Archangel intersects kimberlite in Russia
Drilling on the Verkhotina project in northwestern Russia has intersected a kimberlite pipe for Archangel Diamond (VSE).The pipe appears to be on a structure distinct from that which controls the five…
Articles by Northern Miner Staff
Tournigan cashes up
A private placement will raise up to $6.97 million for International Tournigan (VSE).The placement includes up to 3.1 million special warrants at $2.25 each, with each special warrant convertible at n…
Golden Heart drilling program proves fruitful for juniors
The first phase of a drill program on the Golden Heart property in northern Saskatchewan has yielded favorable results.The project is shared by Tyler Resources (TSE), with 50%, Golden Rule Resources (…
Reading our stock trading tables (March 04, 1996)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
Mongolia Gold updates feasibility on Bumbat
Mongolia Gold Resources (VSE) reports that the Bumbat gold project in Mongolia is expected to generate cash flow of US$7.4 million from revenue of US$33.9 million in just over two years.Mongolia opera…
NEWS IN BRIEF (March 04, 1996)
Arbor Resources (AOR: VSE) has changed its name to Klondike Gold (KG:VSE) on a 1-new-for-10-old-share basis.
Spot prices at a glance (March 04, 1996)
Wednesday, February 28, 1996Price (US)Week’s ChangeGold* $397.70-$0.80Silver*$ 5.46-$0.09Platinum*$408.00-$9.50Nickel**$ 3.59-$0.14Lead**$ 0.35-$0.01Copper $ 1.15+$0.02Zinca$…
STOCK MARKETS — VSE composite index breaks record
Fueled by the resource sector, the Vancouver Stock Exchange composite index broke through the 1,000-point barrier for the first time since June, 1994.The composite index closed the report period ended…
Toronto stock exchange indices
Feb 27Feb 26Feb 23Feb 22Feb 21High LowComposite “300”4954.274957.124962.894980.874961.135001.184932.03Metals & Mnrls5169.015160.245141.775159.785164.665001.184932.03Integrated Mns…
Gold funds (March 04, 1996)
Gold Funds as of Feb 22 BGRCentralNet Value$22.67$6.96Price $18.25$7.125Discount19.49%Premium 2.4%Value$177,237,000$128,957,513…
North Coast drilling porphyry targets
Spring drilling is planned for the three properties owned by Consolidated North Coast Industries (VSE) in the Kemess area of north-central British Columbia.The company acquired the properties by staki…
Northern Miner
Working in the Kyle Lake diamond property in northeastern Ontario, partners KWG Resources (TSE) and Spider Resources (ASE) have started their new exploration program with a bang.Numerous nodules of ec…