NEWS IN BRIEF (September 30, 1996)
Rockwealth International Resource (RWR-V) has changed its name to Strathmore Resources (SMR-V).
Articles by Northern Miner Staff
Spot prices at a glance (September 30, 1996)
Wednesday, September 25, 1996Price (US)Week’s ChangeGold*$383.25+$0.35Silver*$ 4.9…
MOST ACTIVE ISSUES, September 18-24
ExchngVol(000s)CloseLa Rock MngV74610.54Goldstake ExpT…
Laguna Gold on TSE
Junior Laguna Gold has begun trading its shares on the Toronto Stock Exchange under the symbol LGC.The company owns the Rio Chiquito gold-silver property in north-central Costa Rica. Consisting of 19 …
Taurus snaps up Cassiar area project
Junior International Taurus Resources (ITU-V) will earn a 70% interest in a block of claims near Cassiar, B.C.The company will act as project operator and, initially, earn up to a 50% interest by spen…
Young-Shannon drilling in northeastern Ontario yields strong gold intercepts
Encouraging results from a winter 1996 drill program on its namesake gold property in northeastern Ontario have Young-Shannon Gold Mines (YSG-V) drilling once again.The company has been exploring the …
LME WAREHOUSE LEVELS (September 30, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.16/96 (change from previous week in brackets):Copper256,625 (-11,725)Tin9,975(-150)Lead117,550(+3,100)Zinc549,050(-1,2…
STOCK MARKET — Resource stocks fail to boost western markets
The Vancouver Stock Exchange composite index finished relatively flat between Sept. 18 and 24, closing at 1,227.43 points, down 1.77 from last week’s close of 1,229.2. The resource index was up slight…
KWG Res. reports unusual find
Partners Spider Resources (SPQ-A) and KWG Resources (KWG-T) have made a “somewhat unique” diamond discovery within exposed bedrock along the Trans-Canada Highway.The partners recovered 64 mostly fragm…
TSE Short Positions (September 30, 1996)
Short positions outstanding at September 15, 1996.Larger individual positions included: Barrick Gold 9,524,501; Agnico-Eagle 327,903; Asia Pacific Res. 137,072; Anvil Range Mining 768,120; Anderson Ex…
Kavanagh to speak on Busang deposit
The Toronto Geological Discussion Group will address Indonesia’s Busang gold deposit on Nov. 5.Speakers will include Paul Kavanagh of Bre-X Minerals, which owns the deposit, and Egizio Bianchini of Ne…
PEOPLE — CARSON GOLD (September 30, 1996)
Peter Meredith appointed chief financial officer and director.