Spot prices at a glance (January 08, 1996)
Wednesday, January 3, 1996Week’s Price (US)ChangeGold*$390.50+$3.15Silver*$ 5.35+$0.19Platinum*$406.00-$1.00Nickel**$ 3.34-$0.32Lead**$ 0.31-$0.02Copper$ 1.25-$0.04Zinc$ 0….
News
PEOPLE — BORON CHEMICALS — Charles Hansard appointed director.
Symposium to highlight global opportunities
The investment climate and mineral projects of Latin America, China and Southeast Asia, Africa and the Commonwealth of Independent States will be featured at a symposium in Toronto on Jan. 25, 1996.Th…
Tandem and NAR pull gold
In Guibord Twp., 17 km east of Matheson, Ont., Tandem Resources (ME) and NAR Resources (ME) have drilled a 4.4-metre intersection containing 8.6 grams gold per tonne (0.25 oz. per ton).Contained in th…
Petro Plus builds new team, eyes gold and diamond projects
Shares of Petro Plus (ASE) have resumed trading, following submissions to the Alberta Stock Exchange by the company’s new management.The company will continue in its oil and gas business, while, at th…
Voisey’s Bay discovery team named `Mining Men of the Year’
Much ado is made of the sophisticated technology that is available to help find mineral deposits. While these techniques are unquestionably valuable, they will never render obsolete “boot-and-hammer” …
Reserves boosted at Palmarito
Great Lakes Minerals (TSE) has increased reserves at the Palmarito silver-gold project in Mexico’s Sinaloa state.A 51-hole program expanded reserves by 45%, to 3.4 million tonnes grading 141 grams sil…
Cambior eyes Cameron Lake
Cambior (TSE) has entered into an option agreement with Nuinsco Resources (TSE) under which the gold producer will earn a 51% interest in the Cameron Lake gold property, 80 km southeast of Kenora, Ont…
Voisey’s it is
It’s Diamond Fields’ project, and it’s Voisey’s Bay.The first printed record of the most famous bay in Labrador was in 1909, when George Voisey referred to it as Voisey’s Bay in an oath transcribed in…
Greater Lenora to decide on Goldfields
Greater Lenora Resources (TSE) will decide in January whether to bring its Goldfields project into production.The company is in discussions with merchant banker Rothschild Denver to arrange debt finan…
Indomin Res. tops up its treasury
An offering of 5 million units at $1.60 each will provide Indomin Resources (VSE) with funds to pursue its interests in Indonesia.The placement was well-received and, including the greenshoe option of…