News

PRODUCER PRICES (October 02, 1995)

ALUMINUM: MW U.S. market US81.5 cents-82.5 cents per lb. (September 15, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.90-4.00 per lb. (Septem…


Quebec prospectors honored at conference

Five awards were handed out at the 21st annual conference of the Quebec Prospectors Association in Val d’Or, Que.The conference was attended by 400 people, with the technical sessions proving particul…




GOLD FUNDS (October 02, 1995)

Gold Funds as of September 21BGRCentralNet Value$17.86$6.64Price$14.63$6.625Discount18.09%0.2%Value$139,602,000$119,907,863…


Bioleaching shows promise for Adex Mining

New metallurgical processes and higher prices for its commodities may improve the economics of the Mt. Pleasant mine in southwestern New Brunswick. The mine produced tungsten, molybdenum and several b…


New zone found at Eagle River

Recent drilling, designed to evaluate showings defined by surface prospecting at the Eagle River property near Wawa, Ont., has identified a potentially significant, new gold zone.River Gold Mines (TSE…


Loan will help Mincor boost Monarch’s yield

A $5-million loan has made it possible for Mincor Resources (ASE) to expand its operations in Mozambique.The money, loaned by a group of European investors, will enable Mincor to expand and upgrade th…


TSE SHORT POSITIONS (October 02, 1995)

Short positions outstanding at September 15, 1995.Larger individual positions included: Barrick Gold 5,706,023; Agnico-Eagle 197,980; Archer Res. 137,600; Anderson Expl. 2,596,600; Beau Canada Expl. 1…


FINANCING (October 02, 1995)

Alpetro — 3,000,000 shs @ 10 cents per sh.Anglo Min. — 1,200,000 shs @ 30 cents per sh.Houston Lake M’g — 2,500,000 shs @ 10 cents per sh.Madrona M’g — 2,000,000 shs @ 15 cents per sh.Mart Res. –…



Spot prices at a glance (October 02, 1995)

Wednesday, September 27, 1995Week’sPrice (US)ChangeGold*$383.20-$1.80Silver*$ 5.46-$0.02Platinum*$420.25-$16.60Nickel**$ 3.86+$0.10Lead**$ 0.27+$0.01Copper $ 1.33+$0.04Zinca…


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