TSE INDICES (February 12, 1996)
1996Feb 6Feb 5Feb 2Feb 1Jan 31HighLowComposite”300″5049.475033.325031.975011.084968.435049.473983.34Metals&Minerals5324.105230.115251.355221.865172.965328.293273.56Integrated Mine…
News
Symposium focused on emerging mining markets
The more than 200 delegates who attended the Global Mining Opportunities Symposium in Toronto got a taste of how exploration and development work is taking shape in the world’s emerging mining markets…
Greenshield prepares to drill in Labrador
Having completed an airborne magnetic-electromagnetic survey on its Labrador claims, Greenshield Resources (CDN) is carrying out additional geophysical work in preparation for drilling.The company hol…
Drilling resumes at the Clinton project
In a move to increase its reserves to at least 5 million tons, New Goldcore Ventures (ME) has resumed drilling on the Clinton copper-zinc project in Quebec.Situated in the Eastern Townships, the prope…
Spot prices at a glance (February 12, 1996)
Wednesday, Febuary 7, 1996Week’sPrice (US)ChangeGold*$414.75+$11.55Silver*$ 5.82+$0.30Platinum*$431.00+$12.75Nickel**$ 3.80-$0.04Lead**$ 0.35+$0.01Copper $ 1.17$0.00Zinca$ 0….
STOCK MARKETS — Rising gold price ignites western markets
Gold’s surpassing the US$410 per-oz.-level lit a fire under Western markets, sending the Vancouver Stock Exchange resource index up over 240 points to 1,789.18 during the report period ended Feb. 6.Th…
Campbell Res. raises funds for acquisition
Campbell Resources (TSE) has agreed to sell between 12 million and 18 million units at US$1.25 each.A unit will consist of one common share and a half-share purchase warrant. A full purchase warrant w…
STOCK MARKETS — Golds shoot skyward as bullion price jumps
The Toronto Stock Exchange continued to set records during the report period period Jan. 31 to Feb. 6, with resource stocks making strong gains. The TSE 300 composite index rang up a 61.6-point (1.2%)…
Drilling planned at Bend deposit
The joint venture of Sharpe Energy & Resources (CDN), Freewest Resources Canada (TSE) and Cyprus Amax Minerals (NYSE) will drill an electromagnetic (EM) anomaly 3.7 km northeast of the Bend massive su…
METAL PRICES (February 12, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateFeb. 5Feb. 4 Feb. 2Feb. 1Jan. 31Copper2685.5-2670.52562-2564 2576-25782589-25912564-2566Lead759-761 767.8-768.5 768-769777.5-…
METALS AND MINERALS — Coal industry gears up for second export boom
Coal is a mineral commodity that rarely captures the interest of investors and mining analysts. That perception may change now that the outlook coal markets is improving in response to economic activi…
Pentland ponders underground programs in Hoyle Twp.
With three gold properties taking shape near the Bell Creek mine in northeastern Ontario, Pentland Firth Ventures (TSE) is formulating underground programs, to be implemented in the third quarter.Gold…