Articles by Northern Miner Staff

Spot prices at a glance (March 04, 1996)

Wednesday, February 28, 1996Price (US)Week’s ChangeGold* $397.70-$0.80Silver*$ 5.46-$0.09Platinum*$408.00-$9.50Nickel**$ 3.59-$0.14Lead**$ 0.35-$0.01Copper $ 1.15+$0.02Zinca$…


STOCK MARKETS — VSE composite index breaks record

Fueled by the resource sector, the Vancouver Stock Exchange composite index broke through the 1,000-point barrier for the first time since June, 1994.The composite index closed the report period ended…


Toronto stock exchange indices

Feb 27Feb 26Feb 23Feb 22Feb 21High LowComposite “300”4954.274957.124962.894980.874961.135001.184932.03Metals & Mnrls5169.015160.245141.775159.785164.665001.184932.03Integrated Mns…


Gold funds (March 04, 1996)

Gold Funds as of Feb 22 BGRCentralNet Value$22.67$6.96Price $18.25$7.125Discount19.49%Premium 2.4%Value$177,237,000$128,957,513…


North Coast drilling porphyry targets

Spring drilling is planned for the three properties owned by Consolidated North Coast Industries (VSE) in the Kemess area of north-central British Columbia.The company acquired the properties by staki…


Northern Miner

Working in the Kyle Lake diamond property in northeastern Ontario, partners KWG Resources (TSE) and Spider Resources (ASE) have started their new exploration program with a bang.Numerous nodules of ec…


Producer prices (March 04, 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…


Exall and Mazaruni test alluvial project

Exploration has resumed at the Mazaruni River alluvial gold and diamond project in Guyana.The prospect is held equally by Exall Resources (TSE) and Mazaruni Minerals (ASE), which are planning to compl…



Cominco to sell interest in Snip mine

International Skyline Gold (TSE) has reached a tentative agreement to acquire Cominco’s (TSE) 60% interest in the Snip underground gold mine in northwestern British Columbia. The purchase price is $55…


Blue Emerald Res. to buy Timmins area claims

Blue Emerald Resources (VSE) will acquire 47 claims in Price Twp., south of Timmins, Ont. The claims are 2 miles southeast of Band-Ore Resources (CDN) Thornloe Twp. property, where a gold discovery wa…


Companies (March 04, 1996)

HomestakeAsia PacificCons North CoastTan RangeRio AlgomSuttonFree Port McMoRanRTZPhelps DodgeNorandaAquiline ResChase ResAzcoCartaway ContPeruvian GoldSilver Ridge ResBarrick GoldAdex MiningAgnico…


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