TORONTO STOCK EXCHANGE INDICES (January 20, 1997)
1996Jan 14Jan 13Jan 10Jan 9Jan 8HighLowComposite”…
News
DIAMOND NEWS ROUNDUP — Shore, Rio Nevada pull diamonds
Junior Shore Gold (SGF-A) has recovered diamonds from two newly discovered kimberlite bodies at its 75%-owned Fort la Corne project, 80 km east of Prince Albert, Sask.This past fall, Shore tested pros…
Kazakstan and World Wide nix merger plans
The previously announced merger of World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) has been terminated. In addition, World Wide will not purchase the stake in Kazakstan Goldfields held b…
Border-crossing pact augurs well for Pachon
The Pachon project in Argentina has received both a statistical and logistical boost.A new calculation by Cambior (CBJ-T) has augmented the proven and probable reserve total by 28%, to 882 million ton…
Mineral Economics Society to hold annual meeting in British Columbia
The Mineral Economics Society of the Canadian Institute of Mining, Metallurgy & Petroleum will hold its annual meeting on Jan. 27 at the Hotel Vancouver.Entitled “Corporate Strategy in Mining: Finding…
Laramide withdraws bid for Aquiline Resources
Laramide Resources (LAM-T) has withdrawn its $5.3-million hostile takeover bid for Aquiline Resources (AQI-V), after a court turned down its petition to block Aquiline’s transactions on a Mexican prop…
Orogrande seeks gold in Jamaica
Calgary-based Orogrande Resources (ORG-A) is prospecting for gold and copper at its Bellas Gate concessions in Jamaica.The concessions, totalling 42 sq. miles, are 40 miles northwest of Kingston in a …
Iamgold catapulted to status of gold producer
The first gold pour at the Sadiola Hill mine in western Mali has transformed Iamgold (IMG-T) into a producer.”Prior to this event, we were a company with a mine under development. The first pour and t…
MOST ACTIVE ISSUES, Jan. 8-14
ExchgVol(000s)CloseMaymac ExpV29930.43Placer DomeT…
NEWS IN BRIEF (January 13, 1997)
Highbright Minerals (HBI-V) has changed its name to Frontier Pacific Mining (FRP-V).
LME Warehouse Levels (January 13, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.6/97 (change from previous week in brackets):Aluminium957,375(+6,100)Copper134,700(+9,350)Lead118,400(-200)Nickel49,116…
Correction (January 13, 1997)
Miranda Mining is not yet listed on any stock exchange. Miranda Industries trades in Vancouver under the ticker symbol MAD. Incorrect information appeared in our issue of Dec. 30, 1996.