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Gold Funds (January 08, 1996)

Gold Funds as of December 28, 1995BGRCentralNet Value$17.59$6.54Price$13.63$6.000Discount22.53%8.3%Value$137,504,000$108,595,800…



Goldstake options property in Java

An Indonesian company has dealt Goldstake Explorations (TSE) an option to earn an 80% interest in two gold-silver properties on the island of Java.The properties, 120 km southeast of Jakarta, were sub…



Metal Prices — FREE MARKET (January 08, 1996)

London Metal ExchangeSpot closing prices in $US per tonneDateJan. 2 Jan. 1Dec. 29 Dec. 28 Dec. 27Copper2805-2810N/A2795-27972890-28952844-2846Lead696-697N/A714-715711-712719.5-720.5Z…


Gold Reserve increases resource

New calculations by Gold Reserve (TSE) have increased the estimated gold resource at the Brisas concession in the Kilometre 88 region of southern Venezuela.The estimate jumped to 4.1 million from 3.6 …


Freewest deals options on New Brunswick plays

Freewest Resources (TSE) has closed its office in Bathurst, N.B., but exploration on at least three of its holdings in that province will continue in other hands.Inmet Mining (TSE) is earning a 60% in…



Homestake buys stake in producer

Homestake Mining (NYSE) will acquire a piece of Orion Resources from Ranger Minerals.The U.S.-based mining giant will buy 5.5 million shares in the Perth-based producer for US$10.4 million and acquire…



Cartaway, Peruvian drill-test property

Drilling is under way on the Peruvian “B” property, 200 km northwest of Goose Bay, Labrador.Cartaway Container (ASE) is funding the program under an option that enables it to earn a half interest from…


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