GOLD FUNDS (August 17, 1992)
BGR Central Net Value $8.34 $5.02 Price $7.50 $4.85 Discount 10.08% 3.40% Value $49,657,000 $81,597,855…
Articles by Northern Miner Staff
TSE Short Positions (August 17, 1992)
Semi-monthly reports as of July 31, showed 29,588,606 shares of 560 issues compared with 26,202,288 shares of 573 issues on July 15. Larger individual positions included: Aber Res. 63,400; Altex Res. …
11 (August 17, 1992)
Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.
Toronto Stock Exchange Indices (August 17, 1992)
Aug 11 Aug 10 Aug 7 Aug 6 Aug 5 High Low Composite”300″3404.67 3408.78 3406.30 3398.65 3406.19 4009.47 3009.91 Metals&Minerals 3000.32 3009.25 3021.60 3029.48 3031.48 3453.06 2502.63 Integrated Mines3…
Victoria secures exploration funds
Subject to regulatory approval, Victoria Resource (VSE) recently negotiated a brokered private placement through Yorkton Securities. The placement includes up to two million units at 35 cents each. Th…
Tan Range plans Tanzanian work
A $450,000 private placement has been completed by Tan Range Exploration (ASE), which plans to begin exploration on several recently granted concessions in northern Tanzania. One concession covers the…
Production decision for Sleeping Giant
Sleeping Giant mine partners Cambior (TSE) and Aurizon Mines (TSE) say they will place the Quebec gold project into production during the second quarter of 1993.
O&C sells stake in Panamanian firm
Osborne & Chappel Goldfields (TSE) has reached an agreement in principle to sell its main asset, a 25% interest in Los Lilenes S.A., to Odin Mining and Investment. Odin currently owns the remaining 75…
Cominco boosts earnings
Net earnings of $18.1 million were reported by Cominco (TSE) for its 1992 second quarter ended June 30, a substantial improvement over this year’s first-quarter loss of $4.9 million. The latest result…
Hemisphere tests lamproite pipe
Testing is under way on a 1,000-tonne bulk sample taken from the Leopold Downs lamproite pipe in western Australia by Vancouver-based Hemisphere Development (VSE). Hemisphere, which is earning a 80% i…
Western Troy commences work on bulk sample
Western Troy Capital (ASE) has started work on a program to take a 500-ton bulk sample from its gold prospect in Menary Twp. in northwestern Ontario. The company says it has recovered 24 oz. gold from…
PRODUCER PRICES (August 10, 1992)
ALUMINUM: MW U.S. market US60.50-61.50 cents per lb. (Jul. 23, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…