Toronto Stock Exchange Indices (November 27, 1995)
— 1995 — Nov 21Nov 20Nov 17Nov 16Nov 15HighLowComposite”300″4624.704600.754599.644575.714560.494718.273983.34Metals&Minerals5141.114970.074937.974927.034927.745276.123273.56Inte…
Articles by Northern Miner Staff
Breckenridge eyes Chinese project
Junior Breckenridge Resources (VSE) intends to develop the Xiacun zinc-lead-silver project in China’s Szechwan province, near the Tibetan border. To do so, it must complete a bankable feasibility stud…
Greenshield completes survey on Alexis River property
Airborne surveying has been completed on the Alexis River property of Greenshield Resources (CDN), 250 km southeast of Goose Bay, Labrador. The survey shows zones of high magnetic susceptibility that …
Approval still pending for Azco-Phelps Dodge deal
Six months have passed since Azco Mining (AMEX) announced it was selling two copper deposits — one in Arizona, the other in Mexico — and the board of directors is still having difficulty convincing …
Correstions
The Minoro property held by Tombstone Explorations (TSE) and Mar-West Resources (VSE) is situated in Honduras. A recent story on the copper-gold project (T.N.M., Nov. 20/95) did not state the property…
TSE short positions (November 27, 1995)
Short positions outstanding at October 31, 1995Larger individual positions included: Barrick Gold 5,459,772; Agnico-Eagle 195,525; Anderson Expl. 132,100; Bema Gold 1,366,400; BGR Precious Metals 114,…
RTZ inks deal with Ecuadorian
Mining conglomerate RTZ (NYSE) intends to acquire a controlling interest in the Beroen gold property, west of Cuenca, Ecuador.The current owner, Ecuadorian Minerals (TSE), has identified several areas…
Miramar reports higher costs at Con
Production costs have increased at the Con underground gold mine near Yellowknife, N.W.T., reports owner Miramar Mining (TSE).The company earned 29 cents per share, or $14.6 million, for the 9-month p…
DIAMOND NEWS ROUNDUP — TNK reclassifies Botswanan property as diamond resource
Following a review of work completed by DeBeers Cosolidated Mines in the 1970s, Midswana Diamond Exploration has removed the Middlepits property in Botswana from the exploration category and tagged it…
NEWS IN BRIEF (November 27, 1995)
Carissa Mining (CIA:VSE) has changed its name to Rockwell Ventures (RCW:VSE).
Resource outlined at Golden Ridge
Recent drilling has confirmed a resource containing 1 million oz. gold at Pangea Goldfields’ (TSE) Golden Ridge prospect in Tanzania.Results of the 19-hole, 1,200-metre program have also led the compa…
Denison OKs plan of arrangement
The board of directors of Denison Mines (TSE) has approved a plan of arrangement for the company whereby holders of preferred shares will receive 25 new common shares for each preferred share held, an…