FROM SUPPLY PACKER TO PRESIDENT
Colin Benner has been immersed in mining all his life. In fact, he was recruited by his prospector father at such an early age that skin tissue assays might yield fairly strong mineralization. Well –…
News
50 YEARS AGO (May 01, 1992)
VIOLA MACMILLAN HITS A HOMER A proposal by Mrs. George A. MacMillan, secretary of the Ontario Prospectors’ and Developers’ Association, to offer tax exemptions to corporations and individuals contribu…
GOLD FUNDS (April 27, 1992)
BGR Central Net Value $7.54 $5.00 Price $6.00 $4.400 Discount 20.39% 12.0% Value $44,878,000 $74,026,920…
American Ore
Calgary-based American Ore (ASE) will change its name to American Exploration and consolidate its shares on a 5-for-1 basis after shareholders approved the reorganization. The company says it is desig…
Goldmark financing
An agreement to issue 700,000 shares at 15 cents per share has been negotiated by Goldmark Minerals (VSE). Also, the company will issue 700,000 warrants entitling the purchaser to acquire, during a 2-…
Anglo plans new gold mine
A new gold mine will be developed by Anglo American Corp. in South Africa in the Moab area in the Orange Free State. The company said operations are scheduled to be under way in 1997. A 25-year life i…
Zinc conference
The American Zinc Association reported attendance of 470 at its initial International Zinc Conference recently at Palm Springs, Calif. Delegates from 24 nations registered. The zinc association is hea…
FINANCING (April 27, 1992)
Keywest Resources Ltd – 500,000 shs offered @ $1.10 per sh.
NEWS IN BRIEF (April 27, 1992)
Tournigan Mining Exploration Ltd. (TGN:VSE) has changed its name to International Tournigan Corp. (ITG:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Mont…
Yellowjack drills Katie claims
An exploration program by Yellowjack Resources (VSE) is under way to test several previously outlined copper-gold zones on the Katie claims near Salmo, in southern British Columbia. The first hole of …
TORONTO STOCK EXCHANGE INDICES; METAL PRICES
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 21 Apr 20 Apr 17 Apr 16 Apr 15 Copper 1252-1253 NA NA 1262-1263 1247-1248 Lead 3…
Spot prices at a glance (April 27, 1992)
Week’s Price (US) Change Gold* $338.30 – $1.30 Silver* $ 3.99 – $0.11 Platinum* $341.60 – $6.90 Nickel** $ 3.39 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.60 + $0.01 Courtesy of Scotia…