GREATEST VALUE TRADED (October 30, 1995)
BRE-X Mnrl A161891$593043+13 3/4Placer Dome T148734$31 5/83030 7/8-3/8Inco Ltd T121693$45 1/840 3/442 7/8-2 1/4Barrick Gold T113729$33 5/831 7/832 3/4-1/4Potash Corp T7596…
News
STOCK MARKETS — Rise of Bre-X stock bodes well for Indonesian project
Referendum jitters made for an unsettled week for western markets over the report period ended Oct. 24.The Vancouver Stock Exchange composite index lost 29.95 points to close at 775.80, while the reso…
STOCK MARKETS — Separatist fears pummel volatile market
The Toronto Stock Exchange was lower this week on fears that the upcoming Quebec referendum might back the separatist cause. The TSE 300 fell a total of 163.41 points in the five trading days ended Oc…
GOLD FUNDS (October 30, 1995)
Gold Funds as of October 19BGRCentralNet Value$17.38$6.51Price$13.38$6.375Discount23.02%2.1%Value$135,846,000$115,383,038…
Curator cuts costs at Boleo
By buying into the underlying owner of the Boleo copper-cobalt project in Baja California Sur, Mexico, International Curator Resources (TSE) has reduced its property costs by $11.6 million.Curator pai…
Derivatives study calls for greater controls, fewer risks
An international survey on the use of derivatives concludes that investment funds are needed to improve risk management.The survey, conducted by Ernst & Young, polled more than 140 investment manageme…
Diamond Fields confirms strike extensions of Voisey
As a result of recent drilling at the Voisey Bay copper-nickel-cobalt project in Labrador, Diamond Fields Resources (TSE) concludes that two other zones of sulphide mineralization exist, one east and …
GOLD FUNDS (October 23, 1995)
Gold Funds as of October 12BGRCentralNet Value$17.37$6.58Price$13.88$6.500Discount20.11%1.2%Value$135,788,000$117,645,450…
NEWS IN BRIEF (October 23, 1995)
La Cleba Minerals (LCE:VSE) has changed its name to Lowell Petroleum (LP:VSE).
Shareholders approve Royal Oak acquisitions
Shareholders of Geddes Resources (TSE), El Condor Resources (VSE) and St. Philips Resources (VSE) separately approved a previously announced plan of arrangement which will result in Royal Oak Mines’ (…
Atlas poised to restart Nevada’s Gold Bar mine
Using its equity interest in Granges (TSE), New York-listed Atlas is securing financing to resume mining at its Gold Bar mine in central Nevada.Atlas will receive US$11 million from two Canadian secur…
COMMENTARY — Rhetoric over reason
Recent criticism of the mining industry expressed by Interior Secretary Bruce Babbitt shows that “he continues to rely on rhetoric over reason, and places politics over policy in his quest to drive th…