News

FINANCING (December 25, 1995)

Pan American Silver Corp. — 4,000,000 Common shs and 2,250,000 Common sh purchase wts upon the exercise of 4,000,000 special wts issued at 3,500,000 special wts at $7.00 per wt and 500,000 special wt…


Imperial Metals enters JV to explore in Niger

Imperial Metals (TSE) is teaming up with Japan-based Sumitomo on a new project in Niger, Africa.The companies are forming a joint venture on the 748-sq.-km M’Banga gold concession, west of the capital…


Geological studies shed light on Kidd Creek mine

Studies have enabled Falconbridge to increase reserves at its Kidd Creek copper-zinc mine, north of Timmins, Ont.Moreover, the research has resulted in a new mine model which could lead to additional …


GOLD FUNDS (December 25, 1995)

Gold Funds as of December 14, 1995BGRCentralNet Value$17.53$6.58Price$14.13$6.375Discount19.43%3.1%Value$137,066,000$115,383,038…


Spot prices at a glance (December 25, 1995)

Wednesday, December 20, 1995Week’s Price (US)ChangeGold*$387.10-$1.00Silver*$ 5.12-$0.04Platinum*$405.65-$7.60Nickel**$ 3.66-$0.03Lead**$ 0.32-$0.01Copper{$ 1.30-$0.05Zinc{{$…


Castle Rock shifts its focus

Exploration prospects in Labrador have eclipsed those in Mexico for Castle Rock Explorations (VSE).The company will sell its Mexican interests to an arm’s-length third party and will direct its financ…


METAL PRICES — FREE MARKET (December 25, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Copper2840-2845 2910-29122868-28733000-30052990-2995Lead709-711702-703704.5-705.5725.5-726…


Meetings (December 25, 1995)

MEETINGSJan. 3, Kuma Res. Jan. 4, Starcore Jan. 4, Teuton Jan. 5, AbaddonJan. 5, Mishibishu Jan. 5, Dufresnoy Jan. 8, Banff Jan. 8, Int’l Star Jan. 9, Lago Jan. 9, MinorcaJan. 9, PointerJan. 10, GMD R…


Index (December 25, 1995)

REGULAR DEPTSCareersClassified AdvertisingCommentaryDiamond DrillersDiamond NewsEditorialsMetal PricesOdds `n’ SodsPeopleProfessional DirectoryStock MarketsSubscriber Service…


N.W.T. base metal play heats up for joint venture

A base metal discovery has been made 150 km northwest of Yellowknife, N.W.T.Partners Fortune Minerals (CDN) and GMD Resources (VSE) recently completed airborne and ground surveys, mapping and trenchin…


Companies (December 25, 1995)

INDEXAcadia Min.Amrcna Gld & DdArchon MineralsAtlasAvalonAzco M’gBand-OreBarrick GoldBHP MineralsBooker GoldCambiorCanarcCarlin Res.Castle RockCons Pine ChnlCons. NewgateCons. OasisCons. Shoshoni…


Americana active in Venezuela

Junior Americana Gold & Diamond Holdings (NASDAQ) has identified 10 anomalies on its Fortuna gold concession in the Guyana Shield of Venezuela.Several mineralized shear zones with vein material were a…


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