Hycroft boosts Crofoot silver output
Silver production at the Crofoot/ Lewis heap leach mine in Nevada jumped to 66,379 oz. during the first quarter of 1992. Hycroft Resources & Development (VSE), owner of the mine, notes that the operat…
News
Westaurum to fund Davis-Keays
Westaurum Industries (ASE) says it has secured a notice of private placement for $5 million from German investors to explore and develop the Davis-Keays copper mining properties in northwestern Britis…
Rothschild helps Goldbelt raise funds
In concert with efforts to raise funds for its tailings project in Kazakhstan, Goldbelt Resources (VSE) recently appointed N.M. Rothschild as its financial adviser. Under the terms of the agreement, R…
American Ore
Calgary-based American Ore (ASE) will change its name to American Exploration and consolidate its shares on a 5-for-1 basis after shareholders approved the reorganization. The company says it is desig…
Yukon placer gold miners face new regulations on three
Placer miner Jack Fraser says his roots are firmly planted in the Klondike, the Yukon’s historic placer mining region which is being hit by low gold prices and new environmental regulations. “This’ll …
Spot prices at a glance (April 27, 1992)
Week’s Price (US) Change Gold* $338.30 – $1.30 Silver* $ 3.99 – $0.11 Platinum* $341.60 – $6.90 Nickel** $ 3.39 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.60 + $0.01 Courtesy of Scotia…
TORONTO STOCK EXCHANGE INDICES; METAL PRICES
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 21 Apr 20 Apr 17 Apr 16 Apr 15 Copper 1252-1253 NA NA 1262-1263 1247-1248 Lead 3…
GOLD FUNDS (April 27, 1992)
BGR Central Net Value $7.54 $5.00 Price $6.00 $4.400 Discount 20.39% 12.0% Value $44,878,000 $74,026,920…
Yellowjack drills Katie claims
An exploration program by Yellowjack Resources (VSE) is under way to test several previously outlined copper-gold zones on the Katie claims near Salmo, in southern British Columbia. The first hole of …
Old style preferred
The new stock market format is terrible. The market age with each exchange was always great reading; everything is lost in the new format.
Juniors taking hard look at Guyanese scene
A decision by the Guyanese government to sell nationalized industries back to the private sector in a bid to stimulate economic growth appears to have renewed the interest of Canadian juniors in that …
Dowa to joint venture Tizapa project
Dowa Mining is set to develop its first commercial mining project outside Japan after a $32 million bid for the Tizapa polymetallic project in Mexico was accepted by the Mexican government. A world le…