Yamana Res. strikes gold at Argentine play
Drilling at the Martinetas property in southeastern Argentina has yielded significant epithermal gold mineralization for Yamana Resources (YRI-T).Two of six targets were tested, and assays for the fir…
News
Queenston pulls gold at McBean
Two more drill holes at the McBean property east of Kirkland Lake, Ont., have intersected gold mineralization below the property’s old open pit.The drill program, being operated by Queenston Mining (Q…
Armed conflict ends at Vista’s Bolivian mines
A group of armed miners has returned the Amayapampa and Capa Circa gold mines in Bolivia to owner Vista Gold (VGZ-T).The Bolivian government recently signed an agreement with the miners, ending a conf…
Echo Bay snaps up Kilgore remains
Echo Bay Mines (ECO-T) will acquire from Placer Dome (PDG-T) the remaining interest in the Kilgore gold project that it does not already own. Situated in southern Idaho, the project is already owned 5…
Sonoma drill-tests Argentine copper-gold project
A 10-hole program of diamond drilling is enabling Sonoma Resource (SNA-V) to test the Cerro Toro project in Argentina.Believing a copper-gold porphyry system exists at depth, the junior is focusing it…
LETTER TO THE EDITOR — Researcher seeks answers regarding gold-supported buck
The research for my proposal “A Gold-Backed North American Dollar’ has now reached the point where outside help is required.With this proposal, I am working to improve the idea that the government can…
MOST ACTIVE ISSUES, 1996
ExchgVol(000s)HighLowCloseChangeBlack Swan GdT321…
GOLD FUNDS (January 06, 1997)
Gold Funds as of December 27, 1996BGRCentralNet Value$22.06$6.17Price$17.00…
LME WAREHOUSE (January 06, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.23/96 (change from previous week in brackets):Aluminium945,800(+2,175)Copper121,400(+6,025)Lead118,625(-4,000)Nickel49,5…
Cominco exec freed in Peru
An employee of Cominco was among three Canadians held hostage, but subsequently released, by Peruvian rebels at the Japanese ambassador’s residence in Lima in late December.Kieran Metcalfe, 43, manger…
TORONTO STOCK EXCHANGE INDICES (January 06, 1997)
1996Dec 27Dec 26Dec 25Dec 24Dec 23HighLowComposit…
STOCK MARKETS — Resources lag as TSE shows recovery
Led by the real estate and communication subgroups, the Toronto Stock Exchange recovered strongly during the trading period Dec. 20-27. The TSE 300 composite index rose 192.41 points to close at 5,902…