Toronto Stock Exchange Indices (June 17, 1996)
1996June 11June 10June 7June 6June 5HighLowCompos…
News
Spot prices at a glance (June 17, 1996)
Wednesday, June 12, 1996Week’s Price (US)ChangeGold*$384.50-$3.45Silver*$ 5.12…
Pacific Comox drills targets at Adansi Asaasi
Drills are turning on the Chirebroso mine zone at the Adansi Asaasi concession in Ghana, West Africa.The initial 15,000-metre diamond and reverse-circu-lation program is being carried out by Pacific C…
Canmex plans more drilling for Boleo
Drilling at the Boleo project in Baja California Sur, Mexico, will test the potential extension of a sedimentary-hosted zone of copper-cobalt mineralization.Canmex Minerals (CMX-V) plans to drill eigh…
STOCK MARKETS — Yellow metal sings the blues
The Toronto Stock Exchange fell sharply over the report period ended June 11, dragged down by plummeting resource stocks. The TSE 300 composite index lost 118.19 points or 2.3%, falling to 5,106.32. G…
CORRECTION (June 17, 1996)
In our June 10 issue, a report on the Thorne gold property near Timmins, Ont., included a photograph of Robert Duess, vice-president of exploration for Band-Ore Resources (BNDR-C), who was erroneously…
Accident claims life in Kyrgyzstan
A Canadian man was killed in early June in an industrial accident in Kyrgyzstan.Kevin Lane, of Edmonton, Alta., was killed when he fell 12 metres while working at the Kumtor mill. The mill is part Cam…
Britannia rules the mine rescue awards
A mine rescue team from the New Britannia mine in Snow Lake, Man., has won first place at a provincial competition.The team beat out competitors from Hudson Bay Mining & Smelting’s Flin Flon, Leaf Rap…
Copper and nickel output slips as gold edges up
Canada produced an increasing amount of gold between March 1995 and March 1996, but the country’s production of silver, copper and nickel slipped.Production of lead, zinc and salt also increased over …
Band-Ore firms up Thorne
With 12,000 metres of drilling now completed, Band-Ore Resources (BNDR-C) has traced the gold-bearing zones at its Thorne property along a 300-metre strike length.New results from the property, 10 km …
Etruscan builds resource at Tiawa
The Tiawa gold concession in Niger, acquired last year by Etruscan Enterprises (EET-V), is proving to be as valuable an asset as the company’s stake in the nearby Koma Bangou concession.An estimate, b…
Antares pours first gold from Lady Lina mine
The first gold from the Lady Lina mine of Antares Mining & Exploration (ANZ-T) has been poured.Initially, Antares plans to mill ore from each of Lady Lina’s orebodies to determine its metallurgical ch…