THE DIAMOND PAGE — Kensington backs out of deal
Following a due diligence review, Kensington Resources (KRT-V) has elected not to proceed with the acquisition of the South African Loxton Dal and Frank Smith diamond mines from a wholly owned subsidi…
Articles by Northern Miner Staff
MOST ACTIVE ISSUES (July 01, 1996)
ExchgVol(000s)CloseArizona StrV 8734 6.95BRE-X MnrlsT…
TSE INDICES (July 01, 1996)
1996June 25June 24June 21June 20June 19HighLowCom…
Spot prices at a glance (July 01, 1996)
Wednesday, June 26, 1996Week’sPrice (US)ChangeGold*$384…
STOCK MARKETS — Toronto market waits it out
The Toronto Stock Exchange finished a sleepy week virtually unchanged, as traders waited on a possible interest rate cut. The TSE 300 composite index rose 0.1% or 8.9 points to close at 5,069.55 on Ju…
INSIDER TRADING — Asia Pacific officers sell large holding
The Ontario Securities Commission reported insider trading by directors of Asia Pacific Resources (APQ-T) during March and April.According to the Commission’s weekly OSC Bulletin, President G.D. Wrigh…
Eldorado options Miranda ground
The wholly owned Mexican subsidiary of Eldorado (ELD-T) has signed an option agreement with Miranda Industries (MAD-V) on that company’s La Rastra project in Sinaloa state, Mexico.Eldorado can earn a …
Pursuit expands in Indonesia
A recent land acquisition program has made International Pursuit (IPJ-T) one of the largest landholders in Indonesia.Pursuit has acquired 3.2 million hectares of exploration land in 14 separate contra…
Magna begins Mexican drilling
A 40-hole drill program is under way on the contiguous Martinica and Aguila properties in Mexico’s Chihuahua state.Consolidated Magna Ventures (CMV-V) intends to test at least eight different showings…
Goldstake sampling gold prospect
Sampling is under way on its 278,500-hectare property in eastern Kalimantan, Indonesia, reports Goldstake Explorations (GXP-T).Goldstake established its initial targets based on downstream recoveries …
Chance boosts Indonesian holdings
Indonesia’s mineral potential continues to attract Chance Mining & Exploration (CHMG-C), which has acquired the East Salopa gold property in western Java.The property lies in the Tasikmalaya gold dist…
Hemlo, Gowest begin drill program
Partners Gowest Amalgamated Resources (GWA-A) and Hemlo Gold Mines (HEM-T) have begun follow-up drilling on the Denton Twp. property, 40 km southwest of Timmins, Ont.The property, 3 km west of the rec…