PEOPLE — BYG NATURAL RES. (May 06, 1996)
Michael Ross appointed director.
Articles by Northern Miner Staff
NEWS IN BRIEF (May 06, 1996)
Consolidated Manus (CMI: VSE) has changed its name to Westmount Resources (WTM:VSE) on a 1-new-for-5-old-share basis.
COMMENTARY — PDAC program teaches schoolchildren the basics of mining
Patricia Dillon is a senior geologist at Teck Exploration and chairman of the Education Committee of the Prospectors & Developers Association of Canada (PDAC). She has written the following article at…
Canada to help fund democratic initiatives in African nations
Canada will contribute $2.2 million to a fund established to support democratic development in Africa.The Democratic Development Fund, which is designed to provide election support, will be disbursed …
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.
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…