MOST ACTIVE ISSUES (June 16, 1997)
ExchgVol(000s)CloseQ.E.X. ResM99000.75Barrick GoldT…
News
Anvil retains financial adviser
Toronto-based Anvil Range Mining (ARO-T) has retained RBC Dominion Securities to help review refinancing options that would allow the company to resume operations at Faro, Y.T.As financial adviser, RB…
DIAMOND PAGE — Hymex reports on May production
An alluvial diamond mine in Guinea, West Africa, recovered 4,142 diamonds weighing a total of 2,177.7 carats during the month of May, reports operator Hymex Diamond (HMD-V).Of this total, 287 stones r…
TSE SHORTS (June 16, 1997)
Short positions outstanding at May 31, 1997Larger individual positions included: Barrick Gold 12,118,753, up 391,400; Ashton Mining of Canada 110,000, down 104,722; Adex Mining 106,000, down 204,000; …
Francisco drills in Mexico
To accelerate drilling, Francisco Gold (FGX-V) has mobilized a third rig to the Sauzal gold property in Mexico’s Chihuahua state.The program is drill-Testing potential targets that extend immediately …
TSE INDICES (June 16, 1997)
1997June 10June 9June 6June 5June 4HighLowComposi…
Placer closes takeover
Placer Dome (PDG-T) has received US$97 million in return for selling the non-Porgera assets acquired in its takeover of Highlands Gold.Highlands Gold owned 25% of the Porgera gold mine in Papua New Gu…
Rux Resources signs agreement for Russia’s Vorontsovsk gold deposit — Junior must complete scoping study and examine social aspects
A letter of intent with two Russian companies sets the stage for Rux Resources (RUXR-c) to acquire a 49% interest in the Vorontsovsk gold deposit situated 400 km north of Yekaterinburg, Russia.Previou…
PEOPLE — CALLIOPE
Cecil Bond appointed director.
Redaurum, Auridiam settle dispute
Having settled a legal dispute, partners Redaurum (RRK-T) and Auridiam Consolidated plan to increase production at their River Ranch diamond mine in Zimbabwe.In order to settle a dispute related to th…
PEOPLE — ELDORADO (June 09, 1997)
Antonio Zini appointed director of exploration for Brazil.
PEOPLE — CONS. VISCOUNT
Eckhardt Koppen appointed director.