Gold Funds (June 19, 1995)
Gold Funds as of June 13BGRCentralNet Value$17.54$6.74Price$14.13$7.00Discount19.49%Premium3.9%Value$137,163,000$126,695,100…
News
STOCK MARKETS — Western markets backtrack as Voisey Bay play evolves
Western markets finished the week ended June 13 somewhat mixed amid continued investor interest in Labrador’s Voisey Bay nickel-copper-cobalt area play.The Vancouver Stock Exchange resource index gain…
Santa Elina teams with TVX
New York-based Santa Elina Gold (TSE) has entered into an agreement with a subsidiary of TVX Gold (TSE) to explore the Lavrinha gold property in Brazil’s Matto Grosso state.Mineracao Santa Elina, a su…
Uranerz drilling Nevada ground
A 3,000-ft. program of reverse-circulation drilling is under way on the Slaven Canyon South property in Nevada’s Crescent Valley.Takla Star Resources (ASE) is earning a 26.8% interest from Uranerz USA…
Greenland attracts companies seeking Voisey Bay targets
The staking rush triggered by the discovery of the Voisey Bay nickel-copper-cobalt deposit in Labrador has spread further afield. In the North Atlantic, Canadian companies are acquiring licences on th…
Nova Scotia judge stays Westray charges
A Nova Scotia judge has stayed manslaughter charges against two former managers of the Westray coal mine where an explosion killed 26 men on May 9, 1992.The judge’s decision ended the prosecution of R…
Index (June 19, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
Sudbury conference sheds light on acid mine drainage
The federal government will release an official policy paper to show that it is committed to the goal of “sustainable development” with respect to mining.The announcement was made by Brent St. Denis, …
Global Pacific pursues Chinese copper connection
A joint venture with a Chinese mining company provides Global Pacific Minerals (VSE) with a 51% interest in an advanced-staged copper-gold-silver project in Anhui province.Global is among the first fo…
Hecla to explore La Fortuna in Mexican joint venture
Hecla Mining (NYSE) has formed a joint venture with War Eagle Mining (VSE) on the Mexican silver-gold project known as La Fortuna.Hecla can earn a 60% interest by spending US$5 million over the next f…
Battle Mountain hunts for Idaho gold
Battle Mountain Gold (NYSE) is exploring for the yellow metal on its Morning Glory project in east-central Idaho.The major can earn a 60% interest in the property from Formation Capital (VSE) by spend…
Metals Commentary — Physical metal markets flex muscles
Member nations of the Organization for Economic Co-operation and Development are wallowing in a mixture of high interest rates and artificially low inflation, deficits and unemployment. All the while,…