Conversion of Weights and Measures (April 24, 1995)
1 troy ounce = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metri…
News
Spot prices at a glance (April 24, 1995)
Wednesday, Apr. 19Week’sPrice (US)ChangeGold*$396.95+$7.15Silver*$5.92+$0.58Platinum*$461.25+$11.75Nickel**$3.28-$0.03Lead**$0.27$0.00Copper$1.32-$0.02Zinc$0.48 $0.00…
STOCK MARKETS — Voisey Bay play adds pep to western markets
The nickel-copper-cobalt discovery of Toronto-listed Diamond Fields Resources, along the coast of Labrador, has begun to influence both the Vancouver and Alberta markets as a speculative play.While th…
Toronto Stock Exchange Indices (April 24, 1995)
— 1995 –Apr 18Apr 17Apr 14Apr 13Apr 12HighLowComposite”300″4299.39 4302.72 N/A4303.28 4296.54 4320.52 3983.34Metals&Minerals4158.76 4192.09 N/A4231.31 4203.55 4337.89 3273.56Int…
Battle Mountain bids for Crown
A merger is in the works between Battle Mountain Gold (NYSE) and Crown Resources (NASDAQ).The deal could result in Crown becoming part of Battle Mountain after an exchange of shares. For every one Cro…
Broadlands joins with Shorewood
Two companies, Broadlands Resources and Shorewood Explorations, have amalgamated under the name of International Broadlands Resources (VSE).The new company has 8.8 million shares outstanding and its p…
Lithos pours first gold brick
Processed material from the Bourlamaque-Nord project of Lithos (ME) near Val d’Or, Que., contained gold, silver and a strong percentage of copper.The company says there is now the possibility of produ…
Infill drilling planned on BIF Island at northern Damoti Lake project
With spring breakup fast approaching at Damoti Lake in the Northwest Territories, a second drill rig is being engaged, in order to carry out infill drilling of the original discovery on BIF Island.The…
Pentland intersects gold near Bell Creek property
Vancouver-based Pentland Firth Ventures (ASE) has intersected gold mineralization on its Allerston property in Timmins, Ont. The project is adjacent to, and west of, the Bell Creek mine.Two of three P…
Asarco increases stake in Southern Peru Copper
In an effort to acquire more low-cost copper production and expand its ore reserves, Asarco (NYSE) has bought an additional 10.7% interest in Southern Peru Copper from Newmont Gold (NYSE).The purchase…
GMD options JBG claim group
Vancouver-listed GMD Resources can earn a 60% interest in Fortune Minerals'(CDN) JBG claim group 150 km northeast of Yellowknife, N.W.T.The claims are 3 km east of Fortune’s NICO property where high-g…
Canmine program intersects copper at Ontario prospect
Drilling on the Werner Lake base metal property, northwest of Kenora, Ont., has encountered encouraging copper mineralization.Canmine Resources (ASE) is carrying out the multi-hole program in order to…