GOLD FUNDS (February 03, 1997)
Gold Funds as of January 23, 1997BGRCentralNet Value$21.39$5.78Price$16.75…
Articles by Northern Miner Staff
AFRICA SPECIAL — NEWS ROUNDUP — Greenhope funds exploration
A private placement has enabled Greenhope Resources (GRH-M) to raise just over $500,000 to fund exploration work in Mozambique.The major participant in the financing was Trillion Resources (TLQ-T), Gr…
AFRICA SPECIAL — NEWS ROUNDUP — Ashanti explores Royalstar prospect
Diamond drilling by Ashanti Goldfields (AHD.U-T) is about to begin on the Nassile property in Niger.The African gold producer can earn up to a 60% interest in the joint-ventured project from Royalstar…
AFRICA SPECIAL — Ashton explores Kenieba project
An exploration program by the African subsidiary of Ashton Mining will test the diamond potential of the Kenieba project in Mali, West Africa.The project is 49% held by Vancouver-based Mink Mineral Re…
Curator plans Boleo financing
Junior International Curator Resources (IC-T) plans to raise $6.6 million in a private placement to fund an ongoing feasibility study of its Boleo copper-cobalt property in Baja California Sur, Mexico…
THE DIAMOND PAGE — Archangel Diamond sizes up Russian pipe
Deliniation drilling is enabling Archangel Diamond (AAD-V) to determine the economic viability of the Verkhotina diamond project in northwestern Russia.To project is a 40-50 joint venture between Arch…
SPOT PRICES AT A GLANCE (February 03, 1997)
Wednesday, January 29, 1997Price (US)Week’s ChangeGold*$350.15+ $0.05Silver*$ 4.92…
AFRICA SPECIAL — EMF plans gold mine in Burkina Faso
Stremco, a 51% owned subsidiary of European Mining Finance (EMFF-C), expects to produce 10,000 oz. gold per year for at least eight years from an advanced project in northeastern Burkina Faso.The comp…
THE DIAMOND PAGE — Ashton intersects kimberlite
Diamond explorers Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) have pulled kimberlitic-textured rocks from the holes drilled northeast of Grande Prairie, Alta.The partners are testi…
PRODUCER PRICES (February 03, 1997)
ALUMINIUM: LME settlements US$1,606 per tonne, alloy $1,525 per tonne (Jan. 28/97).ANTIMONY: Composite free market, US$2,380 per tonne (Jan. 28/97).BISMUTH: Composite free market US$3.20 per lb. (Jan….
TSE INDICES (February 03, 1997)
1997Jan 28Jan 27Jan 24Jan 23Jan 22HighLowComposit…
Partners explore Poposal in Argentina
Reverse-circulation drilling is under way at the Poposa project in Argentina’s San Juan province.Australian-based Western Mining Corp. (WSTM-N), the operator, is earning up to a 60% interest in the pr…