GOLD FUNDS (October 07, 1991)
BGR Central Net Value $8.31 $5.02 Price $7.63 $4.400 Discount 8.26% 12.4% Value $49,485,036 $74,026,920…
News
Funding available for uranium review
Funding will be available to help the public participate in a joint federal-provincial review of uranium mine developments in northern Saskatchewan. The governments will grant a total of $350,000 to a…
Spot prices at a glance (October 07, 1991)
Week’s Price (US) Change Gold* $354.40 + $2.00 Silver* $ 4.22 – $0.02 Platinum* $351.25 – $6.25 Nickel** $ 3.44 … Lead** $ 0.24 … Copper $ 1.06 … Zinc $ 0.45 – $0.01 Courtesy of Scotiabank. Info…
Construction set to start this spring at Stronsay project
The British Columbia government recently approved a mine development certificate for the Stronsay project, a zinc-lead deposit about 240 km northwest of Fort St. John. Formerly known as Cirque, the St…
FUTURES PRICES (October 07, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 108.20 107.00 108.00 + 1.50 Nov 106.00 105.70 106.35 + 0.95 Dec 105.10 103.90 105.00 … SILVER (in US cents …
Athabaska drills at Nicholas Lake
With financial backing from Royal Oak Mines (TSE), Vancouver-based Athabaska Gold Resources (TSE) has begun drilling at its 60% owned Nicholas Lake gold project north of Yellowknife, N.W.T. Royal Oak …
Spring, Cove get mixed results
Rumors of a 90-ft. intersection grading over one ounce gold per ton were laid to rest when Granges (TSE) and two junior partners announced the latest results from drilling on the Unuk River property i…
Oil company shareholders like Sherritt Gordon offer
Toronto-based Sherritt Gordon (TSE) has been given the green light by shareholders of Canada Northwest Energy and the Court of Queen’s Bench of Alberta to acquire all of Canada Northwest’s issued shar…
Engineer lauded by nuclear group
The man who designed and implemented a new technique for uranium tailings disposal has been recognized by the Canadian Nuclear Society. Wing Tao, president of PVS Technologies, was named winner of the…
U.S REPORT
Recent drilling by Kennecott returned the best overall grade to date from the Lockwood polymetallic project near Everett, Wa. The major company can earn a 51% interest in the property from owners, Isl…
Battle Mountain executive highlights Lihir gold project
Political problems in Papua New Guinea should have no effect on the development of the Lihir gold project, said Joseph Mazur, Battle Mountain Gold’s (TSE) vice-president of administration and communic…
Eastmaque losses mount
Although the company is operating on a positive cash flow basis, Eastmaque Gold Mines (TSE) continues to report losses. For the three months ended June 30, the company lost $500,000 on revenues of $5….