METAL PRICES (April 15, 1996)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDate April9 April 8 April 5April 4 April 3Copper 2485.5-2487.5Holiday Holiday2488-2490 2478.5-2480.5Lead 835.5-837.5Holid…
News
Goldcorp to sell Geomaque shares
Toronto-listed Goldcorp is considering selling all of its investment in Geomaque Explorations (TSE).According to a Goldcorp release, the timing and method of the sale, if it occurs, will depend on mar…
New zone found at Lac Pusticamica property in Quebec
Partners Freewest Resources Canada (TSE) and Murgor Resources (ME) have discovered a new gold zone on the Lac Pusticamica property in Quebec’s Benoist Twp.A drill hole intersected gold mineralization …
STOCK MARKETS — Golds and base metals occupy bright spot
Gold and base-metal issues rose last week, bucking the overall downward trend on the Toronto Stock Exchange. For the period April 3-9, the TSE 300 composite index fell fractionally, losing 17.46 point…
Golden Bear mine prepares to reopen
The Golden Bear mine in northwestern British Columbia is poised to reopen this summer, following a positive feasibility study for a proposed heap-leach operation.The study, which was conducted on the …
Outokumpu advances Aussie nickel find
An exceptionally high-grade nickel deposit in Western Australia has been advanced to the feasibility study stage by partners Outokumpu and Mining Project Investors.Discovered in the fall of 1995, the …
Curator placement will advance Boleo
A private placement of 400,000 units at $12.50 each will net $4.7 million for International Curator (TSE) after commissions.The units include a share and half a warrant, with each whole warrant good f…
St. Genevieve spreads wings
Already a force in Ethiopian mineral exploration, St. Genevieve Resources (TSE) has been granted a large new concession with placer gold potential.The Serkole concession, situated in Ethiopia’s Benish…
Esperanza to be explored in 1996
A major exploration program on the Esperanza gold property in Costa Rica will be carried out this year.Lyon Lake Mines (ME) reports that the program will cover all four of its concessions, which total…
Drilling starts at Nettogami Lake
A drill program by Leader Mining International (ASE) will test the mineral potential of the Nettogami Lake project in northern Ontario.A total of 18-20 holes are planned for the Nettogami Basin, which…
Eldorado adds to Energold holdings
By purchasing 3.2 million shares of Energold Mining (VSE) in a private transaction, Eldorado (TSE) has boosted its stake in the company to 48.8% from 16.16%.In doing so, Eldorado is positioning itself…
Fancamp explores Gemsbok base-metal property in Botswana
Vancouver-listed Fancamp Resources has kicked off the first phase of its exploration program on the Gemsbok base-metal property in southwestern Botswana.The 1.6-million-acre, wholly owned property for…