The Toronto Stock Exchange saw an active trading period, including a wild trading day and a record level for the TSE 300 composite index, during the period ended April 16. The index closed up at 5,085…
The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will hold its annual meeting and trade show from April 28 to May 2 in Edmonton, Alta.Attendance is expected to approach 3,000, with some …
The British Columbia Securities Commission (BCSC) and the Australian Securities Commission (ASC) have signed a memorandum of understanding, providing for regulatory co-operation between them.The agree…
After exploring the James Bay diamond region of northern Ontario for more than three years, Ashton Mining of Canada (TSE) has decided to sell its stake in the area to KWG Resources (TSE) for $1 millio…
The Vancouver branch of the Canadian Institute of Mining, Metallurgy & Petroleum will present a talk by George Cole, Cominco’s vice-president of exploration, on the discovery of a new zinc deposit at …
Toronto-based SouthernEra Resources (TSE) has arranged a private placement of $14.5 million to finance evaluation of the SUF-1 diamond project in South Africa.Under the placement, which is subject to …
1996Apr 16 Apr 15Apr 12Apr 11Apr 10HighLowComposite”300″5085.365059.035021.915027.695023.575087.453983.34Metals&Minerals5548.645497.665470.775423.955401.685548.643273.56Integrated M…
Farallon Resources (VSE) has entered into a letter of agreement with underwriters to issue between 2.5 million and 3.2 million special warrants, at a price of $6.25 each, for proceeds of up to $20 mil…
ALUMINUM: MW U.S. market US76.5-77.5 cents per lb. (April 5, 1996).ANTIMONY: MW New York dealer US$1.80-$1.95 per lb. (April 5, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).C…
London Metal ExchangeSpot closing prices in $US per tonneDateApril 16 April 15April 12April 11April 10Copper2565-2567 2591-25932587-25902553.5-2555.52495-2497Lead804-805 820-822815-818 833…
Short positions outstanding at March 29, 1996Larger individual positions included: Barrick Gold 8,685,603; Anvil Range Mining 353,800; Bema Gold 3,330,740; Cambior 103,900; Campbell 1,184,670; Cominco…
Taking advantage of a recent surge in its share price, Westmin Resources (TSE) is selling 10.3 million units from its treasury to a group of underwriters for gross proceeds of roughly $100 million.Eac…
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