News


Platinum supply to top demand

Supply for platinum is expected to have exceeded demand in 1993, reports Johnson Matthey. In its Platinum 1993 Interim Review, the metals fabricator says demand this year is expected to have expanded …


Drilling of Boleo continues in Mexico

An initial phase of drilling has wound down on the Boleo copper-cobalt property in northwestern Mexico. Coeur d’Alene Mines (NYSE) is earning a half interest from International Curator (VSE) by spendi…


NEWS ROUNDUP — Cominco Resources ups Cerattepe

A drill program in 1993 has resulted in a higher reserve estimate for the Cerattepe property in Turkey. Cominco Resources International (TSE) says 52 holes were drilled on the Gossan zone, bringing th…








Financing (December 20, 1993)

Cambior — 5.5 million units @ $20.65. MSV Resources — 4.1 million Cl A shs issuable upon the exercise of special wts @ $2.20 per special wt. Summit Resources — 2,000,000 shs to be issued upon exerc…


Gold Funds (December 20, 1993)

Gold Funds as of Dec. 14 BGR Central Net Value $15.63 $6.40 Price $14.50 $6.750 Premium 5.5% Discount 7.24% Value $87,561,000 $122,170,275…


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