News

The Toronto Stock Exchange jumped off the roller-coaster this past week in favor of the calmer ups and downs of the merry-go-round.Over the report period ending Nov. 4, the TSE 300 composite index was…

Imperial Metals (IPM-T) has completed 8,000 metres of drilling in search of additional mineralization at the Silvertip massive sulphide project in northern British Columbia.The property, formerly know…

BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateNov. 4Nov. 3Oct. 31Oct. 30Oct…

Barrick Gold (ABX-T) has signed an agreement allowing it to explore the deeper potential of Rayrock Yellowknife Resources’ (RAY-T) Dee gold property in Nevada.Barrick will spend at least US$2 million …

Toronto-based Pentland Firth Ventures (PF-T) has raised $1.6 million by issuing 1.5 million flow-through shares to Kinross Gold (K-T).The shares, which are subject to a 1-year holding period, boost Ki…

Consolidated Nu-Media Industries (CSM-V) has changed its name to Pan Asia Mining (PAR-V).

Gold Funds as of October 23, 1997BGRCentralNet Value$17.99$5.88Price$14.50…

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Wednesday, October 29, 1997Price (US)Week’s ChangeGold*$313.70- $9.00Silver*$ 4.79…

1997Oct.28Oct. 27Oct. 24Oct. 23Oct. 22HighLowComp…

Short positions outstanding at October 15, 1997Larger individual positions include: Barrick Gold 10,920,447, up 55,992; Beau Canada Exploration 1,000, down 186,219; Bema Gold 4,695,448, down 60,400; C…

Troymin Resources (TYR-M) has encountered significant values of gold, silver and base metals at its joint-ventured Prospector Mountain property, 240 km northwest of Whitehorse, Y.T.The Calgary-based c…