Tri Origin enters JV in Nevada
Toronto-based Tri Origin Exploration (TOE-T) has entered into an agreement with Australian-based Plutonic Resources to explore for gold in Nevada.Plutonic can acquire a 60% stake in the joint venture …
News
THE DIAMOND PAGE — Klipspringer yields high-value results
Bulk-sampling results from the Klipspringer deposit in South Africa suggest it ranks among the highest-value diamond projects in the world, reports SouthernEra Resources (SUF-T).A 425-tonne sample of …
GREATEST VALUE TRADED (October 21, 1996)
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT33…
Auspex steps up work in Portugal
Auspex Minerals (APJ-V) has begun drill-testing the Sao Martinho portion of its Portalegre gold property in east-central Portugal.The initial target of the 70-metre program is the trenched zone that r…
METAL PRICES — FREE MARKET (October 21, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9…
PRODUCER PRICES (October 21, 1996)
ALUMINIUM: LME settlements US$1,322 per tonne (Oct. 15, 1996), alloy US$1,188 per tonne (Oct. 8, 1996).ANTIMONY: Composite free market, US$2,175 per tonne (Oct. 9, 1996).BISMUTH: Composite free market…
EDITORIAL PAGE — Exporting expertise
October is “Export Month” in Canada, and this year, companies supplying goods and services to their traditional customers in the mining sector have much to celebrate.Canadian mining companies are busy…
Ashanti signs Shamrock deal
Shareholders of Australian-based Golden Shamrock Mines (GSX-T) have approved its acquisition by Ghana-based Ashanti Goldfields (ASL-N).Approval from the Supreme Court of Victoria in Australia was expe…
MOST ACTIVE ISSUES (October 21, 1996)
ExchgVol(000s)CloseBRE-X MnrlsT1407122.95Black Swan GdT…
TSE INDICES (October 21, 1996)
1996Oct 15Oct 14Oct 11Oct 10Oct 9HighLowComposite…
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…