GOLD FUNDS (April 06, 1992)
BGR Central Net Value $7.81 $5.06 Price $7.38 $4.450 Discount 5.62% 12.1 Value $46,524,000 $74,868,135…
News
No excitement from Joutel drill results
Aur Resources (TSE) vice-president Howard Stockford said he is mildly encouraged by results from six holes completed on the Joutel Resources (TSE) copper property at Joutel, Quebec. With a right to ea…
Musto bids successfully for Argentine project
International mining opportunities are being actively pursued by both juniors and majors these days, but the first to venture into Argentina appears to be Vancouver-based International Musto Explorati…
TORONTO STOCK EXCHANGE INDICES; NEWS IN BRIEF (April 06, 1992)
Berglynn Resources Inc. (BGN:VSE) has changed its name to Arkona Resources Inc. with a consolidation of capital on a 1-new-for-2-old-share basis.
KWG, Soquem in option deal
An option to earn up to a 50% interest in the Louvax property in Louvicourt Twp., Que., has been acquired by Soquem from property owner KWG Resources (ME). Soquem, the Quebec Crown mining exploration …
PRODUCER PRICES (April 06, 1992)
ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Mar. 5, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.80-3.00 per lb. (Mar. 5, 1992). CADMI…
Cusac negotiates Table Mt. purchase
A definitive option and sale agreement was recently signed by Cusac Industries (TSE) which gives the company the right to buy a 100% interest in the Table Mountain gold property near Cassiar, B.C., fr…
Others’ Words (April 06, 1992)
“I’m in the metal business. Other people till the soil and raise food. Other people cut down trees. We dig metals out of the ground and make them useful. We are the people who carry the rest of the wo…
Goldcorp settles legal disputes
Goldcorp (TSE) says it has resolved all of its significant legal disputes, including litigation between itself, Corona Minerals and other parties. In 1989, Corona (now International Corona (TSE)) laun…
FUTURES PRICES (April 06, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 101.70 101.20 101.65 + 0.15 May 101.70 101.10 101.65 + 0.25 Jul 101.15 100.80 101.10 + 0.10 SILVER (in US cen…
Ottawa seeks more details from Curragh
The federal government will not make a decision on Curragh Resources’ (TSE) recent request for a loan guarantee until the Toronto zinc-lead miner provides more justification as to why it needs support…
Manchester drills Santoy property
A 2,500-ft. drill program is under way at the Santoy Lake gold property, six miles east of Claude Resources’ (TSE) Seabee gold mine in northern Saskatchewan. The project, a joint venture between Claud…