Ego gets cash infusion
While the situation is improving, a slow start to cobalt sales from its recovery plant in Cobalt, Ont., has made it necessary for Ego Resources (TSE) to find money elsewhere.As a result, the company h…
News
Lawyers to discuss Cuban legislation
Recent U.S. legal restrictions involving Canadian trade with Cuba have prompted the law firm Osler, Hoskin & Harcourt to schedule a client seminar for April 24 in Toronto.Experts in trade law will be …
Spot prices at a glance (April 08, 1996)
Wednesday, April 3, 1996Week’sPrice (US)ChangeGold*$393.80-$6.20Silver*$ 5.51-$0.18Platinum*$405.25-$9.25Nickel**$ 3.64-$0.15Lead**$ 0.36-0.01Copper $ 1.13-$0.02Zinca$ 0.47-…
TSE INDICES (April 08, 1996)
= 1996 =April 2 April 1 Mar 29 Mar 28 Mar 27 High LowComposite300″5024.75 4994.27 4970.83 4975.15 4987.46 5066.79 3983.34Metals & Minrls5303.45 5307.16 5326.22 5345.73 5355.41 5463.82 3273.56Int…
GOLD FUNDS (April 08, 1996)
Gold Funds as of March 28, 1996 BGR CentralNet Value $23.43 $6.91Price $19.00 $7.000Discount 18.91% 1.3%Value $183,203,000 $126,695,100…
HRC, Eldorado drill Argentina project
A second phase of drilling is under way on the Laguna Verde property in Argentina.Partners HRC Development (VSE) and Eldorado (TSE) will carry out 6,000-8,000ft. of reverse-circulation work, mainly on…
Meetings (April 08, 1996)
April 15, All-North — annual, generalApril 15, Bonanza Red Lake — annual, specialApril 15, Campbell — annualApril 15, Eldon — annual, generalApril 15, Morgain Minerals — annual, general, specialA…
Promontorio takes shape under Sierra Nevada
Drill results are enabling Sierra Nevada Gold (VSE) to prove up the Promontorio property in Mexico’s Chihuahua state.The California-based company has completed eight core drill holes, testing previous…
Kennecott options Ophir property
Kennecott will option the Ophir property of Tucson-based Silver Eagle Resources (VSE).Situated in Utah’s Oquirrh mountains, the property contains silver-lead-zinc deposits and covers 1,361 acres of pa…
Tailings cease to flow at Marcopper mine
The tailings leak at Placer Dome’s (TSE) Marcopper mine on Marinduque Island in the Philippines has stopped, and the operators of the mine are preparing to install a temporary seal.Tailings began leak…
Prime moves to boost stake in Snip gold mine
Prime Resources (TSE) has thwarted an attempt by International Skyline Gold (TSE) to acquire Cominco’s (TSE) 60% interest in the Snip gold mine in northwestern British Columbia.Prime, which already ow…
N.W. Ontario Prospectors to proceed with show
The annual Mines and Minerals Symposium for northwestern Ontario will proceed as scheduled, April 16-17 in Thunder Bay, with the assistance of the Northwestern Ontario Prospectors Association (NWOPA)….