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GOLD FUNDS (July 03, 1995)

Gold Funds as of June 27BGRCentralNet Value $18.21$6.84Price $14.75$7.00Discount19.02%Premium2.3%Value$142,407,000$126,695,100…


Silver Standard to explore Bolivian silver property

COMIBOL, Bolivia’s state-owned mining company, has approved an application from Silver Standard Resources (VSE) for a joint venture on the Asiento silver property in southwestern Bolivia.Silver Standa…


Princess buys stake in Kazakh deposit

Vancouver-listed Princess Resources will pay US$70 million for all the shares of Consolidated Mines of Kazakhstan, which holds a 22.5% indirect interest in the Vasilkovskoye gold property in northern …



PRODUCER PRICES (July 03, 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)….


Financing raised for United Reef

South African-based Trans Hex Group has purchased a $4- million convertible debenture issued by United Reef (TSE).The debenture is convertible, either in whole or in part at the option of Trans Hex, i…


Resource is boosted at Elsa properties

United Keno Hill Mines (TSE) has calculated preliminary resource estimates for three past-producing silver mines within its Elsa properties in the Yukon.Measured, indicated and inferred resources at t…


Abo explores property in Argentina

Junior Abo Resource (VSE) has released encouraging assay results for its Salado property in Argentina.The company believes the first six drill holes represent a new discovery in the Uspallata copper-g…


American Bullion expands Red Chris copper project

Initial drill results are expanding the size of the Red Chris project in northwestern British Columbia.American Bullion Minerals (VSE), which holds an 80% interest, hopes to boost the open-pit, minabl…


Preliminary result bullish for Bibiani

According to consultants completing a feasibility study, the Bibiani project in Ghana could yield more than 300,000 oz. gold in the first year of operation.International Gold Resources (TSE) was also …


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