News



Placer to start work

Diamond drilling is set to begin on the Goldboro property of Orex Exploration (ME) in Guysborough Cty, N.S. Option and joint-venture agreements between Orex and Placer Dome (TSE) are conditional on th…


MIM backs out of joint venture

MIM Holdings has informed Yamana Resources (TSE) that it is withdrawing from the entire Neuquen joint venture in Argentina. Drill results fell short of the former’s expectations.Yamana nevertheless re…


Canpotex to ship potash to China

The offshore sales agency for Saskatchewan potash producers, Canpotex, will supply up to 1 million tonnes of the substance to China. Canpotex receives nearly 58% of its potash from Potash Corp. of Sas…


CORRECTION (October 30, 1995)

Our Oct. 9 issue included an error regarding a Mantiba property deal for Mid-North Resources. Privately-owned Hudson Bay Mining & Smelting was incorrectly identified as being one of the vendors in the…


GREATEST VALUE TRADED (October 30, 1995)

BRE-X Mnrl A161891$593043+13 3/4Placer Dome T148734$31 5/83030 7/8-3/8Inco Ltd T121693$45 1/840 3/442 7/8-2 1/4Barrick Gold T113729$33 5/831 7/832 3/4-1/4Potash Corp T7596…


GOLD FUNDS (October 30, 1995)

Gold Funds as of October 19BGRCentralNet Value$17.38$6.51Price$13.38$6.375Discount23.02%2.1%Value$135,846,000$115,383,038…


TSE INDICES (October 30, 1995)

1995 Oct 24Oct 23Oct 20Oct 19Oct 18HighLowComposite”300″4352.194315.494438.334475.494488.864718.273983.34Metals&Minerals4520.924424.964534.284577.964574.685276.123273.56Integrated …



NEWS IN BRIEF (October 30, 1995)

Feather Gold Resources (FG:VSE) has changed its name to Sovereign Chief Ventures (SCV:VSE) on a 1-new-for-4.7-old-share basis.


Cartaway finances drilling

A $4-million private placement provides Cartaway Resources (VSE) with funds for exploration work on its property interests in the Voisey Bay region of Labrador.The company is carrying out drilling on …


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