Gold Funds (June 24, 1996)
Gold Funds as of June 13, 1996BGRCentralNet Value$24.27$6.52Price$18.25$6…
News
Shareholders OK Ashanti agreement
Shareholders have approved the acquisition of International Gold Resources (IGC-T) by Ashanti Goldfields (AHD-T).Ashanti has a 90% interest in the Bibiani project in Ghana, with the remainder held by …
MOST ACTIVE ISSUES, June 12-18
ExchgVol(000s)CloseArizona StrV148676.50BRE-X MnrlsT…
DIAMOND PAGE — Argyle producers and CSO go separate ways
Argyle Diamonds will not renew its marketing contract with the Central Selling Organization (CSO) when it expires at the end of the month.Argyle is a joint venture consisting of RTZ-CRA, Ashton Mining…
Big Valley drilling near Mount Polley
A drill program operated by Big Valley Resources (BV-A) is testing the Lloyd-Nordik and BV properties adjacent to the Mount Polley gold-copper mine being constructed in central British Columbia.The 9-…
Redaurum starts production at Kelsey Lake diamond mine
Production is in full swing at the first commercial diamond mine in North America.Nestled high in the the foothills of the Rocky Mountains of northern Colorado, the Kelsey Lake operation started up in…
Companies (June 24, 1996)
Absolut Res.Alta GoldAmax GoldAmerican GemAMT Int’l M’gArizona StarArmistice Res.Ashanti GldfldsAshton MiningAtna ResourcesBarrick GoldBema GoldBHP MineralsBig Valley Res.Birim GoldfldsBorneo GoldBrea…
COMMENTARY — Idaho act sets standard for wildlife conservation
Mining companies in central Idaho’s Lemhi Cty. helped negotiate, and recently signed, a historic, multi-party agreement to protect stream-side habitats for the area’s endangered species.Working in con…
Spot prices at a glance (June 24, 1996)
Wednesday, June 19, 1996Week’sPrice (US)ChangeGold*$386.00+$1.50…
BASE METALS SPECIAL — Ivan copper mine reaching design capacity
Production rates and profits are climbing at the Ivan copper mine operated by Minera Rayrock (MRN-T), shareholders were told during the annual meeting in Toronto.The Chilean mine produces cathode copp…
STOCK MARKETS — VSE gets jitters in wake of selloff
Western markets remain nervous in the wake of the sell-off that lopped more than 10% from Vancouver indices in the space of a few days during the first week of June.Share prices continued their slide …
Merger will form industrial/specialty mineral producer
Mountain Minerals (MIM-T) and Highwood Resources (HWD-T) will merge to form a Calgary-based industrial producer with advanced specialty metals and rare-earth deposits.Mountain Minerals is a producer o…