Gold Funds (August 30, 1993)
BGR Central Net Value $13.97 $6.18 Price $12.50 $6.500 Discount 10.54% 5.2% Value $78,268,000 $117,645,450…
Articles by Northern Miner Staff
Spot prices at a glance (August 30, 1993)
Week’s Price (US) Change Gold* $371.75 – $1.10 Silver* $ 4.75 + $0.06 Platinum* $386.90 – $1.10 Nickel** $ 2.09 + $0.01 Lead** $ 0.17 $0.00 Copper $ 0.90 + $0.03 Zinc $ 0.40 + $0.01 Courtesy of Scotia…
METAL PRICES — FREE MARKET (August 30, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 24 Aug. 23 Aug. 20 Aug. 19 Aug. 18 Copper 1988-1989 1946-1947 1968-1969 1930-1932 1928-1930 Lead 387-388 384-386 390-391 387-388 38…
THE DIAMOND PAGE — LETTERS TO THE EDITOR — Premature
Editor’s Note: The Sarnoff controversy (see Aug. 2 issue) and our ensuing editorial have generated a healthy flow of letters to the editor; so many, in fact, that we’ve decided to run the overflow in …
Toronto Stock Exchange Indices (August 30, 1993)
— Week — Aug 24 Aug 23 Aug 20 Aug 19 Aug 18 High Low Composite”300″ 4112.24 4091.76 4077.18 4069.59 4069.31 4118.12 4046.43 Metals&Minerals 3130.64 3121.57 3120.60 3119.92 3120.23 3132.66 3104.54 In…
NEWS IN BRIEF (August 30, 1993)
New Lintex Minerals (NLN:VSE) and Willow Creek Coal have amalgamated to form Globaltex Industries (GTZ:VSE) with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Mont…
New Island, Goldbar in Newfoundland bet
Drilling is to begin shortly on the Glover Island gold property in central Newfoundland. The 9,800-13,100-ft. program will primarily test the Lunch Pond South Extension zone where a hole drilled late …
Eldorado starts La Colorada program
A program aimed at expanding reserves and finding new deposits has begun on Mexico’s La Colorada project. Operator Eldorado (VSE) is earning a 70% interest in the 13-sq.-mile property from Campbell Re…
Feasibility study for McDonald project
A final feasibility study will examine the McDonald gold deposit near Lincoln, Mont. Canyon Resources (NASDAQ) has a 27.75% interest in the joint venture, which is operated by senior partner and major…
Amax continues work on Coral Gold claims
A unit of Amax Gold (NYSE) will carry out a third phase of exploration on the Robertson gold project in Nevada’s Crescent Valley. Amax has one more year to explore the property and complete a bankable…
Trio drilling Carlin claims
Several deep structures will be tested in the first phase of drilling on Trio Gold’s (ASE) Rodeo Creek property on the northern portion of the Carlin Trend in Nevada. The initial holes will be drilled…
India lures exploration firms
Over the past few years, India has undertaken some radical economic changes to liberalize its economy so as to make it more market-responsive. These changes were initiated in the central government’s …