News

Patrick Gerrits appointed director; Peter Bodel appointed vice-chairman of the board and president of El Bravo.

The Geological Survey of Canada is publishing a series of studies on indicator mineral geochemistry and other aspects of geochemical prospecting for diamond-bearing kimberlites.Indicator minerals in g…

John Brown appointed director.

1996 Feb 13Feb 12Feb 9Feb 8Feb 7HighLowComposite”300″5045.315049.875037.935040.525026.505066.753983.34Metals&Minerals5240.855304.885319.735370.395362.735382.203273.56Integrated Mi…

Stanley MacEachern appointed director.

Colorado-based Canyon Resources (NASDAQ) has entered a joint venture with JCI Limited, a South African company, to finance exploration in Ethiopia.JCI can earn 51% in the project by contributing US$4….

Short positions outstanding at January 31, 1996Larger individual positions included: Barrick Gold 7,560,893; Agnico-Eagle 127,743; Arequipa 103,941; Anvil Range 239,500; Bema Gold 1,519,600; Caledonia…

With 1996 shaping up to be another record year for North American stock markets, investors are searching for low-priced issues that have potential for significant capital gains.This trend forms the ba…

Gold Funds as of February 8, 1996BGRCentralNet Value$22.22$7.05Price$18.75$7.000Discount15.63%0.7%Value$173,749,000$126,695,100…

Construction is under way at the Trinidad gold project in Mexico’s Sinaloa state.The mine, a 51-49 joint venture between Eldorado (TSE) and Almaden Resources (VSE), is expected to produce 30,000 oz. g…

Partners Gold Giant Minerals (VSE) and Corner Bay Minerals (VSE) have dropped their option on the Korn Kobb property in southern Arizona.The decision follows the release of a drill program that outlin…

ALUMINUM: MW U.S. market US72.5 cents-74.5 cents per lb. (Feb. 2, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.05-4.30 per lb. (Feb. 2, 1995)…