Toronto Stock Exchange Indices (September 18, 1995)
— 1995 — Sept 12 Sept 11 Sept 8 Sept 7 Sept 6HighLowComposite”300″ 4613.21 4592.82 4571.50 4567.31 4572.08 4718.27 3983.34Metals & Minerals5171.79 5083.24 4975.89 4939.26 4980.97 5276.12 3273….
Articles by Northern Miner Staff
GOLD FUNDS (September 18, 1995)
Gold Funds as of September 7BGRCentralNet Value$17.89$6.53Price$13.75$6.500Discount23.16%0.5%Value$139,906,000$117,645,450…
GREATEST VALUE TRADED, SEPT. 6-12
Value($000s)HighLowCloseChange Barrick Gold T115995$36 1/83436+1 7/8Placer Dome T105607$37 5/83537 1/2+2 1/4 Inco Ltd T104848$50 3/847 3/450+1 3/8Diamond Flds T81197$9684…
METALS COMMENTARY — Bullish markets are expected as most metal stocks decline
Despite heavy selling in all metals on the London Metal Exchange (LME) in August, steady business was reported by metals consumers, foundries, mills, and steel and stainless manufacturers.Market condi…
CanGold to acquire Kazakh interests
The proposed acquisition of a private company would give Amalgamated CanGold (TSE) an interest in exploration licences comprising 25,000 sq. km in the former Soviet republic of Kazakhstan.The private …
MIM drops Barda Gonzalez project
Bad news for Yamana Resources (TSE).Australian-based MIM Holdings has informed the junior that the Barda Gonzalez red-bed copper property in Neuquen, Argentina, does not meet its cut-off criterion of …
COMMENTARY — The benefits of hedging
Mining companies of all sizes are finding that some of the risks of mining can be reduced through the smart use of hedging. Even companies that historically refused to hedge are now seriously consider…
Gold Funds (September 11, 1995)
Gold Funds as of August 31BGRCentralNet Value$17.88$6.54Price$13.75$6.25Discount23.09%4.4%Value$139,788,000$113,120,625…
Drilling proves Boleo’s potential
Closely spaced infill drilling on the Boleo copper-cobalt property in Baja California Sur, Mexico, is confirming previous grades and thickness for International Curator Resources (TSE).The work is bei…
Niblack returns gold values
Drilling on the Niblack project in southeastern Alaska has intersected a wide zone of mineralization similar to previously released results.Abacus Minerals (VSE), which has an option to acquire the pr…
Cambior issues offer to buy Audrey
An offer to acquire all minority shares of Audrey Resources (TSE) has been filed by Cambior (TSE), which currently owns 75% of Audrey’s outstanding shares.Under the terms of the offer, 10.5 shares of …
Tiomin set to take over Cerro Colorado
Contractual details regarding development of the Cerro Colorado copper project in Panama have been resolved.After extensive negotiations, PanaCobre (a wholly owned subsidiary of Montreal-listed Tiomin…