TORONTO STOCK EXCHANGE INDICES (May 13, 1996)
1996 May 7May 6May 3May 2May 1HighLowComposite”300″5167.075140.145124.525117.195151.135167.073983.34Metals&Minerals5572.605571.325516.325471.975496.455575.893273.56Integrated Min…
Articles by Northern Miner Staff
Spot prices at a glance (May 13, 1996)
Wednesday, May 8, 1996Week’s Price (US)ChangeGold*$393.65+$2.65Silver*$ 5.48+$0.15Platinum*$406.25+$5.75Nickel**$ 3.81+$0.25Lead**$ 0.39+0.02Copper$ 1.29+$0.08Zinc$ 0.48+$0…
Cathedral picks up Honduran ground
The gold-silver potential of the Lady property in south-central Honduras has attracted the attention of Cathedral Gold (TSE).The company acquired the property, subject to a 3% net smelter return royal…
St. Genevieve in Mozambique
Already exploring for gold in two African countries, St. Genevieve Resources (TSE) has added Mozambique to its land holdings on that continent.The Montreal-based explorer has entered into a joint-vent…
Index (May 13, 1996)
REGULAR DEPARTMENTSCareersClassified AdvertisingDiamond PageDrillersEditorialsFacts & FiguresLetter to the EditorMetal PricesOdds `n’ SodsProfessional DirectoryStock MarketsSubscriber ServiceThe North…
VenCan finds gold at Cline-Edwards property
A first phase of drilling is complete at the Plowman property of VenCan Gold (ME). Situated 50 km northeast of Wawa, Ont., the property lies between the former-producing Cline and Edwards gold mines.T…
Earnings edge lower for Hemlo Gold
Higher spending on international projects resulted in a $1-million decline in first-quarter earnings for Hemlo Gold Mines’ (TSE).The gold miner earned $12.6 million (13 cents per share) for the quarte…
Companies (May 13, 1996)
INDEXAgnico-EagleAlberta EnergyAmercn BullionAsarcoAshtn Mg of CdaAtna ResourcesAvalon VenturesBand-Ore Res.Battle Mtn GoldBirim GoldfldsBroakwater DvlpCanmine Res.Cathedral GoldChampion BearClaimstak…
Lower earnings for Asarco in quarter
As a result of lower copper, molybdenum and zinc prices, New York-listed Asarco has reported lower earnings for the first quarter of 1996.The company earned US$35.7 million (or US84 cents per share) d…
Claimstaker teams up with Petro Plus MOST ACTIVE ISSUES, May 1-7
With a new joint-venture partner now in place, Claimstaker Resources (VSE) can proceed with further exploration and development work at the Blackdome gold mine property near Clinton, B.C.An agreement-…
Gold projects of Dryden lure investors
Two exploration plays in the Dryden area of northwestern Ontario have brought Champion Bear Resources (ASE) and Continental Caretech (CDN) into the market spotlight over the past two months.Champion B…
GOLD FUNDS (May 13, 1996)
Gold Funds as of May 2, 1996BGRCentralNet Value$25.39$6.70Price$19.65$6.700Discount22.60%0.0%Value$198,484,000$121,265,310…