METAL PRICES (April 01, 1996)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDate March 26 March 25 March 22 March 21 March 20Copper 2546-2526 2529-2531 2532.5-2534.5 2562-2564 2542-2544Lead 818-823 826-8…
News
Winspear begins spring drilling at Camsell
Using two rigs, Winspear Resources (VSE) has begun a 10,000-ft. drill program on the Camsell Lake diamond joint venture in the Northwest Territories.Winspear is the operator and holds a 32% interest i…
STOCK MARKETS — Golds gain ground to bolster TSE
The Toronto Stock Exchange was fractionally higher over the report period ended March 26, with the TSE 300 composite index adding 17.94 points to close at 4,985.21. Gold stocks were especially strong,…
Underground program for Damoti
Partners Consolidated Ramrod Gold (TSE) and Canadian American Resource plan to go underground this summer at the Damoti Lake project north of Yellowknife, N.W.T.Canadian American is funding the planne…
Cons. Nevada plans merger
Toronto-listed Consolidated Nevada Goldfields (CNG) will merge with Grupo Real del Monte, a mining company based in Mexico City.As a result, CNG will end up with double its current productive capacity…
Dawson City to host placer gold show
Northern Canada’s largest industry and trade show for the placer mining sector is scheduled for May 17-18 in Dawson City, Y.T.The 11th annual Dawson City International Gold Show will feature a keynote…
Asquith raises exploration funds
A private placement by Asquith Resources (TSE) of 3 million special warrants has closed.Each special warrant was priced at $1 each and will be convertible into one unit consisting of one common share …
Getty raises funds for B.C. project
A brokered private placement of 3.7 million special warrants priced at $1.60 each has grossed $5.9 million for Getty Copper (VSE).Each special warrant is convertible into a unit, consisting of one sha…
No Headline (April 01, 1996)
RemingtonCreek Resources (RCR:VSE) has changed its name to Grayd Resource (GYD: VSE) on a 1-new-for-3-old-share basis.
Central Asia awarded contract in Kazakhstan
Partners Central Asia Goldfields (CDN) and Kazakhstani-based BSB have been awarded a contract for the management and purchase of Kazakaltyn, a gold mining company based in Kazakhstan.Kazakaltyn holds …
Corriente seeking partner for Taca-Taca property
In an effort to advance the Taca-Taca gold property in northwestern Argentina, Corriente Resources (VSE) is seeking a partner.The property covers widespread drill targets at significant depths.Prelimi…
Cambior, Golden Star beef up Gross Rosebel in Suriname
New calculations have expanded the mineral reserve at the Gross Rosebel gold property in east-central Suriname to 24 million tonnes grading 1.4 grams gold per tonne, and partners Cambior (TSE) and Gol…