Guyana’s modest gold output growing
Increased gold purchases by the state-run gold authority here have led to official predictions of a record-breaking production year in this key sector, Guyana’s fifth ranked foreign exchange earner. F…
Articles by Northern Miner Staff
Yellowjack drills Katie claims
An exploration program by Yellowjack Resources (VSE) is under way to test several previously outlined copper-gold zones on the Katie claims near Salmo, in southern British Columbia. The first hole of …
GOLD FUNDS (April 27, 1992)
BGR Central Net Value $7.54 $5.00 Price $6.00 $4.400 Discount 20.39% 12.0% Value $44,878,000 $74,026,920…
TORONTO STOCK EXCHANGE INDICES; METAL PRICES
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 21 Apr 20 Apr 17 Apr 16 Apr 15 Copper 1252-1253 NA NA 1262-1263 1247-1248 Lead 3…
Spot prices at a glance (April 27, 1992)
Week’s Price (US) Change Gold* $338.30 – $1.30 Silver* $ 3.99 – $0.11 Platinum* $341.60 – $6.90 Nickel** $ 3.39 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.60 + $0.01 Courtesy of Scotia…
Yukon placer gold miners face new regulations on three
Placer miner Jack Fraser says his roots are firmly planted in the Klondike, the Yukon’s historic placer mining region which is being hit by low gold prices and new environmental regulations. “This’ll …
American Ore
Calgary-based American Ore (ASE) will change its name to American Exploration and consolidate its shares on a 5-for-1 basis after shareholders approved the reorganization. The company says it is desig…
Rothschild helps Goldbelt raise funds
In concert with efforts to raise funds for its tailings project in Kazakhstan, Goldbelt Resources (VSE) recently appointed N.M. Rothschild as its financial adviser. Under the terms of the agreement, R…
Westaurum to fund Davis-Keays
Westaurum Industries (ASE) says it has secured a notice of private placement for $5 million from German investors to explore and develop the Davis-Keays copper mining properties in northwestern Britis…
Hycroft boosts Crofoot silver output
Silver production at the Crofoot/ Lewis heap leach mine in Nevada jumped to 66,379 oz. during the first quarter of 1992. Hycroft Resources & Development (VSE), owner of the mine, notes that the operat…
United Kingdom’s gold potential
The momentum of gold exploration in Britain has been high since the discovery in 1979 by Consolidated Goldfields of gold-bearing strata-bound base-metal sulphides in the Archean at Gairloch, northwest…
Record quarter for American Barrick
Thanks to some pleasant surprises at the Goldstrike mine in Nevada, American Barrick Resources (TSE) was able to add another record quarter to a growing list of financial achievements. The Toronto gol…