TSE Short Positions (May 03, 1993)
Semi-monthly reports as of Apr. 15, showed 66,505,462 shares of 661 issues compared with 61,066,784 shares of 662 issues on Mar. 31. Larger individual positions included: Aber 112,290, up 52,190; Adex…
News
Toronto Stock Exchange Indices (May 03, 1993)
Apr.27 Apr.26 Apr.23 Apr.22 Apr.21 High Low Composite”300″ 3691.22 3683.81 3685.42 3665.71 3663.65 4009.47 3009.91 Metals&Minerals 2856.26 2829.40 2814.06 2812.59 2857.25 3453.06 2502.63 Integrated Mi…
LATIN AMERICA ROUNDUP — Vengold plans major financing
Recently improved gold prices should enable three major brokerage houses to complete a $42-million private placement for Venezuelan Goldfields (VSE). First Marathon Securities, Yorkton Securities and …
LATIN AMERICA ROUNDUP — Drilling expands Petaquilla
With the completion of a first phase of drilling on the Petaquilla property in Panama, Adrian Resources (VSE) believes the potential geological resource is over and above the one billion tons identifi…
Mineral programs axed under new federal budget
Under the recent federal budget, Ottawa will no longer renew federal-provincial Mineral Development Agreements (MDAs) when they expire. The decision is part of the government’s plan to reduce spending…
Wheaton releases test results
The first phase of metallurgical testing at the Omni polymetallic project in the Yukon is complete, reports Wheaton River Minerals (TSE). At Lakefield Research, a mineral-processor near Peterborough, …
Metals Markets — Metals market conditions volatile
Market conditions have entered a period of unusual volatility. Refinery producers of all metals are aggressively selling product to maintain market share, keep costs low and reduce inventories. Unless…
Deak reports loss in 1992
Citing low gold prices and a decrease in gold production and grade at its Kerr mine near Virginiatown, Ont., Deak Resources reported a net loss of nearly $8 million in 1992. That compares to a profit …
Ramrod to buy FORS interest
Consolidated Ramrod Gold (TSE) intends to buy Chapleau Resources’ (VSE) interest in the FORS and Jor properties in southeastern British Columbia. The purchase price is $1.5 million. Meanwhile, Chaplea…
Oracle Ridge improves overall
The Oracle Ridge underground copper mine in southwestern Arizona should make money in April, reports 70%-owner South Atlantic Ventures (VSE). The mine is producing about 1,000 tons per day while mill …
BOOKS IN BRIEF — Wyoming’s mineralization studied
Study of Metals and Precious Stones in Southern Wyoming, Geological Survey of Wyoming, P.O. Box 3008, University Station, Laramie, Wyoming 82071, U.S.A. US$12. The GSW’s Mineral Report 93-1 summarizes…
LaRonde yields more high-grade
Underground drilling on Zone 20 at the LaRonde mine in northwestern Quebec continues to yield encouraging results for Agnico-Eagle Mines (TSE). Hole 20-103, drilled 200 ft. below a previous high-grade…