METAL PRICES — FREE MARKET (May 22, 1995)
London Metal Exchange .TSpot closing prices in $US per tonne DateMay 16 May 15May 12May 11May 10Copper2758-2759 2742-27432764-27652729-27302733-2734 Lead594.5-595.5 586-587 580.5-581.5 57…
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PRODUCER PRICES (May 22, 1995)
ALUMINUM: MW U.S. market US89.5-90.5 cents per lb. (April 14, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 1995)….
Canarc drilling Guyanese property
Drill crews at the Ianna property in Guyana have struck gold mineralization in two separate areas.Canarc Resource (TSE) is earning up to a 65% interest from Roraima Gold (VSE) by carrying out drilling…
Spot prices at a glance (May 22, 1995)
Wednesday, May 17Week’s .T Price (US)Change Gold*$383.40 $0.00 Silver*$5.38- $0.10 Platinum*$428.65-$6.85 Nickel**$3.31+ $0.16 Lead**$ 0.27+$0.01 Copper$ 1.26+$0.02 Zinc$ 0….
Cambior drilling at Douay West
Confirmation drilling by Cambior (TSE) at the Douay West gold project near Joutel, Que., has returned some encouragingintersections.Property owner Societe d’exploration miniere Vior (ME) reports that …
RFC expands Pend Oreille play
Drilling has increased preliminary reserves by 39% at the Pend Oreille zinc project in northeastern Washington state.RFC Resource Finance (TSE) carried out a 21,918-ft. program, consisting of 21 holes…
Meetings (May 22, 1995)
May 29, Hillcrest — annual, generalMay 29, Morrison Middlefield — annualMay 29, Northridge — annual, generalMay 29, NDU — annual, generalMay 29, Platinova A/S — annual, specialMay 29, Platinova R…
Drilling expands Voisey Bay
Exploratory drilling west of the Voisey Baynickel-copper-cobalt discovery is expanding the scope of the Labrador project.Owner Diamond Fields Resources (TSE) reports that holes 95-89, 95-93 and 95-98 …
Imperial reserves rise dramatically (May 22, 1995)
Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…
PEOPLE — ANGLO-ANDEAN
Leonel Lopez elected president and chief executive officer.
GOLD FUNDS (May 15, 1995)
Gold Funds as of May 9BGRCentralNet Value$17.53$7.09Price$15.00$6.875Discount14.41%2.8%Value$137,025,000$124,432,688…
NEWS IN BRIEF (May 15, 1995)
Adanac Mining & Exploration (ADN:VSE) and Bell Molybdenum Mines (BLY:VSE) have amalgamated and will be known under the latter name (BEM:VSE). Shareholders of both companies will consolidate on a share…