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Gold Funds (April 03, 1995)

Gold Funds as of Mar. 28 BGR Central Net Value $16.06 $6.55 Price $13.75 $6.50 Discount 14.37% 0.8% Value $125,539,000 $118,526,736…


U.S. Mining Law reform back on agenda

After a fruitless attempt last year, lawmakers are again trying their luck at reforming the U.S. Mining Law of 1872. What has yet to be determined is whether the new political makeup of Congress will …





Toronto Stock Exchange Indices (April 03, 1995)

— 1995 — Mar 28 Mar 27 Mar 24 Mar 23 Mar 22 High Low Composite”300″ 4299.72 4307.93 4317.10 4290.42 4263.18 4317.40 3983.34 Metals&Minerals 4116.09 4108.94 4131.01 4095.87 4049.57 4337.89 3273.56 In…


Financing secured for Fort Knox

Financing has been secured for development of the Fort Knox gold deposit in Alaska. Cyprus Amax Minerals (NYSE) made available to Amax Gold (NYSE) US$80 million in revolving credit. The money is in ad…


Placer Dome, Gold Fields settle Pipeline dispute

Litigation concerning the Pipeline project in Nevada’s Lander Cty. has been resolved, Placer Dome (TSE) reports. The legal dispute began in 1992 when Gold Fields Mining challenged the conduct of Place…


Initial output at Louvicourt

Initial production figures have been released by Aur Resources (TSE) for its Louvicourt polymetallic mine, along with exploration results from the nearby AurBel gold property. At Louvicourt, situated …


New gold zone uncovered at Damoti Lake project

At the Damoti Lake project in the Northwest Territories, exploratory drilling on iron formation structures has identified an area of gold mineralization referred to as the Lard zone. Situated southeas…


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