Following a disastrous five days, the Toronto Stock Exchange bounced back on Dec. 18 and 19, carrying the TSE 300 composite index to 5,844.30, a gain of 134.10 points. The market’s 116.66-point gain o…
Friday, December 20, 1996Price (US)Week’s ChangeGold*$369.20+ $0.20Silver*$ 4.88…
ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT36…
1996Dec 24Dec 23Dec 20Dec 19Dec 18HighLowComposit…
Gold Funds as of December 19, 1996BGRCentralNet Value$22.06$6.17Price$17.00…
A “breakthrough in assaying” has encouraged International Precious Metals (IPMC-C) to begin another pilot plant test program at its Black Rock Extended project in Arizona.An earlier metallurgical test…
London-based Nelson Gold (NLG-T) has resumed operations at the Jilau open-pit mine in Tajikistan.The company recently made its first gold sale, exporting and selling 12,700 oz. of gold bullion from th…
Oyvind Hushovd appointed president, chief executive officer and director.
Gavin Becker appointed president and chief executive officer.
The takeover of Diamond Fields Resources by Inco, the acquisition of Arequipa Resources by Barrick Gold, the green light for diamond mining in Canada’s North, and the blossoming of the Busang gold dep…
At the Canabrava joint venture in Brazil’s Minas Gerais state, Teck (TEK-T) will continue with exploration drilling through 1997.The company holds an option to earn an initial 60% interest from Canabr…
ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …
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