Romarco, Uranerz to explore Ren
Romarco Minerals (CDN) and the U.S. subsidiary of Uranerz Exploration & Mining have joined forces to earn a 60% interest in the Ren gold property from Corona Gold, a subsidiary of Homestake Mining (NY…
News
Earth science students to explore mining opportunities at CIM
Earth science students and their prospects will be the focus of the next dinner meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM).The Student’s Night dinn…
Toronto Stock Exchange Indices (January 08, 1996)
— 1995-1996 –Jan 2Jan 1Dec 29Dec 28Dec 27HighLowComposite”300″4767.82N/A4713.544689.104684.164767.823983.34Metals&Minerals4944.91N/A4913.874844.994821.465276.123273.56Integrate…
GREATEST VALUE TRADED, Dec 23-29
Value($000s)HighLowCloseChange Barrick Gold T82635$37 1/435 1/237 1/8+ 5/8Inmet Mining T51421$10 1/49 3/49 7/8- 3/8Inco Ltd T50278$45 1/244 3/845 1/2- 1/2Sherritt T41651$17…
PRODUCER PRICES (January 08, 1996)
ALUMINUM: MW U.S. market US78.5 cents-79.5 cents per lb. (Dec. 15, 1995).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995…
Moneta adds claims at Nighthawk Lake
Timmins-based junior Moneta Porcupine Mines (TSE) has taken an option on a patented property on the northern shore of Nighthawk Lake, 30 km east of Timmins. The property is adjacent to Moneta’s Nighth…
International African Mining goes public to explore in Mali
Privately owned International African Mining Gold (IAMGOLD) has applied for public listing on the Toronto Stock Exchange.Proceeds from an initial public offering will be used to explore gold propertie…
Mispec buys into Indonesian gold properties
Indonesian-based Hunamas Putra Interbuana has optioned a 7.7-sq.-km land package on Java to Mispec Resources (ME), which can earn a 45% interest in the asset.The exploration concessions lie 150 km sou…
GREATEST VALUE TRADED, 1995
Value($000,000s)HighLowCloseChange Barrick Gold T7010$3827 1/436+4 5/8Inco Ltd T6178$51 5/831 7/845 1/8+5Placer Dome T6122$4025///33+5/8Noranda Inc T2163$3021 1/228 …
NEWS ROUNDUP — Pan African plans to go public
Pan African Resources, a subsidiary of Golden Star Resources (TSE), will combine with Humlin Red Lake Mines (CDN) and establish itself as a separate, public company.The subsidiary will issue a private…
NEWS ROUNDUP — Reserves at Tonkin Springs double
Minable reserves have more than doubled at the Tonkin Springs gold mine in Nevada.Gold Capital (NASDAQ) and U.S. Gold (NASDAQ) report that proven and probable reserves for the open-pit mine have risen…
Tan Range intersects gold in Tanzania
Alberta-listed Tan Range Exploration has intersected significant gold values at its Kabahelele concession in Tanzania.The announcement follows a 7-hole reverse-circulation drill program in which econo…