TSE short positions (September 16, 1996)
Short positions outstanding at August 31, 1996Larger individual positions included: Barrick Gold 9,911,619; Agnico-Eagle 235,653; Asia Pacific 150,425; Anvil Range Mining 526,920; Anderson Expl.335,80…
News
Laverton extends Rawas gold zone in southern Sumatra
Drilling on the Rawas gold project in southern Sumatra, Indonesia, has added about 550 metres of strike potential to the Berenai vein structure.Drilling north of the Berenai open pit, Laverton Gold (L…
KazMinCo doubles resource at Varvarinskoye
Prefeasibility drilling on the Varvarinskoye gold-copper deposit in Kazakhstan continues to return encouraging results for Kazakhstan Minerals (KMC-T), which has almost doubled its resource estimate f…
Barrick financing funds Chesbar’s Venezuelan projects
A financing agreement with Barrick Gold (ABX-T) will enable Chesbar Resources (CBI-T) to explore its gold concessions in Venezuela.Barrick will buy $2 million worth of Chesbar shares at $1.50 per shar…
Pioneer options deposit near Puffy
As part of a strategy to reactivate the Puffy Lake gold mine near Flin Flon, Man., Pioneer Metals (PSM-T) has optioned the nearby Nokomis Lake gold property in hopes of establishing a reserve there mi…
Armada Gold boosts stake in Russian project
The Chita region of southeastern Russia continues to captivate Armada Gold (AAU.A-T).The company has completed a series of transactions that will increase to 85% from 66% its controlling equity in the…
Orion expands Argentine deposit
Holes drilled by Northern Orion Explorations (NNO-T) at its Agua Rica porphyry copper-gold-silver-molybdenum deposit in northwestern Argentina have extended mineralization there.Holes AR-49, 50 and 54…
GREATEST VALUE TRADED, September 4-10
ExchValue($000s)HighLowCloseChangeBarrick GoldT14…
Sutton alleges secret agreement
The ongoing battle for control of Sutton Resources (STT-V) has taken a new direction, with the company accusing its former chairman of making a secret deal to joint-venture its Tanzanian gold property…
COMMENTARY — A penny saved
Americans are demonstrating continual, overwhelming support for the penny.Recently, the future of the coin was discussed at a hearing presided over by Congressman Michael Castle, chairman of the House…
Anvil Range pays off bridge loan
Strong earnings from the Faro mine in the Yukon have enabled new owner Anvil Range (ARO-T) to prepay a US$15-million bridge loan to its major shareholder, Hyundai Canada.Financing for the early repaym…
Toronto Stock Exchange Indices (September 16, 1996)
1996Sept 10Sept 9Sept 6Sept 5Sept 4HighLowComposi…