Producer Prices (March 11, 1996)
ALUMINUM: MW U.S. market US75.5 cents-76.5 cents per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
News
Toronto Stock Exchange (March 11, 1996)
Mar 5Mar 4Mar 1Feb 29Feb 28HighLow 1996Composite 300″4995.944979.864956.554933.724947.235066.793983.34Mts&Minerals5286.385268.725171.995146.355121.735382.203273.56Integrat…
Hoyle Township properties showing further promise
Both Pentland Firth Ventures (TSE) and Black Hawk Mining (TSE) report encouraging results on properties in Hoyle Twp., Ont., just east of Timmins.Pentland is expanding the resource at its former-produ…
THE DIAMOND PAGE — Mapping completed at Orange River
Montreal-listed Menora Resources has confirmed the existence of potentially diamond-bearing gravels at its Orange River Block 14 concession in Namibia.Reconnaissance mapping determined that the gravel…
EDITORIAL PAGE — Lining up at the trough
Something has gone wrong with the government process currently reviewing a proposal to mine diamonds in the Northwest Territories.The review and public hearings are supposed to focus on the environmen…
THE DIAMOND PAGE — Diamonds produced at Mazaruni
Partners Mazaruni Minerals (ASE) and Exall Resources (TSE) have started producing diamonds on the Mazaruni placer diamond operation on Guyana’s Mazaruni River.A dredge is taking bulk samples in three …
THE DIAMOND PAGE — Earnings, dividends rise for De Beers
South African diamond mining group De Beers increased its earnings and dividends in 1995.De Beers Consolidated Mines and De Beers Centenary recorded a combined 11% increase in attributable earnings fo…
Spotprices at a glance
Spot prices at a glanceWednesday, March 6, 1996Price (US)Week’s ChangeGold*$393.60-$4.10Silver*$ 5.36-$0.10Platinum*$406.35-$1.65Nickel**$ 3.45-$0.14Lead**$ 0.34-$0.01Copper $ 1…
Index (March 11, 1996)
Aber ResourcesAdrian Res.Altai Res.Archangel DmndArchon Min.Arequipa Res.Armada GoldAshanti GldfldsAthabaska GldAtlasAtna Res.Auckland Expl.Bakyrchik GoldBarrick GoldBarrick Res.Battle Mtn GoldBlack H…
Financing (March 11, 1996)
Cambior — 8,000,000 shs @ $20.875 per sh.Golden Star Resources — 1,750,000 Units consisting of one Common Sh and one-half of one Common sh Purchase Wt @ $10.50 per Unit.Corriente Resources — 761,40…
Yukon Gold raises funds to explore land package in Yukon Territory
Junior Yukon Gold (VSE) has arranged a brokered private placement of 1.5 million special warrants at a price of $2 each.The special warrants will be exercisable into one common share and half a non-tr…
Royal Gold, High Desert form Crescent Valley JV
Another joint venture in the Crescent Valley of central Nevada is getting ready to explore for gold. Royal Gold (NASDAQ) and High Desert Mineral Resources (VSE) have formed a company, Royal High Deser…