News


Gold Funds (December 18, 1995)

Gold Funds as of December 7, 1995BGRCentralNet Value$17.66$6.64Price$14.50$6.375Discount17.88%4.0%Value$138,048,000$115,383,038…


Spot prices at a glance (December 18, 1995)

Wednesday, December 13, 1995Week’s Price (US)ChangeGold*$388.10+$0.50Silver*$ 5.16-$0.10Platinum*$413.25-$0.75Nickel**$ 3.69+$0.08Lead**$ 0.33-$0.01Copper$ 1.35 $0.00Zinc$ …


EDITORIAL PAGE — Underground at Carlin

Back in the early 1960s, Newmont Gold made the first gold discovery in the high desert near Elko, Nev. By 1965, the Carlin mill and open-pit mine were operating, and during that year the operation pro…


Insider Trading — Nuinsco insiders opt to cash in

Two insiders with Nuinsco Resources (TSE) sold options or shares of the company during October.According to the Ontario Securities Commission’s OSC Bulletin, Margaret Archibald, a deemed insider, sold…


Peruvian exploration pays off for Arequipa Res.

Arequipa Resources (TSE) has identified several gold prospects along an 80-km-long belt of rocks in northern Peru.Additional mapping, sampling and trenching will attempt to firm up these discoveries, …


Waste disposal concept to undergo scrutiny

A plan to dispose of Canada’s ever-increasing amount of nuclear fuel waste is proceeding to the public hearing stage.In October 1994, Atomic Energy of Canada Ltd. (AECL) submitted an environmental imp…



Correction (December 18, 1995)

David Crombie, a director and senior officer of Inter-Rock Gold (ME), was incorrectly reported as having sold 21,400 shares at 94 cents-$1.04. He in fact bought 21,400 shares at that price.




Canarc drill program in Guyana

Toronto-listed junior Canarc Resource has undertaken an aggressive, 40-hole drill program at the Baramita property in Guyana.The 6,000-metre initiative is designed to test for gold prospects along a 1…


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