METAL PRICES — FREE MARKET (August 07, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateAugust 1 July 31July 28 July 27 July 26Copper3010-3015 2978-29572982-29873005-30102970.5-2985.5Lead624.5-625.5 621-622620-62162…
News
Drilling at Red Lake mine proves continuity of zones
Goldcorp (TSE) has released additional results from its ongoing $10-million exploration and development program at the Red Lake mine in northern Ontario.In addition to advancing drifts, Goldcorp carri…
Temagami staking rush anticipated for summer
A wide range of mineral prospects in the Temagami area of northern Ontario will trigger a claimstaking rush when dozens of dormant townships are thrown open to developers later this month, government …
Meetings (August 07, 1995)
MEETINGSAug. 14, JentanAug. 14, LoumicAug. 14, NucanolanAug. 14, RupertAug. 15, Bellevue Aug. 15, NewcoastAug. 15, Springsyde Aug. 15, TakuraAug. 15, Webex Aug. 15, YamanaAug. 16, Alpha GoldAug. 16, I…
Manhattan to resume exploration at Montosa
Manhattan Minerals (TSE) will use a portion of the proceeds from a $2-million private placement on two Latin American ventures — one in Mexico, the other in Peru.The funds will enable the junior to p…
Index (July 31, 1995)
LABRADOR NEWS ROUNDUP — Castle Rock reports discovery
Partners Castle Rock Explorations (VSE) and Pan-Global Enterprises (VSE) have discovered “heavily mineralized” gossans on their claims in Labrador. The gossans contain visible chalcopyrite, pyrrhotite…
Uranerz, partners drill-test Saskatchewan kimberlite field
Diamond exploration is always a needle-in-a-haystack venture, but the four joint-venture partners looking for gems beneath the Saskatchewan prairies figure they have enough haystacks to make their odd…
St. Andrew completes offering
A total of 12.6 million shares will be issued following the completion of a rights offering by St. Andrew Goldfields (TSE). The offering is expected to generate proceeds of $2.5 million.St. Andrew wil…
PEOPLE — VANCOUVER STOCK EXCHANGE — Michael Johnson appointed president and chief executive officer.
PEOPLE — UNITED KENO HILL MINES — Frederick Sveinson appointed president and chief operating officer.
GOLD FUNDS (July 31, 1995)
Gold Funds as of July 25BGRCentralNet Value$18.12$6.617Price$14.13$6.50Discount22.06%1.7%Value$141,696,000$117,645,450…