TSE INDICES (October 21, 1996)
1996Oct 15Oct 14Oct 11Oct 10Oct 9HighLowComposite…
News
Junior companies join up in Cuba
Juniors MacDonald Mines Exploration (MMP.A-A) and Golden Hill Mining (GHMC-C) are merging their respective interests in the Golden Hill epithermal gold property in east-central Cuba.In return for Gold…
STOCK MARKETS — Western markets still dragging their heels
The Vancouver Stock Exchange composite index fell 43.8 points over the report period ended Oct. 15 to close at 1,156.11. The resource index fell even farther, closing down 71.21 points at 2,234.75.Bor…
COMMENTARY — Reducing diesel exhaust
The Canadian ad hoc Diesel Committee deals with issues pertaining to diesel exhaust exposure and control in mining.A major topic of discussion is the addition by the American Conference of Governmenta…
STOCK MARKETS — Markets ride wave as metals sink
The Toronto Stock Exchange’s TSE 300 index hit two record high closings in the four trading days between Oct. 9 and 15. The TSE composite closed at a record 5,461.20 on Oct. 11 and came back with a 5,…
Orezone acquires ground in N.W. Que.
Junior Orezone Resources (ORZ-M) has re-acquired the Bourlamaque property on the eastern boundary of Placer Dome’s Sigma gold mine in Val d’Or, Que.The company sold the property last year, only to rep…
Values keep Black Swan hopeful
Drilling by Black Swan Gold Mines (BSW-T) at its Cata Preta gold prospect in Brazil’s Minas Gerais state, continues to return encouraging values.Trending in a northeast-to-southwestly direction over a…
East West looks to Guyana, Asia
Vancouver-based East West Resource (EWR-V) has signed a letter of intent to acquire interests in three concessions in Guyana and a gold deposit in Kyrghyzstan.The vendor is Nelson Bunker Hunt of Dalla…
Peruvian Gold tests Encanto prospect
Junior Peruvian Gold (PVO-V) is awaiting assay results from nine diamond drill holes on the Encanto gold porphyry prospect in northeastern Ecuador.To date, the program has spanned 921.8 metres, having…
THE DIAMOND PAGE — Ocean Diamond lands new listing on CDN
The shares of South African-based Ocean Diamond Mining (ODM) are now being traded on the Canadian Dealing Network under the symbol OCND.Since its formation in late 1983, the company has mined diamonds…
World Wide to take helm of Tselinny uranium project
Following a 5-month due diligence review, World Wide Minerals (WWS-T) has decided to assume management of the Tselinny uranium operations in north-central Kazakhstan.Under an agreement with Tselinny, …
Princeton pushing to bring Huckleberry to production
Despite a steady October drizzle that turns the ground to mud, crews are keeping up the pace of constructing a new, open-pit copper mine at the base of this Coast Range mountain.The steel girders are …