TORONTO STOCK EXCHANGE INDICES (April 15, 1996)
=1996= April 9 April 8 April 5 April 4 April 3 High LowComposite 300″ 5007.29 5004.02 N/A 5016.35 5021.47 5066.79 3983.34Mtals & MinrlS 5341.88 5279.07 N/A 5288.70 5282.31 5463.82 3273.56Integrated…
News
Refurbishment at Kassandra mine now complete
Operations at the Kassandra mine complex in Greece are up and running, following a comprehensive refurbishment program.TVX Gold (TSE) purchased the suspended base-metal operation in December 1995 and …
Applications are complete for the McDonald project
Phelps Dodge (NYSE) and Canyon Resources (NASDAQ) have completed permit applications for the McDonald gold project near Lincoln, Mont.Permits could be issued by mid-to-late 1997, once an environmental…
NEW HORIZONS — Canmet pursuing greater mine safety
A co-operative project involving the Canada Centre for Mineral and Energy Technology (Canmet), the province of Ontario and the township of Red Lake offers considerable promise for maintaining the safe…
Maintenance shuts down smelter
For two weeks in April, Kennecott will shut down its new smelter at Bingham Canyon, Utah.A replacement heat recovery system will be installed and repairs will be made to the acid plant. The company wi…
ECU acquires ground from William
ECU Gold Mining (ME) will acquire nine mining properties from William Resources (TSE) in exchange for 6 million ECU shares.The agreement requires ECU to invest $6 million in exploration, development a…
Virginia Gold Mines an exploration pioneer in northern Quebec
The Quebec government is encouraging mining companies to explore outside of the province’s traditional mining camps. Two associated juniors, Virginia Gold Mines (ME) and Explorations Diabior (ME), hav…
MacMillan Gold plans to buy rest of Mishi gold deposit
MacMillan Gold (TSE), which owns half of the Mishi Gold property in Ontario, will buy the remaining half from Granges (TSE).The 566-claim property is in the Mishibishu area, between Wawa and Marathon….
NDU placement to fund work at Marg property
A private placement of 2 million special warrants at $2 each will provide NDU Resources (VSE) with exploration funds for its Marg property in the Yukon.The special warrants convert to units which cons…
Pan African resumes drill program in Mali
CDN-listed Pan African Resources is returning for another round of drilling to define the extent of a gold zone discovered last year on the Dioulafoundou project in western Mali.In 1995, the company i…
Drills turn at Meadowbank gold project in N.W.T.
A 33,000-ft. drill program is under way at the Meadowbank gold project north of Baker Lake, N.W.T.Meadowbank, a 60-40 joint venture between Cumberland Resources (TSE) and Comaplex Minerals (TSE), host…
Companies (April 15, 1996)
Agnico-EagleAlta GoldAltavista MinesAltra VenturesAnglo AmericanArequipa Res.Ashanti GldfldsAshtn Mg of CdaBand-Ore Res.Barrick GoldBirim GldfldsBitterroot Res.Black PearlBlue EmeraldBolivar GldfldsBr…