Consultant Behre Dolbear has recommended that the Tonkin Springs gold project in Eureka Cty, Nev., be advanced to production.The 33-sq.-mile Tonkin Springs property is owned 60% by Gold Capital (GOCP-…
In Nevada’s Battle Mountain complex, Battle Mountain Gold (BMG-N) has transformed the Reona mine into a 100% run-of-mine, heap-leach facility.Battle Mountain expects to achieve lower processing costs …
Investors who bought shares of Cartaway Resources at peak prices are obviously not happy about the way the company handled the release of information from the drill program at the Cirque property in L…
Results from the first hole drilled on the Pierina prospect in Peru surpassed market expectations for Arequipa Resources (AQP-T).The hole, part of an initial 5,000-metre program, returned an 88-metre …
An agreement with Rea Gold (REO-T) enables BMR Gold (BGL-T) to acquire the Comstock Lode heap-leach project in Nevada’s historic Comstock district.The Comstock region, 17 miles south of Reno, produced…
The legal complexity of mining royalties is unraveled in a new book, Mining Royalties Between Private Parties, published by the Centre for Resource Studies at Queen’s University.Author Karl J.C. Harri…
Although its original target in Greenland was base metals, Major General Resources (MGJ-V) is turning up heavy minerals, which indicates potential for kimberlite discoveries.In the autumn of 1995, the…
Val($000s) High Low ChangeBRE-X Mnrls T295822$28.6522.3526.10 +2.70 .Arequipa Res T183539$34.7519.2032.65+12.50 .Diamond Flds T111220$40.0538.2539.95+0.25 .Cameco Corp T93879$6…
The Toronto Stock Exchange settled lower last week, supporting the view that the markets are fully valued. The TSE 300 composite index was down 18.94 points (0.4%) over the period May 22-28, closing a…
Short positions outstanding at May 15, 1996Larger individual positions included: Abacan 131,600; Barrick Gold 4,690,913; Agnico-Eagle 450,968; Algoma Steel 233,223; Adex Mining 345,000; Asia Pacific 1…
Gold Funds as of May 23, 1996BGRCentral.Net Value$25.95$6.72 .Price $19.60$7.000 .Discount24.46%4.2% .Value$202,855,000$126,695,100 .
Wednesday, May 29, 1996Week’s Price (US) Change .Gold* $391.65+$0.65 .Silver* $ 5.37+$0.08 .Platinum*$400.25+$3.00 .Nickel**$ 3.59+$0.08 .Lead**$ 0.37-0.01 .Copper{$ 1.15+$0.04 .Zi…
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