STOCK MARKETS — Mines rebound to outpace market
The gold and base metal issues on the Toronto Stock Exchange finally bounced back after several weeks on the canvas to lead the market. Over the report period Nov. 6-12, the TSE 300 composite index ga…
The gold and base metal issues on the Toronto Stock Exchange finally bounced back after several weeks on the canvas to lead the market. Over the report period Nov. 6-12, the TSE 300 composite index ga…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 11/96 (change from previous week in brackets):Copper109,175(-12,000)Tin9,580(-240)Lead114,975(-1,300)Zinc537,475(-3,55…
I must comment on a recent editorial (“Exporting Expertise” in T.N.M., Oct.21/96) in order to prevent any misunderstandings about the quality of analyses in our FILAB laboratories, which carried out t…
Further analysis of two kimberlite boulders, discovered near the Camsell Lake project in the Northwest Territories, has yielded additional diamonds.Situated 140 miles northeast of Yellowknife, the pro…
Bulk-sampling results are enabling partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) to prove up their Jericho diamond project, north of Lac de Gras in the Northwest Territories.The pr…
Arkansas is finding that one of its parks is living up to its name.Bulk samples from Crater of Diamonds State Park have turned up several diamonds from three trenches recently completed in an effort t…
ExchgVol(000s)CloseInmet MiningT103507.55Placer DomeT…
A development agreement allows Kinross Gold (K-T) to earn a 50% interest in the Vogel property, east of Timmins, Ont., from Black Hawk Mining (BHK-T).Kinross’s agreement with Thunderwood Resources (TH…
1996Nov 12Nov 11Nov 8Nov 7Nov 6HighLowComposite”3…
Gold Funds as of November 7, 1996BGRCentralNet Value$22.70$6.06Price$17.90…
Following the decision in the Ontario Court (General Division) overturning the order to freeze $152 million in Inco (N-T) shares held by Robert Friedland (T.N.M., Nov. 11/96), the U.S. Department of J…
Short positions outstanding at October 31, 1996Larger individual positions included: Barrick Gold 9,702,563, up 345,297; Agnico-Eagle 499,743, down 127,300; AJ Perron Gold 323,400: Adex Mining 192,505…
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