GREATEST VALUE TRADED, May 22-28
Val($000s) High Low ChangeBRE-X Mnrls T295822$28.6522.3526.10 +2.70 .Arequipa Res T183539$34.7519.2032.65+12.50 .Diamond Flds T111220$40.0538.2539.95+0.25 .Cameco Corp T93879$6…
News
STOCK MARKETS — Juniors dominate drifting market
The Toronto Stock Exchange settled lower last week, supporting the view that the markets are fully valued. The TSE 300 composite index was down 18.94 points (0.4%) over the period May 22-28, closing a…
TSE Short Positions (June 03, 1996)
Short positions outstanding at May 15, 1996Larger individual positions included: Abacan 131,600; Barrick Gold 4,690,913; Agnico-Eagle 450,968; Algoma Steel 233,223; Adex Mining 345,000; Asia Pacific 1…
Gold Funds (June 03, 1996)
Gold Funds as of May 23, 1996BGRCentral.Net Value$25.95$6.72 .Price $19.60$7.000 .Discount24.46%4.2% .Value$202,855,000$126,695,100 .
Spot prices at a glance (June 03, 1996)
Wednesday, May 29, 1996Week’s Price (US) Change .Gold* $391.65+$0.65 .Silver* $ 5.37+$0.08 .Platinum*$400.25+$3.00 .Nickel**$ 3.59+$0.08 .Lead**$ 0.37-0.01 .Copper{$ 1.15+$0.04 .Zi…
NEVADA SPECIAL — Royal Gold looks at Great Basin
Limited exploration into the lower plate of the Roberts Mountain thrust at the NAD claims in central Nevada indicates the possibility of gold mineralization, reports Royal Gold (RGLD-Q).The property i…
Diamond Fields takeover delayed
Uncertainty over a lawsuit has prevented Inco (N-T) from completing the acquisition of Diamond Fields Resources (DFR-T) on the scheduled closing date of May 29. At presstime, the deal had not yet been…
NEVADA SPECIAL — Miranda trenching at Blue Wing
Miranda Industries (MAD-V) has begun trenching at its Blue Wing gold project in Pershing Cty., Nev., and will soon begin drilling there, and at the Artesia project in Lyon Cty.Blue Wing, an epithermal…
NEVADA SPECIAL — Newmont looks underground at Carlin
Open-pit mining has been a staple of the Carlin trend for 30 years, but Newmont Gold (NEM-N) is quietly introducing underground methods to the region.The move toward underground mining was spurred by …
NEVADA SPECIAL — Canyon and Homestake eye Mountain View
In a joint venture with Canyon Resources (CYNR-Q), Homestake Mining (HM-N) is funding all the expenditures necessary to advance the Mountain View gold project through to a positive feasibility study.I…
New symbols for company stocks
Effective this issue, The Northern Miner is including company stock symbols after each company name that appears in bold type in news articles.The company stock symbol will appear in parentheses (e.g….
Conference calls for technical papers
Organizers of Exploration ’97, a conference on geophysical and geochemical mineral exploration to be held Sept. 14-18 in Toronto, are calling for papers.Technical sessions include: exploration technol…