MOST ACTIVE ISSUES, Nov. 13-19
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Articles by Northern Miner Staff
Gold Funds (November 25, 1996)
Gold Funds as of November 14, 1996BGRCentralNet Value$23.09$6.19Price$18.35…
Minefinders signs for Mexican concessions
Minefinders (MFL-V) has signed a letter of agreement with USMX (USM-T) to acquire 70,000 ha of mineral concessions in northern Mexico’s Sonora state.The Correo gold-copper prospect comprises a former …
Phelps Dodge nixes Peruvian agreement
The Peruvian subsidiary of Phelps Dodge (PD-N) has terminated the conditional assignment agreement on Rio Amarillo Mining’s (RIO-V) Candelaria porphyry copper project in southern Peru.The US$5-million…
Lago, RUX announce merger plans
Junior Lago Resources (LAGO-C) and RUX Resources, a private company owned 63% by William Resources (WLM-T), have agreed to merge.William will hold a 56% stake in the new company, which will have an in…
Spot prices at a glance (November 25, 1996)
Wednesday, November 20, 1996Price (US)Week’s ChangeGold*$378.60- $3.90Silver*$ 4.9…
Toronto Stock Exchange Indices (November 25, 1996)
1996Nov 19Nov 18Nov 15Nov 14Nov 13HighLowComposit…
Tri Origin expands Ontario holdings
Aurora-based Tri Origin Exploration (TOE-T) has added another property to its list of holdings in Ontario.Through staking and an option agreement, the company acquired a 1632-ha property consisting of…
Eaglecrest awaits Bolivian results
Eaglecrest Explorations (EEL-V) is awaiting results from seven diamond drill holes completed on its Trinidad concessions in northeastern Bolivia.The holes follow a 50-metre grid spacing. They are dril…
Geomaque Exploration builds on its Mexican assets
A modest-sized gold mine in Mexico’s Sonora state is churning out profits for Geomaque Explorations (GEO-T) and, at the same time, providing a base for expansion into new ventures.The San Francisco he…
Operations cease at Faro mine
Mining at the Faro properties in the Yukon has been suspended.Anvil Range Mining (ARO-T) cited production problems, low metal prices and a strengthening Canadian dollar as reasons for the closure. It …
Drills turning at Guadalupe
Drilling has resumed at the Guadalupe de los Reyes epithermal gold-silver project in the northern Mexican state of Sinaloa.Northern Crown Mines (COB-V) is carrying out a 20,000-metre program to develo…