Financing (April 29, 1996)
Triton Mining — 3,500,000 Common Shs issuable upon exercise of Special Wts previously isssued @ $5.10 per Special Wt.
News
Spot prices at a glance (April 29, 1996)
Wednesday, April 24, 1996Week’sPrice (US)ChangeGold*$391.10-$0.30Silver*$ 5.32+$0.01Platinum*$403.25+$1.50Nickel**$ 3.61-$0.08Lead**$ 0.370.00Copper $ 1.20+$0.03Zinca$ 0.47…
Toronto Stock Exchange Indices (April 29, 1996)
1996 –Apr. 23Apr. 22Apr. 19Apr. 18Apr. 17HighLowComposite “300”5116.945095.505069.575068.655062.905095.503983.34Metals&Minerals5509.135466.625474.115499.485513.285548.643273.56Int…
Conversion of Weights and Measures (April 29, 1996)
1 troy oz. = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metric) ton…
EDITORIAL PAGE — Cracking down
A few years back, some hot assay results were reported by a junior company exploring a gold project in California. The geologist working on site noted the presence of visible gold in core from the dri…
GOLD FUNDS (April 22, 1996)
Gold Funds as of April 11, 1996BGRCentralNet Value$24.07$6.78Price$19.25$7.125Discount20.03%5.1%Value$188,206,000$128,957,513…
Companies (April 22, 1996)
INDICESREG SECTIONAfriOreAmax GoldAshanti GldfldsAshtn Mg of CdaAteba MinesAtlasAur ResourcesBarrick Res.BHP MineralsBlack Swan GldBotswana DmndfdBre-X MineralsBresea Res.Canada Tungsten…
EDITORIAL PAGE — Sincerity equals credibility
The past year has not been an easy one for the mining industry, at least on the environmental front. Last summer, Cambior and Golden Star Resources reported an effluent spill at their Omai gold mine i…
Canquest to drill its Microgold property
Junior Canquest Resource (VSE) is gearing up to explore prospective ground in British Columbia. In addition to acquiring three precious metals and polymetallic properties, the company has an option to…
Louvicourt, Andacollo to be Aur’s centrepieces
Exploration at the Louvicourt base-metal mine in Quebec and the continued development of the Andacollo copper mine in Chile will command most of Aur Resources’ (TSE) attention in the coming year.Presi…
Northfield plans June drill program in Ecuador
Having signed a contract with an Ecuadorian joint-venture partner, Northfield Minerals (TSE) reports that mapping, sampling and trenching are under way at the Nambija Uno gold concession in the South …
STOCK MARKETS — Chilean find boosts trading on western markets
It has been said that nothing drives the Vancouver Stock Exchange better than hot drill results. And that was the case this week, when Arizona Star Resource reported an impressive, high-grade intersec…