News


STOCK MARKETS — Western indices movin’ on up

The Vancouver Stock Exchange composite index rose 19.4 points over the report period ended Nov. 12 to close at 1,154.5, while the resource index tacked on 9.97 points to finish at 2,345.12.At the requ…


STOCK MARKETS — Mines rebound to outpace market

The gold and base metal issues on the Toronto Stock Exchange finally bounced back after several weeks on the canvas to lead the market. Over the report period Nov. 6-12, the TSE 300 composite index ga…


LME WAREHOUSE LEVELS (November 18, 1996)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 11/96 (change from previous week in brackets):Copper109,175(-12,000)Tin9,580(-240)Lead114,975(-1,300)Zinc537,475(-3,55…



THE DIAMOND PAGE — Camsell Lake yields more gems

Further analysis of two kimberlite boulders, discovered near the Camsell Lake project in the Northwest Territories, has yielded additional diamonds.Situated 140 miles northeast of Yellowknife, the pro…


ODDS’N’SODS — Red Lake’s melting pot

In the spring of 1961, I was in the process of finishing my first year in geology at Nova Scotia’s Acadia University. I badly needed a summer job if I was to return to university the next fall, but th…




Junior eyes Savoyardi deposit

A memorandum of agreement with the Kadamdjai Antimony Combine in Kyrgyzstan sets the stage for Phrygian Mining (PHG-V) to earn a 49% interest in the Savoyardi gold deposit by funding all exploration t…



Correction (November 18, 1996)

A development agreement allows Kinross Gold (K-T) to earn a 50% interest in the Vogel property, east of Timmins, Ont., from Black Hawk Mining (BHK-T).Kinross’s agreement with Thunderwood Resources (TH…


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