Detector busy near Kirkland Lake
Detector Resources (ASE) has acquired the Abitibi Phoenix property, 30 km north of Kirkland Lake, Ont.Spanning 21 sq. km, the property was last drilled in 1985, with encouraging results. These include…
News
INVESTMENT COMMENTARY — Kemess acquisition viewed as attractive for Royal Oak
Two investment houses have rated Royal Oak Mines (TSE) as a “buy,” based on the company’s recent acquisitions and the settlement the company has reached with the government of British Columbia for com…
STOCK MARKET — Western markets also recover from referendum jitters
The narrow win by the “non” side in the Quebec referendum managed to reverse a slide in western markets, but the recovery was unsuccessful in making up all the lost ground over the report period ended…
Magma pumps up its earnings
A boost in copper sales, combined with a sizable increase in the realized price of lead, enabled Magma Copper (NYSE) to more than double its third-quarter earnings from the same period last year.The c…
Atna samples YGC’s Yukon properties
Preliminary sampling by Atna Resources (VSE) on three properties held by YGC Resources (VSE) in the southern Yukon is returning some interesting numbers.The Argus, Money and Wolf-Lynx claims are three…
Drilling firms up ANAK-1
Partners Portman Explorations (VSE) and Tapestry Ventures (VSE) report anomalous base metal values from the fourth hole on their ANAK-1 property, 13 miles northwest of the Voisey Bay deposit in Labrad…
TSE INDICES (October 30, 1995)
1995 Oct 24Oct 23Oct 20Oct 19Oct 18HighLowComposite”300″4352.194315.494438.334475.494488.864718.273983.34Metals&Minerals4520.924424.964534.284577.964574.685276.123273.56Integrated …
Romarco expands Nevada presence
Nevada explorer Romarco Minerals (CDN) will acquire two claim blocks comprising seven claims in the vicinity of its Midas property in Elko Cty.Romarco must spend US$200,000 on exploration and make adv…
Spot prices at a glance (October 30, 1995)
Wednesday, October 25, 1995Week’ Price (US)ChangeGold*$382.40-$1.35Silver*$ 5.35$0.00Platinum*$411.50-$1.85Nickel**$ 3.84+$0.32Lead**$ 0.31+$0.02Copper $ 1.26+$0.03Zinca$ 0.4…
PRODUCER PRICES (October 30, 1995)
ALUMINUM: MW U.S. market US78 cents-79 cents per lb. (October 13, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (October 13, …
FINANCING (October 30, 1995)
Artina Resources Ltd. — 300,000 shs @ 50 cents per sh.
Index (October 30, 1995)
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