Toronto Stock Exchange Indices (October 16, 1995)
— 1995 — Oct 10Oct 9Oct 6Oct 5Oct 4HighLowComposite”300″4472.30N/A4495.444499.774492.624718.273983.34Metals&Minerals4599.15N/A4620.764640.464609.525276.123273.56Integrated Mine…
Articles by Northern Miner Staff
DIAMOND NEWS ROUNDUP — Kennecott, Aber recover more diamonds from Diavik
Caustic fusion analysis performed at the Diavik project in the Lac de Gras region of the Northwest Territories has yielded 143 macrodiamonds and 288 micros. The process was applied to 310.4 kg of core…
STOCK MARKETS — All quiet on the western front
Western markets continued to languish over the report period ended Oct. 10. The Vancouver Stock Exchange resource index fell 28.74 points to finish at 1,329.49, while the composite index closed down 2…
Gold Funds (October 16, 1995)
Gold Funds as of October 5BGRCentralNet Value$17.36$6.52Price$13.75$6.500Discount20.81%0.3%Value$135,755,000$117,645,450…
Pentland drill-tests Marlhill
Drilling at the past-producing Marlhill mine near Timmins, Ont., indicates the presence of a sizable quantity of untapped gold beneath the old workings.Six holes drilled by Pentland Firth Ventures (TS…
Spot prices at a glance (October 16, 1995)
Wednesday, October 11, 1995Week’sPrice (US)ChangeGold*$384.70+$2.10Silver*$ 5.42+$0.08Platinum*$415.25-$1.00Nickel**$ 3.49-$0.10Lead**$ 0.27$0.00Copper $ 1.25-$0.05Zinca$ 0.4…
TVI Pacific completes financing
Holders of warrants to buy shares in TVI Pacific (ASE) have exercised 4.9 million of the 5 million outstanding warrants, which expired on Aug. 29.Each warrant entitled the holder to buy one share of T…
Canyon eyes East African property
Canyon Resources (NASDAQ) has signed an exploration agreement with the government of Ethiopia concerning the Megado Serdo gold property.The 60-sq.-km package lies within the Adola greenstone belt, in …
Ecuadorian takes shine to Peru
Ecuadorian Minerals (TSE) can buy several mining concessions in the Peruvian region of Angasmarca, 100 km from the Yanacocha gold district.The Inti property consists of two blocks of concessions total…
Santa Elina, Echo Bay firm up Chapada deposit
Santa Elina Gold (TSE) and Echo Bay Mines (TSE) are stepping up their joint effort to explore for gold deposits in Brazil.Echo Bay will acquire another 4 million shares of Santa Elina, entitling the m…
Int’l FreeGold tests Tolovana
Encouraged by preliminary results from the first round of drilling on the Tolovana property in Alaska’s Fairbanks district, International FreeGold Mineral Development (VSE) is set to begin a second ph…
X-Cal strikes gold in trenches
A trenching program at the Sleeper Extension project in northern Nevada is returning encouraging results for X-Cal Resources (TSE).In Area 1, an 80-ft. trench intersected mineralization grading 0.034 …