Chase adds to its holdings in Philippines
An agreement with Philippine-based Allah Copper Porphyry gives Chase Resource (TSE) the right to earn a 75% interest in the Allah property on south-central Mindanao Island.The Allah property adjoins C…
News
Spot prices at a glance (March 04, 1996)
Wednesday, February 28, 1996Price (US)Week’s ChangeGold* $397.70-$0.80Silver*$ 5.46-$0.09Platinum*$408.00-$9.50Nickel**$ 3.59-$0.14Lead**$ 0.35-$0.01Copper $ 1.15+$0.02Zinca$…
STOCK MARKETS — VSE composite index breaks record
Fueled by the resource sector, the Vancouver Stock Exchange composite index broke through the 1,000-point barrier for the first time since June, 1994.The composite index closed the report period ended…
Toronto stock exchange indices
Feb 27Feb 26Feb 23Feb 22Feb 21High LowComposite “300”4954.274957.124962.894980.874961.135001.184932.03Metals & Mnrls5169.015160.245141.775159.785164.665001.184932.03Integrated Mns…
Junior partners to resume diamond search in Ontario
Drilling will resume on the diamond property in New Liskeard, Ont., belonging to Vancouver-listed partners Consolidated Pine Channel Gold and JNR Resources.Much of the property, which contains the OPA…
Campbell boosts earnings, reports record output
In 1995, Campbell Resources (TSE) accomplished a triple feat: it almost doubled its earnings from the previous year; reported record gold production; and increased minable reserves at all its mine pro…
Gold funds (March 04, 1996)
Gold Funds as of Feb 22 BGRCentralNet Value$22.67$6.96Price $18.25$7.125Discount19.49%Premium 2.4%Value$177,237,000$128,957,513…
North Coast drilling porphyry targets
Spring drilling is planned for the three properties owned by Consolidated North Coast Industries (VSE) in the Kemess area of north-central British Columbia.The company acquired the properties by staki…
Novicourt posts healthy profits
The first year of production at the Louvicourt mine in Quebec has generated net earnings of $4.8 million, or 11 cents per share, for Novicourt (TSE) for the last quarter of 1995.For the year, the comp…
Northern Miner
Working in the Kyle Lake diamond property in northeastern Ontario, partners KWG Resources (TSE) and Spider Resources (ASE) have started their new exploration program with a bang.Numerous nodules of ec…
Producer prices (March 04, 1996)
ALUMINUM: MW U.S. market US75.5 cents-76.5 cents per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Oroperu Resources starts work at Toro gold prospect in Peru
CDN-listed Oroperu Resources has released early results of its reverse-circulation drill program on the Toro gold project in north-central Peru.The drilling has been applied to areas peripheral to the…