GOLD FUNDS (July 10, 1995)
Gold Funds as of July 4BGRCentralNet Value$18.14$6.73Price$14.50$6.75Discount20.08%Premium0.3%Value$141,860,000$122,170,275…
News
LABRADOR NEWS ROUNDUP — Castle Rock busy in Goose Bay
Surface prospecting and mapping are under way on ground held by Castle Rock Exploration (VSE) 150 km northwest of Goose Bay, Labrador.The company has identified and sampled several new mineralized gos…
Easton says option not good enough
An option agreement whereby Easton Minerals (VSE) was to acquire a 51% interest in the Goodenough gold mine in Zimbabwe has been terminated.Easton stated it was not sufficiently encouraged during the …
Spot prices at a glance (July 10, 1995)
Wednesday, July 5Week’sPrice (US)ChangeGold*$384.60-$4.70Silver*$5.07-$0.26Platinum*$434.00-$8.00Nickel**$3.91+$0.20Lead**$0.28$0.00Copper$1.40+$0.02Zinc$0.46$0.00Courtes…
Syndicate prepares to `beep’ Quebec
A mining syndicate formed by three companies — GeoNova Explorations (VSE), Freewest Resources (TSE) and Quebec Crown corporation Societe quebecoise d’exploration miniere (Soquem) — will conduct a pr…
PRODUCER PRICES (July 10, 1995)
ALUMINUM: MW U.S. market US83.75-84.75 cents per lb. (June 16, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995)….
Index (July 10, 1995)
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METAL PRICES — FREE MARKET (July 10, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 4 July 3June 30 June 29 June 28Copper3090-3091 3090-30953076-30813035-30373022-3027Lead 623-624 620-621 619-620 611-612 6…
Leadville sells sulphide ores to Asarco
Leadville Mining & Milling (NASDAQ) will sell to Asarco (NYSE) sulphide ores produced from its Hopemore mine in Colorado.The polymetallic ores will be shipped to Asarco’s nearby Black Cloud mill at th…
INSIDER TRAIDING — Cons. Ramrod execs acquire shares
Three directors and senior officers of Consolidated Ramrod Gold acquired shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Robert Hunziker, senior officer, exercised optio…
Mining executive criticizes Venezuela’s gold sales policy
Venezuela’s mining law was publicly criticized in both Spanish and English by Raymundo Chico, president of Denver-based Amada Mineral Corp., during a recent trade symposium in Denver, Colo.Chico, an A…
GREATEST VALUE TRADED, JUNE 28-JULY 4
Value Exchange ($000s)HighLowCloseChange Barrick Gold T45316$35 1/234 1/235 – 1/2Inco Ltd T41017$39 1/237 3/439 3/8+1 1/8Placer Dome T39993$36 3/435 1/235 7/8-1Diamond Flds T…