Led by the real estate and communication subgroups, the Toronto Stock Exchange recovered strongly during the trading period Dec. 20-27. The TSE 300 composite index rose 192.41 points to close at 5,902…
An agreement between a private company and Pan African Resources (PARC-C) gives that company the option to acquire a 75% interest in the Ndori gold property in southwestern Kenya.Pan African recently …
Toronto-based junior Altai Resources (ATI-T) is forming an alliance with Australian major Normandy Mining (NPL-ASX).Under the agreement, Normandy will be issued 805,000 units of Altai Resources, equiv…
Huge mineral discoveries fueled a wave of mergers, takeovers and deals in the mining industry in 1996. The year’s biggest story was Inco’s (N-T) Aug.21 swallowing up of Diamond Fields Resources (DFR),…
Many a metal trader will have popped the cork on his New Year’s bubbly, confident that 1997 can hardly be worse than 1996. Precious metals nosedived, and the base metals went for a bumpy ride courtesy…
The Russian government owes mining companies 1.5 trillion roubles for some of the gold they have shipped to the state in 1996.The industry sent about 100 tonnes of gold to refineries last year, report…
ExchgVol(000s)CloseBre-X MnrlsT260422.15Houston LakeA…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 27Dec. 24Dec. 23Dec. 20Alumin…
The Vancouver Stock Exchange composite index was up slightly over a slow Christmas week to close at 1162.27, up 16.76 points from the previous week’s close of 1145.51. The resource index closed at 229…
A private placement of just over a million shares will allow Glimmer Resources (GME-V) to meet cash calls for development work at the Glimmer project in Hislop Twp., east of Matheson, Ont.Glimmer and …
ALUMINIUM: LME settlements US$1,523.50 per tonne, alloy $1,377.50 per tonne (Dec. 24/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 27/96).BISMUTH: Composite free market US$3.20 per lb….
ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT57…
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