MOST ACTIVE ISSUES, Oct. 8-14
ExchgVol (000s)Close.ZSCross Lake Mnr V221074.90East West Rs…
1997
Placer settles with Kazakstan
Placer Dome (PDG-T) has settled its dispute with the Kazakstani government regarding the US$35-million refundable deposit the company made in April 1995.The government paid the company US$25 million i…
Amblin drills Wood gold target in Quebec
A drilling program at the Wood gold mine property in Quebec’s Cadillac Twp.is returning gold-bearing intersections for Amblin Resources (AX-A).Amblin can earn a 100% interest in the property from Glob…
Arian raises funds for Julietta
A recently announced financing of 6.5 million units at 90cents each will provide Arian Resources (ARA.U-T) with funds with which to continue development of its Julietta gold-silver deposit in the Maga…
Queenston hits gold
More holes in the Kirkland Lake, Ont., project of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) have intersected gold mineralization along structural extensions of known gold deposits at th…
Teck deals half of Tsacha to Corona
Teck (TEK-T) has signed a deal with Corona Gold (CRG-T) whereby the latter can earn a 50% interest in the 2,100-ha Tsacha gold property in British Columbia.To earn its interest, Corona must spend $500…
DIAMOND PAGE — Rex tests African project
Producer Rex Diamond (RXD-T) has secured permits to explore two concessions in the northwestern African country of Mauritania.The land package covers 46,700 km in the northwest part of the country, wh…
STOCK MARKET — Junior gold mining stocks help keep western markets afloat — Cross Lake makes splash after Timmins area find; Silverstone, Haddington also
upThe Vancouver Stock Exchange composite index edged up 6.55 points, or 0.8%, over the holiday-shortened report period ended Oct. 14 to close at 838.4. The mining index finished at 748.74, up 6.48 poi…
Producer and Dealer Prices (October 20, 1997)
Aluminium: LME settlements US$1,633 per tonne(Oct. 14/97).Antimony: Composite free market, US$1,935 per tonne (Oct. 14/97).Bismuth: Composite free market US$3.40 per lb. (Sept. 30/97).Cadmium: Composi…
TORONTO STOCK EXCHANGE (October 20, 1997)
1997Oct.14Oct.13Oct.10Oct.9Oct.8HighLowComposite…
STOCK MARKET — TSE hits another record high as gold majors rally — Precious and base metal prices remain lacklustre
The Toronto Stock Exchange continued to perform at an impressive pace during the report period of Oct. 8 to Oct. 14, with the TSE 300 composite index closing at 7168.77, a drop of 41.16 points, or 0.6…
GOLD FUNDS (October 20, 1997)
Gold Funds as of October 9, 1997BGRCentralNet Value$18.38$5.98Price$13.65…