Toscana Res. plans to drill in Guyana
A private placement of 700,000 units at 25 cents each will enable Toscana Resources (VSE) to finance drilling of its 80%-owned Monosse property in Guyana.The company will carry out a 50-hole program o…
News
BHP, Francisco net opper at Coahuila
Initial drilling on the Coahuila project in northeastern Mexico is returning copper-silver values for Francisco Gold (VSE) and BHP Minerals.Copper-silver mineralization at Coahuila is stratiform and s…
DIAMOND NEWS ROUNDUP — Mountain , Glenmore OK sampling
A mini-bulk sampling program is proposed for the 5034 kimberlite at the AK property, 150 km south of Lac de Gras, N.W.T.The property is held 50% by Mountain Province Mining (VSE), 40% by Glenmore High…
LETTER TO THE EDITOR — Is this supposed to depict mining?
In the October 16th issue of The Northern Miner, a cartoon appeared on the editorial page, which prompts the question: Is this supposed to depict mining?The Northern Miner, of all publishing houses, s…
STOCK MARKETS — Rise of Bre-X stock bodes well for Indonesian project
Referendum jitters made for an unsettled week for western markets over the report period ended Oct. 24.The Vancouver Stock Exchange composite index lost 29.95 points to close at 775.80, while the reso…
STOCK MARKETS — Separatist fears pummel volatile market
The Toronto Stock Exchange was lower this week on fears that the upcoming Quebec referendum might back the separatist cause. The TSE 300 fell a total of 163.41 points in the five trading days ended Oc…
Romarco expands Nevada presence
Nevada explorer Romarco Minerals (CDN) will acquire two claim blocks comprising seven claims in the vicinity of its Midas property in Elko Cty.Romarco must spend US$200,000 on exploration and make adv…
Spot prices at a glance (October 30, 1995)
Wednesday, October 25, 1995Week’ Price (US)ChangeGold*$382.40-$1.35Silver*$ 5.35$0.00Platinum*$411.50-$1.85Nickel**$ 3.84+$0.32Lead**$ 0.31+$0.02Copper $ 1.26+$0.03Zinca$ 0.4…
PRODUCER PRICES (October 30, 1995)
ALUMINUM: MW U.S. market US78 cents-79 cents per lb. (October 13, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (October 13, …
TSE SHORT POSITIONS (October 30, 1995)
Short positions outstanding at October 16, 1995Larger individual positions included: Barrick Gold 5,723,323; Agnico-Eagle 176,698; Anderson Expl. 308,800; Beau Canada Expl. 119,946; Bema Gold 1,233,10…
San Acacio returns solid silver values
Preliminary drill results from the San Acacio property in Mexico are returning silver values for Silver Standard Resources (VSE).The program is testing the near-surface potential of the property’s San…
LABRADOR NEWS ROUNDUP — Nickel-copper-cobalt found at Tasisuak Lake
Drillers for Vancouver-listed partners Consolidated Viscount Resources and Consolidated Magna Ventures have hit a gabbro dyke on their Tasisuak Lake property 50 km west of Voisey Bay. The dyke is mine…