TORONTO STOCK EXCHANGE INDICES (April 15, 1996)
=1996= April 9 April 8 April 5 April 4 April 3 High LowComposite 300″ 5007.29 5004.02 N/A 5016.35 5021.47 5066.79 3983.34Mtals & MinrlS 5341.88 5279.07 N/A 5288.70 5282.31 5463.82 3273.56Integrated…
Articles by Northern Miner Staff
Applications are complete for the McDonald project
Phelps Dodge (NYSE) and Canyon Resources (NASDAQ) have completed permit applications for the McDonald gold project near Lincoln, Mont.Permits could be issued by mid-to-late 1997, once an environmental…
ECU acquires ground from William
ECU Gold Mining (ME) will acquire nine mining properties from William Resources (TSE) in exchange for 6 million ECU shares.The agreement requires ECU to invest $6 million in exploration, development a…
Virginia Gold Mines an exploration pioneer in northern Quebec
The Quebec government is encouraging mining companies to explore outside of the province’s traditional mining camps. Two associated juniors, Virginia Gold Mines (ME) and Explorations Diabior (ME), hav…
Continental Pacific on Run in N.W.T.
Drilling is set to begin on the Run property near Coronation Gulf in the Northwest Territories.Continental Pacific Resources (TSE) will follow up last year’s program on the Qaruik horizon, which retur…
Nebex to acquire Albanian deposits
In Albania, Nebex Resources (ASE) will acquire 11 copper deposits within the 400-sq.-km Mirdita concession held by state-owned Albanian Copper. The volcanogenic massive sulphide deposits, including fo…
Fairfield looks for new partner
The decision by Fairfield Minerals (TSE) President John Stollery to retire has prompted the company to consider a merger or joint venture with another company or companies.Stollery cited health proble…
OBITUARY — Ivan Christopher
Ivan Christopher, a pioneer in the field of geophysics and exploration in Canada, has died. He was 80.Mr. Christopher graduated in 1938 from the University of Saskatchewan as a mining engineer and geo…
THE DIAMOND PAGE — Four rigs turning on AK property
A 100-tonne mini-bulk sample is being extracted from the 5034 kimberlite pipe at the AK property in the Northwest Territories.A joint venture, the AK is held 50% by Mountain Province Mining (VSE), 40%…
Laguna to list on Toronto Exchange
Laguna Gold, an 80%-owned subsidiary of Mallon Resources (NASDAQ), is gaining some independence as it proceeds with plans to gain a listing on the Toronto Stock Exchange.Laguna hopes to list its share…
Scorpion joins with Dundee-Palliser in Indonesia
Newly listed Scorpion Minerals (TSE), which recently merged with Dundee-Palliser Resources (TSE), will spend $6.9 million exploring five properties in Indonesia.The funds derive from proceeds generate…
Normandy extends offer to include Newcrest Mining in merger plans
After spoiled attempts at a 4-way merger, Australian gold-producer Normandy Mining has extended an offer to include Newcrest Mining in its plans for a merger.Earlier in the year, Normandy attempted to…