ODDS N SODS — The Flying Bandit
In search of items for a mining exhibit, Red Lake Museum volunteers Jim Dodd and Bill Tetlock came across an old desk beneath a pile of rock and drill core. The desk, which was wrapped in burlap and p…
News
STOCK MARKETS — Westen market gets early Christmas gift
Over the holiday-shortened report period ended Dec. 19, the Vancouver Stock Exchange composite index posted a 8.59-point gain, to 1,134.65, while the resource index rallied 35.22 points to close at 2,…
Spot prices at a glance (December 30, 1996)
Friday, December 20, 1996Price (US)Week’s ChangeGold*$369.20+ $0.20Silver*$ 4.88…
STOCK MARKETS — Toronto rebounds from week-long slide
Following a disastrous five days, the Toronto Stock Exchange bounced back on Dec. 18 and 19, carrying the TSE 300 composite index to 5,844.30, a gain of 134.10 points. The market’s 116.66-point gain o…
GREATEST VALUE TRADED, Dec. 13-19
ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT36…
TORONTO STOCK EXCHANGE INDICES (December 30, 1996)
1996Dec 24Dec 23Dec 20Dec 19Dec 18HighLowComposit…
International Precious Metals takes another crack at Black Rock
A “breakthrough in assaying” has encouraged International Precious Metals (IPMC-C) to begin another pilot plant test program at its Black Rock Extended project in Arizona.An earlier metallurgical test…
Resource Finance Corp. to invest in SE Asian gold miners
North American mining companies now have someplace else to turn to for capital for Southeast Asian projects.Australian-based Resource Finance Corporation, a merchant and investment bank, has establish…
Noranda explores La Grande Nord
A geophysical program by Noranda (NOR-T) will explore polymetallic showings at its La Grande Nord property in Quebec.Previous work, including trenching and grab samples, at the 330-sq-km property, nea…
Permit paves way for mine start-up
Toronto-based Wheaton River Minerals (WRM-T) has moved one step closer to re-opening the Golden Bear gold mine in northwestern British Columbia.Wheaton River controls the heap-leach operation through …
Birim drills Akrokeri in Ghana
Montreal-based Birim Goldfields (BGI-T) has completed a first-phase, surface drill program at the past-producing Akrokeri gold mine in Ghana.The 4,800-ha property in the Ashanti belt is 90%-owned by B…
Rea Gold acquires Brazilian project
Junior Rea Gold (REO-T) has signed a letter of intent to acquire the Pitangui gold project in Brazil.Terms of the agreement call for the company to pay owner Luxembourg-based Minorco a total of US$5.1…