555 2537.5-2539.5 2534-2536 Lead 788-790 791-…
Archangel firms up pipe in Russia
Junior Archangel Diamond (VSE) is encouraged by final results from the discovery hole on pipe 441 at the Verkhotina diamond project in northwestern Russia.Thirty-one macrodiamonds and 152 micros were …
TSE SHORTS (April 08, 1996)
Short positions outstanding at March 15, 1996Larger individual positions included: Barrick Gold 8,449,313; Agnico-Eagle 154,858; Arequipa 114,500; Anvil Range Mining 321,200; Bema Gold 3,432,178; Cale…
Spot prices at a glance (April 08, 1996)
Wednesday, April 3, 1996Week’sPrice (US)ChangeGold*$393.80-$6.20Silver*$ 5.51-$0.18Platinum*$405.25-$9.25Nickel**$ 3.64-$0.15Lead**$ 0.36-0.01Copper $ 1.13-$0.02Zinca$ 0.47-…
TSE INDICES (April 08, 1996)
= 1996 =April 2 April 1 Mar 29 Mar 28 Mar 27 High LowComposite300″5024.75 4994.27 4970.83 4975.15 4987.46 5066.79 3983.34Metals & Minrls5303.45 5307.16 5326.22 5345.73 5355.41 5463.82 3273.56Int…
GOLD FUNDS (April 08, 1996)
Gold Funds as of March 28, 1996 BGR CentralNet Value $23.43 $6.91Price $19.00 $7.000Discount 18.91% 1.3%Value $183,203,000 $126,695,100…
HRC, Eldorado drill Argentina project
A second phase of drilling is under way on the Laguna Verde property in Argentina.Partners HRC Development (VSE) and Eldorado (TSE) will carry out 6,000-8,000ft. of reverse-circulation work, mainly on…
Meetings (April 08, 1996)
April 15, All-North — annual, generalApril 15, Bonanza Red Lake — annual, specialApril 15, Campbell — annualApril 15, Eldon — annual, generalApril 15, Morgain Minerals — annual, general, specialA…
Promontorio takes shape under Sierra Nevada
Drill results are enabling Sierra Nevada Gold (VSE) to prove up the Promontorio property in Mexico’s Chihuahua state.The California-based company has completed eight core drill holes, testing previous…