TSE Indices (November 11, 1996)
1996Nov 5Nov 4Nov 1Oct 31Oct 30HighLowComposite”3…
News
Gold Funds (November 11, 1996)
Gold Funds as of October 31, 1996BGRCentralNet Value$22.90$6.15Price$18.15…
NEWS IN BRIEF (November 11, 1996)
PMA Resources (PRY-V) has changed its name to Cassidy Gold (CDY-V) on a 1-new-for-4-old-share basis.
Triarx reports find in Philippines
Junior Triarx Gold (TXTX-C) has encountered near-surface gold mineralization on its Nalesbitan property on the Philippine island of Luzon.Two holes totalling 289.4 metres were drilled outside the Main…
Drilling in Ecuador confirms potential for Triton Mining
Drilling at Triton Mining’s (TTM-T) Manantial Espejo property in Argentina is expanding the gold and silver resources in the Maria Vein.The Vancouver-based junior is engaged in an ongoing 10,800-metre…
Yamana Resources continues search for Chilean copper
With two exploration programs already under way in Chile, Yamana Resources (YRI-T) has decided to launch a third.The work will focus on a 84-sq.-km land package in the northern province of Antofagasta…
THE DIAMOND PAGE — Namco prepares for gem production
Keeping the third quarter of 1997 as its target production date, Namco (NMR-T) has arranged for the design and construction of a marine diamond mining system, to be used at its licence areas off the c…
Bruneau deposit proves a winner
A series of metallurgical tests has confirmed the “extremely high” quality of calcium carbonate concentrates from Bruneau Minerals’ (BRM-M) Lac St.-Jean, Que. deposits.Bruneau has reserves of 13.5 mil…
William Resources aims to take over Swedish gold miner
A unit of William Resources (WIM-T) has submitted a bid to take over Swedish gold mining firm Terra Mining.William is offering $33.25 per share, or $147 million, for the company, which is listed on th…
Producer Prices (November 11, 1996)
ALUMINIUM: LME settlements US$1,403 per tonne (Nov. 5, 1996), alloy US$1,265 per tonne (Oct. 31, 1996).ANTIMONY: Composite free market, US$2,000 per tonne (Nov. 5, 1996).BISMUTH: Composite free market…
Summo Minerals revises figures for Lisbon Valley
Lower copper prices have prompted Summo Minerals (SMA-T) to revise the final feasiblity study for its Lisbon Valley copper project in Utah.The new study, which is based on a copper price of US90 cents…
Columbia hits strong values at Finlayson Lake project
Two stepout diamond drill holes have encountered significant grades of copper-gold mineralization at the Fyre Lake project in the Yukon.Columbia Gold Mines (COB-T) reports that a southerly stepout of …