GOLD FUNDS (August 07, 1995)
Gold Funds as of August 1BGRCentralNet Value$18.05$6.60Price$13.88$6.375Discount23.13%3.4%Value$141,116,000$115,383,038…
Articles by Northern Miner Staff
Gold-hungry Barrick spreads wings
Taking a decidedly aggressive approach to mine-finding, Barrick Gold (TSE) has announced plans to spend US$30 million within several underexplored areas of West Africa and China.In Mali, drilling will…
Geologist shot by Shining Path
After nearly two years of relative peace in Peru, the Sendero Luminoso, or Shining Path, has resumed its terrorist activities in some parts of the country. On July 3, a geologist working for Minera Lo…
LETTERS TO THE EDITOR — Engineers deserve bonus system
I was interested in one of your front-page articles, which appears to encourage cash rewards for exploration successes (“Exploration incentive bonus spurs Troilus discovery team,” T.N.M., July 3/95). …
TSE SHORT POSITIONS (August 07, 1995)
Short positions outstanding at July 15, 1995.Larger individual positions included: Abacan Res. 116,500; Aber Res. 43,700; Agnico-Eagle 172,830; Anderson Expl. 25,900; Archer 74,800; Arimetco 323,400; …
ODDS’N’SODS — A rewarding weekend
In the early 1950s, it was discovered that gold reserves were fast-declining at two of the chief operations in Ontario’s Geraldton camp, namely the Little Long Lac and MacLoed-Cockshott mines. People …
Spot prices at a glance (August 07, 1995)
Wednesday, August 2Week’sPrice (US)ChangeGold*$382.65-$3.15Silver*$5.15 $0.00Platinum*$422.00-$8.50Nickel**$3.91+$0.03Lead**$0.28$0.00Copper $1.35+$0.01Zinca$0.46 $0.00C…
Mansfield explores copper prospects in N.W. Argentina
Preliminary exploration of the Brealito property in northwestern Argentina is outlining a zone of porphyry copper-silver mineralization.Mansfield Resources (VSE) estimates the zone measures 500 by 600…
LABRADOR NEWS ROUNDUP — Canadian States Gas to test anomalies
Eight geophysical anomalies have been identified on a block of claims 80 km northwest of the Voisey Bay discovery.Property owner Canadian States Gas (CDN) reports that field work on the geophysical an…
STOCK MARKETS — Voisey Bay players feed off speculative investors
The speculative Voisey Bay area play in Labrador continues to fuel western markets as investors interpret the early exploration results being released by many of the juniors.Over the report period end…
LABRADOR NEWS ROUNDUP — Columbia Yukon receives listing
Columbia Yukon Resources has won approval to relist its shares on the Alberta Stock Exchange.The company, which recently completed a special warrant private placement financing, started trading on Jul…
STOCK MARKETS — TSE languishes as summer slump settles in
The dog days of summer are upon us, leaving the Toronto Stock Exchange listless and tranquil. The TSE 300 composite closed at 4,586.92 points, down 32.31, for the 5-day report period ended Aug. 1.Sign…