Toronto Stock Exchange Indices (September 11, 1995)
— 1995 –Sept 5Sept 4Sept 1Aug 31Aug 30HighLowComposite”300″4560.15N/A4525.884516.704531.184718.273983.34Metals&Minerals4953.77N/A4892.044856.304966.725276.123273.56Integrated …
News
Demand for the yellow metal reaches a new record level
Physical demand for gold reached a record level of 1,793 tonnes in the first half of 1995, according to Gold Fields Mineral Services (GFMS).The U.K.-based firm attributes the rise to increased jewelry…
GREATEST VALUE TRADED, AUG. 30-SEPT. 5
Exchg. Value($000s)HighLowCloseChange Inco Ltd T103782$48 3/446 3/448 5/8….Placer Dome T70765$35 5/834 1/435 1/4-3/4Barrick Gold T60456$34 3/833 1/434 1/8-1/4Noranda Inc T…
Freewest and Detector find showing at Camking
Trenching at the Camking property, 6 km northwest of Matachewan, Ont., has revealed a gold-mineralized zone with an apparent surface width of 15 metres.Operator Freewest Resources (TSE) has announced …
Stellar options lateritic nickel
An agreement with Longpoint Mining of Manila gives Stellar Gold (VSE) rights to a 100% interest in a lateritic nickel-cobalt deposit in the Philippines.The 10,000-hectare property contains an estimate…
STOCK MARKETS — Western markets gain as Labrador programs intensify
A breath of fresh air swept over the western markets for the report period ended Sept. 5. The Vancouver Stock Exchange composite index gained 25.46 points to finish at 864.99, while the resource index…
PRODUCER PRICES (September 11, 1995)
ALUMINUM: MW U.S. market US87.5 cents-88.5 cents per lb. (August 24, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.75-3.85 per lb. (August 24…
Greenstone ups Libertad reserves
Drill results have enabled Greenstone Resources (TSE) to boost reserves at its 75%-owned Libertad gold project in Nicaragua.Geological reserves in the Cerro Mojon area have risen to 920,000 from 275,0…
FreeGold eyes potential of Fairbanks district
In Alaska’s Fairbanks district, field work has begun on ground held by International FreeGold Mineral Development (VSE).Up to 10,000 ft. of reverse-circulation drilling, along with soil auger sampling…
Atlas to buy Doby George project
New York-listed Atlas plans to purchase the Doby George gold project from Independence Mining.Situated in northwestern Nevada, the deposit contains an indicated reserve of 3.7 million tons grading 0.0…
Campbell’s earnings increased
Production from its gold mine in northern Mexico enabled Campbell Resources (TSE) to report higher earnings for the first half of 1995.The Santa Gertrudis mine contributed 23,900 oz., while the Joe Ma…
More ore possible at Box mine
Drill results at the former Box gold mine in northern Saskatchewan indicate the presence of additional mineralization at depth, and owner Greater Lenora Resources (TSE) expects reserves to increase as…