Knuckey to speak at joint meeting
The president and chief executive officer of Noranda Mining & Exploration will discuss his company’s projects at a joint meeting, on March 13, of the Canadian Institute of Mining, Metallurgy & Petrole…
Articles by Northern Miner Staff
Financing (February 19, 1996)
Campbell Resources — 18,000,000 Units each consisting of one Common Sh and one-half of Common Sh Purchase Wt @US$1.25 per Unit.Loki Gold — 11,200,000 Common Shs to be issued upon the exercise of 11,…
GSC focuses on kimberlite search
The Geological Survey of Canada is publishing a series of studies on indicator mineral geochemistry and other aspects of geochemical prospecting for diamond-bearing kimberlites.Indicator minerals in g…
Toronto Stock Exchange Indices (February 19, 1996)
1996 Feb 13Feb 12Feb 9Feb 8Feb 7HighLowComposite”300″5045.315049.875037.935040.525026.505066.753983.34Metals&Minerals5240.855304.885319.735370.395362.735382.203273.56Integrated Mi…
Canyon gains partner in Ethiopia
Colorado-based Canyon Resources (NASDAQ) has entered a joint venture with JCI Limited, a South African company, to finance exploration in Ethiopia.JCI can earn 51% in the project by contributing US$4….
TSE Short Positions (February 19, 1996)
Short positions outstanding at January 31, 1996Larger individual positions included: Barrick Gold 7,560,893; Agnico-Eagle 127,743; Arequipa 103,941; Anvil Range 239,500; Bema Gold 1,519,600; Caledonia…
Gold Funds (February 19, 1996)
Gold Funds as of February 8, 1996BGRCentralNet Value$22.22$7.05Price$18.75$7.000Discount15.63%0.7%Value$173,749,000$126,695,100…
Juniors drop Korn Kobb property
Partners Gold Giant Minerals (VSE) and Corner Bay Minerals (VSE) have dropped their option on the Korn Kobb property in southern Arizona.The decision follows the release of a drill program that outlin…
Inco options Fly Lake property
Inco (TSE) can earn a 60% interest in Breakwater Resources’ (TSE) Fly Lake base metal property, east of Red Lake, Ont.To do so, the senior must spend $1.25 million on exploration and pay $125,000 over…
STOCK MARKETS — Gold stocks lose lustre as western markets sag
Gold reversed its direction over the report period ended Feb. 13, taking a bit of the shine off of western markets as it settled in at US$403 per oz. The Vancouver Stock Exchange resource index fell 9…
Int’l Pursuit spins off Indonesian properties
Toronto-based International Pursuit (TSE) and its Indonesian partner will develop properties held by the latter in Kalimantan, Sumatra and Java.A proposed agreement calls for at least eight projects t…
Companies (February 19, 1996)
INDEXAlmaden Res.Argosy MiningAthabaska GoldBarrick GoldBlack Hawk M’gBoron ChemicalsBreakwater Res.Cabo Expl. VtrsCabo VenturesCactus WestCanyon Res.Clear Creek M’gCorner Bay Min.Cornuco…