CIM conference in Halifax
The annual meeting of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), scheduled for May 14-18 in Halifax, N.S., is expected to draw about 2,500 delegates, guests and exhibitors from …
News
Gold Funds (April 24, 1995)
Gold Funds as of Apr. 18BGRCentralNet Value$17.12$6.74Price$14.63$7.00Discount14.57%Premium3.9%Value$133,841,000$126,695,100…
Rio Narcea boosts reserves at Spanish gold prospect
Drilling has confirmed the strike extension and continuity of high-grade gold mineralization at the Valle-Boinas gold deposit in northern Spain, reports Rio Narcea Gold Mines (TSE).At the Boinas West …
Conversion of Weights and Measures (April 24, 1995)
1 troy ounce = 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 (metri…
Spot prices at a glance (April 24, 1995)
Wednesday, Apr. 19Week’sPrice (US)ChangeGold*$396.95+$7.15Silver*$5.92+$0.58Platinum*$461.25+$11.75Nickel**$3.28-$0.03Lead**$0.27$0.00Copper$1.32-$0.02Zinc$0.48 $0.00…
STOCK MARKETS — Voisey Bay play adds pep to western markets
The nickel-copper-cobalt discovery of Toronto-listed Diamond Fields Resources, along the coast of Labrador, has begun to influence both the Vancouver and Alberta markets as a speculative play.While th…
Commentary — Public holidays and mining
The Chamber and its members have registered strong disapproval of the state’s action to increase the number of national public holidays to 12 days, noting that this will incur significant costs in the…
Pegasus completes offering in takeover bid for Zapopan
In a takeover bid for the outstanding portion of its Australian subsidiary, Pegasus Gold (TSE) has completed a US$100-million offering in convertible subordinated notes.The notes, due in April, 2002, …
Toronto Stock Exchange Indices (April 24, 1995)
— 1995 –Apr 18Apr 17Apr 14Apr 13Apr 12HighLowComposite”300″4299.39 4302.72 N/A4303.28 4296.54 4320.52 3983.34Metals&Minerals4158.76 4192.09 N/A4231.31 4203.55 4337.89 3273.56Int…
Battle Mountain bids for Crown
A merger is in the works between Battle Mountain Gold (NYSE) and Crown Resources (NASDAQ).The deal could result in Crown becoming part of Battle Mountain after an exchange of shares. For every one Cro…
Broadlands joins with Shorewood
Two companies, Broadlands Resources and Shorewood Explorations, have amalgamated under the name of International Broadlands Resources (VSE).The new company has 8.8 million shares outstanding and its p…
Lithos pours first gold brick
Processed material from the Bourlamaque-Nord project of Lithos (ME) near Val d’Or, Que., contained gold, silver and a strong percentage of copper.The company says there is now the possibility of produ…