FINANCING (May 06, 1996)
Genesis Exploration — 3,000,000 shs @ $1.70 per sh.Westmin Resources — 10,300,000 Units, each unit consisting of one Common Sh and one-half of one Common Sh Purchase Wt @ $9.75 per Unit.
Articles by Northern Miner Staff
GREATEST VALUE TRADED (May 06, 1996)
Inco Ltd T166947$46 3/44546+1/2Diamond Flds T159597$42 3/840 1/841 7/8+1 1/2Placer Dome T151717$38 1/237 1/837 7/8-1/4Barrick Gold T125254$41 7/840 3/441 3/4+5/8BRE-X Mnrls…
STOCK MARKETS — Western markets hit record highs
Western markets continued to advance at a breakneck pace over the report period ended April 30 with both the Vancouver Stock Exchange resource and composite indices hitting new 52-week highs.The resou…
American Mineral raises $30 million
Arkansas-based American Mineral Fields (VSE) has raised $30 million to acquire, explore and develop mining properties worldwide.Through a private placement, American issued 4 million special warrants …
Spot prices at a glance (May 06, 1996)
Wednesday, May 1, 1996Week’s Price (US)ChangeGold*$391.00-$0.10Silver*$ 5.33+$0.01Platinum*$400.50-$2.75Nickel**$ 3.56-$0.05Lead**$ 0.370.00Copper $ 1.21+$0.01Zinca$ 0.46-$…
TSE INDICES (May 06, 1996)
1996 Apr. 30 Apr.29 Apr. 26 Apr. 25 Apr. 24HighLowComposite”300″5146.475152.385147.765132.095116.315154.323983.34Metals&Minerals 5493.105542.135526.275476.125461.305552.883273.56Integra…
Queenston, Franco-Nevada acquire Inco ground near Kirkland Lake
A land package exceeding 100 sq. km in area has been assembled by Queenston Mining (TSE) and Franco-Nevada Mining (TSE) in the Kirkland Lake area of northeastern Ontario, and the two companies plan to…
Archon drilling geophysical targets
In the Northwest Territories, Archon Minerals (VSE) has resumed a 6-hole drill program for potential kimberlites.The company, under the direction of President Stewart Blusson, is testing geophysical a…
McLellan sells Canada to international investors
Canadian mining companies hold interests in more than 2,700 properties spanning 99 countries around the world. Anne McLellan, minister of Natural Resources Canada, wants to lure those companies back h…
EDITORIAL PAGE — Cracking down
A few years back, some hot assay results were reported by a junior company exploring a gold project in California. The geologist working on site noted the presence of visible gold in core from the dri…
Conversion of Weights and Measures (April 29, 1996)
1 troy oz. = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metric) ton…
Toronto Stock Exchange Indices (April 29, 1996)
1996 –Apr. 23Apr. 22Apr. 19Apr. 18Apr. 17HighLowComposite “300”5116.945095.505069.575068.655062.905095.503983.34Metals&Minerals5509.135466.625474.115499.485513.285548.643273.56Int…