News

STOCK MARKETS — Gold issues sink on Toronto market

The Toronto Stock Exchange traded heavily but went virtually nowhere in the period Sept. 4-10, closing at 5,147.12, up 4.77 points from the previous week. The average daily volume was in the range of …




Carson acquiring international diamond assets

A past-producing diamond mine in Sierra Leone has become the latest African acquisition of Carson Gold (CQJ-V), and, in a simultaneous development, Carson’s board has resolved to change the company’s …


Literature Review

To receive literature on companies featured in the The Northern Miner’s recent Literature Review, please fax the coupon on page B8 of our Sept. 9 issue to (416) 510-6875, or mail it to: Northern Miner…



TSE short positions (September 16, 1996)

Short positions outstanding at August 31, 1996Larger individual positions included: Barrick Gold 9,911,619; Agnico-Eagle 235,653; Asia Pacific 150,425; Anvil Range Mining 526,920; Anderson Expl.335,80…


Laverton extends Rawas gold zone in southern Sumatra

Drilling on the Rawas gold project in southern Sumatra, Indonesia, has added about 550 metres of strike potential to the Berenai vein structure.Drilling north of the Berenai open pit, Laverton Gold (L…


Midas partners boost exploration budget

By year-end, partners Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) expect to have received a prefeasibility study on the Rex-Grande deposit in Nevada.Eight rigs are drilling the Rex-Grand…


Wilanour shareholders sink Goldcorp deal

A deal that would have seen Wilanour Resources (WLR-T) sell its Cochenour mine and mill east of Red Lake, Ont., to Goldcorp (G-T) failed to win shareholder approval at the former’s annual meeting.Unde…


KazMinCo doubles resource at Varvarinskoye

Prefeasibility drilling on the Varvarinskoye gold-copper deposit in Kazakhstan continues to return encouraging results for Kazakhstan Minerals (KMC-T), which has almost doubled its resource estimate f…



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