TSE INDICES (July 01, 1996)
1996June 25June 24June 21June 20June 19HighLowCom…
News
Drilling probes Blackdome mine
A minimum 5,000-ft. diamond drilling program is under way at the Blackdome gold mine in southwestern British Columbia.Petro Plus (PPV-A) can earn a half interest in the former underground producer fro…
Spot prices at a glance (July 01, 1996)
Wednesday, June 26, 1996Week’sPrice (US)ChangeGold*$384…
STOCK MARKETS — Toronto market waits it out
The Toronto Stock Exchange finished a sleepy week virtually unchanged, as traders waited on a possible interest rate cut. The TSE 300 composite index rose 0.1% or 8.9 points to close at 5,069.55 on Ju…
INSIDER TRADING — Asia Pacific officers sell large holding
The Ontario Securities Commission reported insider trading by directors of Asia Pacific Resources (APQ-T) during March and April.According to the Commission’s weekly OSC Bulletin, President G.D. Wrigh…
PRODUCER PRICES (July 01, 1996)
ALUMINIUM: LME settlement US$1,478 per tonne (June 25, 1996).ANTIMONY: Composite free market, US$2,925 per tonne (June 24, 1996).BISMUTH: Composite free market US$3.56 per lb. (June 14, 1996).CADMIUM:…
METAL PRICES — FREE MARKET (July 01, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJune 25June 24June 21June 20June 19…
Eldorado options Miranda ground
The wholly owned Mexican subsidiary of Eldorado (ELD-T) has signed an option agreement with Miranda Industries (MAD-V) on that company’s La Rastra project in Sinaloa state, Mexico.Eldorado can earn a …
Pursuit expands in Indonesia
A recent land acquisition program has made International Pursuit (IPJ-T) one of the largest landholders in Indonesia.Pursuit has acquired 3.2 million hectares of exploration land in 14 separate contra…
Magna begins Mexican drilling
A 40-hole drill program is under way on the contiguous Martinica and Aguila properties in Mexico’s Chihuahua state.Consolidated Magna Ventures (CMV-V) intends to test at least eight different showings…
Queenston steps up Kirkland Lake program
The new joint venture of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) has outlined an ambitious exploration program for its large land package near Kirkland Lake, Ont.Queenston’s president…
BASE METALS SPECIAL — Inco awaits study results for Goro nickel deposit in New Caledonia
By the end of 1996, Inco (N-T) expects to have received results of a study to determine the economics of developing the Goro nickel deposit on the South Pacific island of New Caledonia.Inco owns 85% o…