Western markets continued to advance at a breakneck pace over the report period ended April 30 with both the Vancouver Stock Exchange resource and composite indices hitting new 52-week highs.The resou…
Arkansas-based American Mineral Fields (VSE) has raised $30 million to acquire, explore and develop mining properties worldwide.Through a private placement, American issued 4 million special warrants …
Wednesday, May 1, 1996Week’s Price (US)ChangeGold*$391.00-$0.10Silver*$ 5.33+$0.01Platinum*$400.50-$2.75Nickel**$ 3.56-$0.05Lead**$ 0.370.00Copper $ 1.21+$0.01Zinca$ 0.46-$…
1996 Apr. 30 Apr.29 Apr. 26 Apr. 25 Apr. 24HighLowComposite”300″5146.475152.385147.765132.095116.315154.323983.34Metals&Minerals 5493.105542.135526.275476.125461.305552.883273.56Integra…
A land package exceeding 100 sq. km in area has been assembled by Queenston Mining (TSE) and Franco-Nevada Mining (TSE) in the Kirkland Lake area of northeastern Ontario, and the two companies plan to…
Canadian mining companies hold interests in more than 2,700 properties spanning 99 countries around the world. Anne McLellan, minister of Natural Resources Canada, wants to lure those companies back h…
Short positions outstanding at April 15, 1996Larger individual positions included: Barrick Gold 9,513,807; Agnico-Eagle 402,058; Asia Pacific 114,900; Arequipa 148,400; Anvil Range 356,400; Bema Gold …
Exploration for the source of alluvial diamonds is continuing at the Canabrava project in the Coromandel district of Minas Gerais, Brazil.Teck (TSE), which can earn a 60% interest in the project from …
Partners Lytton Minerals (TSE) and New Indigo Resources (ASE) are proceeding with underground bulk sampling on the land-based JD/OD-1 kimberlite pipe at the Jericho diamond project in the Northwest Te…
ALUMINIUM: MW U.S. market US74-75 cents per lb. (April 26, 1996).ANTIMONY: MW New York dealer US$1.80-$1.90 per lb. (April 26, 1996).BISMUTH: MW New York dealer US$3.80-3.95 per lb. (April 26, 1996).C…
Band-Ore Resources’ (CDN) gold discovery in Thorneloe Twp., west of Timmins, Ont., has junior companies taking notice of the potential for mineralization in pyritic quartz-sericite schist occurrences …
Exploration in the Red Lake district of northwestern Ontario has not been restricted to the area around the two major producing mines east of town.While the western part of the belt is usually quieter…
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