Noble Peak to explore Barberton belt
Toronto-based Noble Peak Resources (ASE) has raised $2.2 million to explore and develop its gold properties along South Africa’s Barberton greenstone belt.The junior will begin the first phase of expl…
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GREATEST VALUE TRADED, May 15-21
Exchg. Value($000s)HighLowCloseChangeDiamond Flds T298401$42.0038.7539.70-2.15BRE-X Mnrls T197299$241.00215.25234.00+18.60Inco Ltd T190826$46.4544.7045.15-1.25Cartaway Res …
SOUTHEAST ASIA SPECIAL — Nord Pacific drills hit more gold on Tabar Islands
Drilling by Nord Pacific (NASDAQ) is extending oxide gold mineralization at several prospects on its wholly owned Tabar Islands gold project in Papua New Guinea.The Tabar Islands are four in number: S…
SOUTHEAST ASIA SPECIAL — Yamana closes deal with Barrick
Toronto-listed Yamana Resources has closed a financing with Barrick Gold (TSE) that will aid its exploration efforts on the Indonesian island of Kalimantan.The financing effectively converts US$7.2 mi…
PRODUCER PRICES (May 27, 1996)
ALUMINIUM: Composite free market US70.7 cents per lb. (May 21, 1996).ANTIMONY: US$1.95 per lb. (May 21, 1996).BISMUTH: Composite free market US$3.71 per lb. (May 10, 1996).CADMIUM: Composite free mark…
TORONTO STOCK EXCHANGE INDICES (May 27, 1996)
1996 May 21May 20May 17May 16May 15HighLowComposite”300″5238.25N/A5220.505208.345212.955238.253983.34.Metals&Minerals5438.67N/A5466.615480.765529.915635.253273.56.Integrated Mine52…
SOUTHEAST ASIA SPECIAL — Chase projects attract major interest
Long before it was fashionable to explore for minerals in Southeast Asia, Chase Resource (TSE) had amassed an impressive portfolio of properties in the Philippines. In recent years, these projects hav…
SOUTHEAST ASIA SPECIAL — Colony Pacific forms an alliance with Inco
Vancouver-based junior Colony Pacific Explorations (TSE) will form an alliance with Inco (TSE) to explore and develop mineral deposits in Indonesia.The alliance will be restricted to Sumatra, initiall…
SOUTHEAST ASIA SPECIAL — Teck teams with Aussie partner
In Indonesia, six new contracts of work (CoWs) totalling 11,405 sq. km.have been awarded to Teck (TSE) and its Australian partner, Meekatharra Minerals.The companies hold a 90% interest in five of the…
STOCK MARKETS — Juniors take beating as resource markets struggle
Disappointing results deflated the resurgence of Labrador explorers, helping drag down the broader resource market over the report period ended May 21. The Vancouver Stock Exchange resource index lost…
Rupert and Glencairn shed 40% of Crocodile Tears
Partners Rupert Resources (VSE) and Glencairn Explorations (ASE) are vending a 40% interest in their Crocodile Tears property in northern Quebec to First Western Minerals (VSE).First Western can earn …
Caldera earns into Aussie diamond play
A subsidiary of Caldera Resources (ASE) has formed a joint venture with an Australian junior to examine a diamond property in South Australia.Subject to regulatory approval, Caldera Resources NL can e…