Employment figures kick-start western markets
Western markets managed to rebound from a 1-day drop triggered by a stronger than expected employment growth south of the border for the report period ended March 12.The Vancouver Stock Exchange resou…
Articles by Northern Miner Staff
Madison, Avenir plan to explore Brazilian properties
A proposed amalgamation between Consolidated Madison Holdings (VSE) and Future Avenir (CDN) will create a new junior exploration company with a focus on Brazil.Shareholders of Future Avenir will recei…
Moneta consolidates at Night Hawk
With both Royal Oak Mines (TSE) and Echo Bay Mines (TSE) bringing properties in the Night Hawk Lake area, east of Timmins, Ont., into production, junior explorer Moneta Porcupine Mines (TSE) has been …
NEWS IN BRIEF (March 18, 1996)
Arbor Resources (AOR:VSE) has changed its name to Klondike Gold (KG:VSE) on a 1-new-for-10-old-share basis.
Producer Prices (March 18, 1996)
ALUMINUM: MW U.S. market US75.5 CENTS-76.5 CENTS per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Metal Prices (March 18, 1996)
.FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDateMarch 12March 11March 8March 7March 6Copper2604-2606.52597-26002606.5-2608.52552-25542566-2568Lead799.5-801.5772.5-…
Resource stocks up in otherwise gloomy market
The Toronto Stock Exchange felt the effects of New York’s bad days last week, but rallied to finish the period ended March 12 with only a fractional loss. The TSE 300 composite index was down 59.72 po…
Attwood acquiring Slovakian properties
The acquisition of a 70% stake in Takama Resources will give Attwood Gold (VSE) an interest in gold properties in Slovakia.In return for the interest, Attwood will pay Takama an aggregate of $600,000 …
Demand adds to its holdings in the Yukon
Additional staking is expanding the ground position of Demand Gold (VSE) in the Wolverine Lake-Kudz Ze Kayah area of southeastern Yukon.The company acquired a 68-claim block covering a broad magnetic …
Swiss gold sought by Isleinvest
As a first step in the expansion of its activities, Isleinvest (ASE) has agreed to acquire the Swiss mining claims and related assets of Societe d’Exploration d’Or Helvetique of Toronto.Subject to the…
Index (March 18, 1996)
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New massive sulphide zone at Balsam
A drill hole has intersected a massive sulphide zone at Saskatchewan’s Balsam project, 60 km southwest of Flin Flon, Man.The project is a joint venture of Troymin Resources (ASE) and Aur Resources (TS…