GOLD FUNDS (November 07, 1994)
BGR Central Net Value $18.31 $6.74 Price $14.88 $6.875 Premium 2% Discount 18.76% Value $148,595,000 $124,432,688…
Articles by Northern Miner Staff
Spot prices at a glance (November 07, 1994)
Week’s Price (US) Change Gold* $383.85 – $4.95 Silver* $5.28 – $0.03 Platinum* $418.00 – $2.70 Nickel** $3.39 + $0.13 Lead** $0.30 $0.00 Copper $1.23 + $0.03 Zinc $0.52 + $0.02 Courtesy of Scotiabank….
AJ Perron Gold custom milling
Having completed test milling, AJ Perron Gold (TSE) is milling ore for contracted customers at its new gravity flotation circuit at the Kerr mill in Virginiatown, Ont. The new circuit is fully license…
Silver Standard explores El Gato
El Gato, a silver property in central Mexico, is now controlled by Silver Standard Resources (VSE). The company is acquiring the property in return for spending US$1 million by January, 1999, and meet…
Eldorado snaps up La Colorada
The exercise of a purchase option gives Eldorado (TSE) total ownership of La Colorada, an open-pit heap-leach gold mine in Mexico. The company will pay Campbell Resources (TSE) US$5 million for its 30…
ODDS’N’SODS — The McDonoughs of Haileybury
My father-in-law, Hec McQuarrie, was a shaft-sinking contractor and, starting in Cobalt, Ont., he put down exploration shafts in several of the early gold finds in Ontario and Quebec. Hec’s mining sto…
Buchan to address CIM luncheon
The chief executive officer of Kinross Gold will address the Nov. 17 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Robert Buchan, who also serves as cha…
BOOKS IN REVIEW — Making mining agreements
Mining Exploration Agreements, by Karl J.C. Harries, Q.C. Published by the Centre for Resources Studies, Queen’s University, Kingston, Ont. K7L 3N6. 342 pages. $40 plus GST. This new book will be of i…
Cusac closes Table Mountain
Milling operations at the Table Mountain property in northern British Columbia have been shut down so that additional reserves can be outlined. Owner Cusac Industries (TSE) put the mine back into prod…
Miramar extends mineralized trends
Underground drilling at Miramar Mining’s (TSE) Con mine near Yellowknife, N.W.T., has intersected extensions to two mineralized trends in areas that previously saw little exploration. The 101-102 tren…
Drilling on El Dorado project
In El Salvador, a drill program of 8,000 metres is continuing on the gold project known as El Dorado, with crews focusing on three vein systems: El Dorado, La Coyatera North and Nueva Experanza. The p…
Golden Band drilling in Mexico
Diamond drilling is in progress at the Bramador property, 45 km southeast of Puerto Vallarta, Mexico. The 1,000-metre program is testing the continuity and thickness of a massive sulphide horizon and …