Spot prices at a glance (January 29, 1996)
Wednesday, January 24, 1996Week’s Price (US)ChangeGold*$403.00+$4.10Silver*$ 5.54+$0.05Platinum*$421.50+$1.75Nickel**$ 3.68+$0.14Lead**$ 0.33+$0.01Copper{$ 1.15-$0.03Zinc{{$ …
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Toronto Stock Exchange Indices (January 29, 1996)
1996 Jan 23Jan 22Jan 19Jan 18Jan 17HighLowComposite”300″4847.624848.984821.064798.124773.004871.873983.34Metals&Minerals4917.584881.664852.994810.714729.665276.123273.56Integrated…
Granduc and Black Hawk consolidate land package near Lynn Lake camp
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
Odds ‘n’ Sods — An’ a one-a, an’ a two-a
Life in remote mining camps was often enriched with special comradeship. The people who lived and toiled there tended to foster close-knit relationships, and were often inspired by each other’s hobbie…
Hecla’s Lucky Friday sets safety record
Hecla Mining’s Lucky Friday mine reports that 1995 was its safest year in 56 years of operation.The last time-loss accident in the silver-lead mine, near Mullan, Idaho, occurred Dec. 19, 1994, for a t…
KWG, Falconbridge strike Caribbean deal
KWG Resources (TSE) and Falconbridge (TSE) subsidiary Falconbridge International Investments have reached an agreement under which KWG will earn an interest in three Falconbridge properties in the Dom…
Caledonia invests in Holmer
The mineral potential of Cuba and the large land package held in that country by Holmer Gold Mines (ASE) have prompted Caledonia Mining (TSE) to pursue an investment position in that company.Caledonia…
Chilean miners better off than most
Thanks to a vigorous economy and the abundance of large, high-grade deposits, miners in Chile are the highest paid in all of Latin America, according to a survey by Western Mine Engineering.The study …
Tandem has eye on Indonesia
Montreal-listed Tandem Resources reports that it is engaged in discussions to acquire mineral lands in Indonesia.The company notes, however, that no definitive agrement has yet been reached.Meanwhile,…
Companies (January 22, 1996)
INDEXAlberta EnergyAlta GoldAltavistaArequipaArmada GoldAthabaska GoldAur Res.Ayrex ResourcesBarrick GoldBattle Mtn GldBlack Hawk M’gBlack PearlBre-X MineralsCaldera Res.Caledonia M’gCambiorCameco…
Gold output rises at San Juan mine
Siskon Gold (NASDAQ) is cranking out more of the yellow metal from its San Juan mine in northern California.In December 1995, recovered gold jumped to 1,127 oz. as additional mining areas were develop…
Aur to start work in Manitoba
Toronto-listed Aur Resources has begun exploring six properties in northwestern Manitoba. The program is being funded by associated junior companies Thunderwood Resources (TSE) and Consolidated Abitib…