MOST ACTIVE ISSUES, Nov. 27-Dec. 3
ExchgVol(000s)CloseBre-X MnrlsT2195118.70Barrick GoldT…
Articles by Northern Miner Staff
STOCK MARKETS — Early winter blahs weigh on western markets
The Vancouver Stock Exchange composite index slipped 9.2 points over the report period ended Dec. 3, to close at 1,145.96. The resource index, meanwhile, fell 87.57 points to 2,229.55.Alberta-listed T…
THE DIAMOND PAGE — Diavik diamonds more valuable
The value of diamonds from the A-154 South kimberlite pipe at the Diavik project in the Northwest Territories has increased to US$59.30 from US$56.10 per carat.Ownership of the project, near Lac de Gr…
Spot prices at a glance (December 09, 1996)
Wednesday, December 3, 1996Price (US)Week’s ChangeGold*$370.40 – $3.55Silver*$ 4.8…
Toronto Stock Exchange Indices (December 09, 1996)
1996Dec 3Dec 2Nov 29Nov 28Nov 27HighLowComposite”…
Gold Funds (December 09, 1996)
Gold Funds as of November 28, 1996BGRCentralNet Value$22.28$6.06Price$17.20…
Cathedral drills on Porcher Island
With grid and geophysical surveying completed, Cathedral Gold (CAT-T) has begun diamond drilling at the Porcher Island gold project near Prince Rupert, B.C.To date, nine holes have been drilled for a …
Ghana Goldfields suspends drilling
The government of Ghana has suspended drilling at the Flagbase concession of Ghana Goldfields (GHN-V) pending the issue of permits by the ministry of forestry.The 5,000-metre diamond drill program was…
Bre-X, Barrick still talking as deadline expires
There was still no deal at presstime for the enormous Busang gold project in Kalimantan, Indonesia, but talks continued between Bre-X Minerals (BXM-T) and its blind date, Barrick Gold (ABX-T).Meanwhil…
ANNUAL REPORT REVIEW — McLeod pushes the art of Zen in China
Fresh from negotiating a successful buyout of Arequipa Resources, former president Catherine McLeod-Setlzer has found a new challenge: looking for minerals in China.McLeod-Setlzer was recently appoint…
ANNUAL REPORT REVIEW — Franc-Or drills in French Guiana
Montreal-based Franc-Or Resources (FOR-T) has begun drilling at its St.Pierre property in northwestern French Guiana.The 3,000-metre program is testing the downdip extent of the North Body structural …
Inco settles on site for Voisey’s Bay smelter
Nickel giant Inco (N-T) has announced that a former U.S. naval base in Newfoundland will be the site of a US$1-billion, smelting and refining complex to process concentrates from the massive nickel-co…