Aussie firm cuts spectacular assay
A spectacular gold intersection in Western Australia has Great Central Mines N.L. of Melbourne smiling. The company, which trades on NASDAQ in the U.S., cut 10 ft. grading 46 oz. per ton at a depth of…
Articles by Northern Miner Staff
DIAMOND NEWS ROUNDUP — Brazil focus for Canabrava
In Brazil, an intense $2-million exploration phase initiated in June, 1994, is nearing completion for Canabrava Diamond (VSE). The project consists of 21 properties totalling 680,000 hectares, which a…
Spot prices at a glance (March 20, 1995)
Week’s Price (US) Change Gold* $386.60 + $3.50 Silver* $ 4.73 + $0.05 Platinum* $422.75 + $3.25 Nickel** $ 3.41 – $0.06 Lead** $ 0.26 $0.00 Copper $ 1.32 $0.00 Zinc $ 0.46 $0.00 Courtesy of Scotiabank…
METAL PRICES — FREE MARKET (March 20, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date March 14 March 13 March 10 March 9 Mar. 8 Copper 2919-2920 2919-2920 2900-2902 2899-2901 2907-2908 Lead 566-567 566-567 578-581 577-578 …
PRODUCER PRICES (March 20, 1995)
ALUMINUM: MW U.S. market US87-88 per lb. (March 3, 1995). ANTIMONY: MW New York dealer US$2.30-2.40 per lb. (Feb. 16, 1995). BISMUTH: MW New York dealer US$3.75-3.90 per lb. (Feb. 24, 1995). CADMIUM: …
GOLD FUNDS (March 20, 1995)
BGR Central Net Value $15.98 $6.53 Price $13.75 $7.0 Discount 13.94% Premium 7.2% Value $124,915,000 $126,695,100…
STOCK MARKETS — Market up despite persistent currency
Despite the fact that currency markets remained skittish, major North American stock markets continued to build momentum during the report period ended March 14, with both the Dow Jones industrial ave…
STOCK MARKETS — Heavy trader Murgor releases more results
The Vancouver Stock Exchange composite and resource indexes were up slightly during the report period ended March 14. The former gained 8.23 points to close at 705.02, while the latter finished ahead …
Exploration funds for Freegold
A private placement will give International Freegold Mineral Development (VSE) additional funds with which to explore its Golden Summit property near Fairbanks, Alaska. La Teko Resources (NASDAQ) is p…
Zappa drilling Papa Grande play
A minimum 3,500-metre diamond drill program is under way on Zappa Resources’ (VSE) Papa Grande concession in southwestern Ecuador. Anomalous gold soil geochemistry, along with outcrops of mineralized …
IGR options Poura mine
The government of Burkina Faso will allow TSE-listed International Gold Resources (IGR) to acquire a 90% stake in the country’s largest operating gold mine. The Poura mine is the fourth project the co…
Gold intersected at Bralorne
Drilling on the Bralorne mine project in the Bridge River area of southwestern British Columbia has returned gold values for partners Avino Mines & Resources (VSE) and Bralorne-Pioneer Gold Mines (VSE…