Toronto Stock Exchange Indices (November 04, 1996)
1996Oct 29Oct 28Oct 25Oct 24Oct 23HighLowComposit…
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PRODUCER PRICES (November 04, 1996)
ALUMINIUM: LME settlements US$1,372.50 per tonne (Oct. 29, 1996), alloy US$1,250 per tonne (Oct. 25, 1996).ANTIMONY: Composite free market, US$2,050 per tonne (Oct. 29, 1996).BISMUTH: Composite free m…
EDITORIAL PAGE — Payoff time
The Great Depression of the 1930s still evokes images of soup lines, stock-market casualties, bankruptcies and mortgage foreclosures, topped off by one of the worst droughts in Canadian history.Canada…
Indochina revises plans for Monywa
Indochina Goldfields (ING-T) intends to reduce capital costs and speed up construction at its Monywa open-pit copper project in central Myanmar.The company hopes to cut costs by about US$35 million by…
IMPACT Minerals gains ground in Dominican Republic
Junior IMPACT Minerals (IPT-V) has entered into two separate option agreements with Energold Mining (EGD-V) on properties in the Dominican Republic.IMPACT can earn a 60% interest in the Majagual conce…
Golden Bear tests Indonesian prospect
Junior Golden Bear Minerals (GB-V) is encouraged by results from an 8-hole drill program on the Beruang Mas South project in southern Sumatra, Indonesia.In addition, a closely spaced geophysical progr…
SAR makes move on copper-cobalt prospect in Zaire
Junior South Atlantic Resources (SCQ-V) has received approval from the Zairean government to proceed with its attempt to bid on the Ruashi-Etoile copper-cobalt project.The company will submit its fina…
New JV for Kazakhstan Goldfields
Kazakhstan Goldfields (KGFC-C) has acquired a 75% interest in the Gold Pool joint venture.The project consists of three gold mines in north-central Kazakhstan, with an exploration licence covering abo…
GOLD FUNDS (October 28, 1996)
Gold Funds as of October 17, 1996BGRCentralNet Value$23.34$6.30Price$18.70…
Newfoundland branch of CIM sets annual general meeting for November
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will host its annual meeting from Nov. 7 to 9 at the Delta Hotel in St. John’s.Entitled “Mineral Development i…
THE DIAMOND PAGE — DiamondWorks gears up for international diamond search
Shareholders of Carson Gold (CQJ-V) have unanimously approved the acquisitions of diamond projects in Africa and China. Appropriately, the company will henceforth be known as DiamondWorks.”We are seei…
THE DIAMOND PAGE — Verena hunts for Brazilian gems
Verena Minerals (VMCO-T) has begun exploring for diamonds and gold on its Porto Nacional properties in Brazil.The program is being conducted by RTZ-CRA (NYSE) as part of a joint-venture agreement betw…