Tours of mines in Manitoba and Quebec are being offered by the Prospectors and Developers Association of Canada (PDAC) as part of its 1996 annual convention.The tours are scheduled for March 4-8, imme…
Siskon Gold (NASDAQ) has raised US$5 million to finance construction of the San Juan and Big Horn projects in California.The company sold to Vengold (VSE) US$2 million in convertible shares at US$2.56…
Vancouver-listed Noront Resources has entered into a joint-venture agreement with HL Corp. (NASDAQ) regarding one of the former’s properties in Labrador.The deal gives HL the right to earn a half inte…
Value($000s)HighLowCloseChange Barrick Gold T105441$37 1/435 1/237 1/8+5/8Inco Ltd T103076$49 3/847 5/848 7/8-5/8Placer Dome T83624$34 5/833 34 5/8+3/8Sherritt T78569$17 1/…
Heading into December, in what amounts to a half-month of production, the metals industry continues to operate at reasonably healthy levels.Growth in the short term is expected to be static, and price…
Gold Funds as of November 30, 1995BGRCentralNet Value$17.46$6.56Price$13.88$6.375Discount20.52%2.8%Value$136,483,000$115,383,038…
A previously announced private placement of 2 million Comaplex Minerals (TSE) units has been fully subscribed.A unit is priced at $1.10 and consists of one common share and half of a common share purc…
If recent drilling success continues, International Pursuit (TSE) could find itself the proud owner of a major copper resource in the Philippine Islands.The company suggests that, by this time next ye…
Drilling at the Labrador property of Canadian States Resources (CDN) is finished for the season, with work expected to resume in the spring.Results from three drill holes have been released, showing m…
Unsatisfactory drill results have prompted copper giant Asarco (NYSE) to drop its option on the Butte Highlands gold property in Montana.The major had an option to acquire a 51% interest in the projec…
Under an option agreement with three junior companies, Royal Oak Mines (TSE) will begin drilling a 74-sq.-km land package near Timmins, Ont.Royal Oak will earn a half interest in the properties by spe…
Short positions outstanding at November 15, 1995Larger individual positions included: Barrick Gold 2,731,254; Agnico-Eagle 119,293; Bema Gold 1,437,700; BGR Precious Metals 152,350; Caledonia M’g 291,…
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