News



THE DIAMOND PAGE — Trade Winds collects sample

Junior Trade Winds Resources (VSE) has recovered several tonnes of kimberlite from drilling of the Drybones Bay pipe, in which it can earn an 80% interest.Situated 50 km southeast of Yellowknife, N.W….


DIAMOND PAGE — Drilling continues at Afridi Lake

Initial processing of the first sample from the 5009A kimberlite at the Afridi Lake property in the Northwest Territories has confirmed the pipe is diamondiferous.Cypango Ventures (VSE) will release r…


Odds ‘n’ Sods — Waiting for the cake

Production of yellow cake from the Quirke in Elliot Lake, Ont., began in the summer of 1956, and expectations were high.During the break-in period, all systems appeared to function and perform as plan…


Queenstake plans Chupaca drilling

In June, diamond drilling will begin on the Chupaca property in Peru, according to Queenstake Resources (TSE).Surface work by Queenstake Resources (TSE) has identified a gold anomaly measuring 700 by …


CDA elects board at annual meeting

The election of a new board of directors was one of the highlights for the 110 delegates who attended the 53rd annual convention of the Canadian Drilling Association, held May 1-3 at Nova Scotia’s She…



GREATEST VALUE TRADED, May 8-14

Value($000s)HighLowCloseChangeDiamond Flds T171056$42.9541.8041.90-0.75Inco Ltd T166066$47.7046.3046.45-0.60Cartaway Res A151534$16.503.2513.25+9.65BRE-X Mnrls T102894$216….


Gold Funds (May 20, 1996)

Gold Funds as of May 9, 1996BGRCentralNet Value$25.81$6.76Price$20.45$6.900Discount20.77%2.1%Value$201,788,000$124,885,170…



Spot prices at a glance (May 20, 1996)

Wednesday, May 15, 1996Week’s Price (US)ChangeGold*$391.85-$1.80Silver*$ 5.40-$0.08Platinum*$402.25-$4.00Nickel**$ 3.64-$0.17Lead**$ 0.38-0.01Copper$ 1.24-$0.05Zinc$ 0.47-$0…


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