Gold Funds (March 18, 1996)
Gold Funds as of March 7, 1996BGRCentralNet Value$23.18$6.77Price$19.00$6.875Discount18.05%1.6%Value$181,266,000$124,432,688…
News
EDITORIAL PAGE — Tapping our capital markets
Countries the world over are interested in luring North American mining companies to explore and develop projects in their jurisdictions, and thereby revitalize their mining industries. Evidence of th…
Spot prices at a glance (March 18, 1996)
Wednesday, March 13, 1996Week’sPrice (US)ChangeGold*$397.40+$3.80Silver*$ 5.58+$0.22Platinum*$413.75+$7.40Nickel**$ 3.64+$0.19Lead**$ 0.37+$0.03Copper $ 1.18+$0.02Zinca$ 0.50…
Caribou mine plan gets nod
East West Caribou Mining, a unit of Breakwater Resources (TSE), has received approval from New Brunswick’s ministries of environment and natural resources to proceed with development of the Caribou an…
Drill results keep HRC Development hopeful at Laguna Verde in Argentina
Junior HRC Development (VSE) is drill-testing the Nordin gold porphyry zone at the Laguna Verde property in Argentina’s Catamarca province.The highly oxidized zone is the site of a reverse-circulation…
Golden Knight tests prospect in Ghana
The first phase of reverse-circulation drilling has been completed on the Abore North zone at the Oda River concession in central Ghana.Forty-five holes, comprising 3,400 metres, tested a gold-mineral…
Band-Ore extends mineralization (March 18, 1996)
Drill holes along strike have intersected more mineralization at the Thorne Twp. property of Band-Ore Resources (CDN), west of Timmins, Ont.Earlier drilling on Band-Ore’s new zone had encountered gold…
gold funds
Gold Funds as of Febuary 29, 1996BGRCentralNet Value$23.26$6.92Price$19.25$7.000Discount17.23%1.2%Value $181,845,000$126,695,100…
NEWS IN BRIEF (March 11, 1996)
Auckland Explorations (AUK: VSE) has changed its name to Coromandel Resources (CND:VSE) on a 1-new-for-3-old-share basis.
TSE approves Iamgold offering
In order to fund its exploration programs in West Africa, Iamgold has filed for a public offering of 10.4 million shares at $5.75 per share.The Toronto Stock Exchange has given conditional approval fo…
H-L Corp. gains stake in claims near Voisey’s Bay
CDN-listed H-L Corp. has acquired a 20% interest in a group of claim blocks near Voisey’s Bay, Nfld.The claim blocks, which are 95 km northeast of the Voisey’s Bay nickel-copper-cobalt discovery, comb…
Northfield pulls copper-gold in Ecuador
Testing the strike extension of the orebody at the Mercedes mine in Ecuador, Northfield Minerals (TSE) has intersected 37 metres of copper-gold mineralization.Northfield and its Ecuadorean joint-ventu…