Toronto Stock Exchange Indices (April 29, 1996)
1996 –Apr. 23Apr. 22Apr. 19Apr. 18Apr. 17HighLowComposite “300”5116.945095.505069.575068.655062.905095.503983.34Metals&Minerals5509.135466.625474.115499.485513.285548.643273.56Int…
News
Spot prices at a glance (April 29, 1996)
Wednesday, April 24, 1996Week’sPrice (US)ChangeGold*$391.10-$0.30Silver*$ 5.32+$0.01Platinum*$403.25+$1.50Nickel**$ 3.61-$0.08Lead**$ 0.370.00Copper $ 1.20+$0.03Zinca$ 0.47…
BYG forming new Yukon company
A newly formed subsidiary of BYG Natural Resources (TSE) will take over that company’s exploration properties, so that BYG itself can concentrate on advancing its Mt. Nansen gold-silver property in th…
Financing (April 29, 1996)
Triton Mining — 3,500,000 Common Shs issuable upon exercise of Special Wts previously isssued @ $5.10 per Special Wt.
GOLD FUNDS (April 29, 1996)
Gold Funds as of April 18, 1996BGRCentralNet Value$24.47$6.66Price$18.80$6.850Discount23.17%2.9%Value$191,308,000$123,980,205…
Cameco earnings nearly double in first quarter
Increased uranium sales helped Cameco (TSE) nearly double its first-quarter earnings to $22 million (or 42 cents per share) this year from $12 million (23 cents per share) in 1995.But Cameco cautioned…
Tests prove positive for Curator Res.
Metallurgical tests are confirming metal recoveries for International Curator Resources (TSE) at its Boleo copper-cobalt project in Baja California Sur, Mexico.The program includes orebody characteriz…
Sutton management wins round of proxy fight
The proxy battle for control of Sutton Resources (VSE) is over for the time being.At a recent meeting, management of Sutton overturned an attempt by James Sinclair to replace the entire board of direc…
COMMENTARY — Responsible mining abroad
Plain common sense and adherence to ethical standards are the best guides to carrying out mining activities in the developing world.Nevertheless, in the words of the great modern thinker and writer, J…
Roxmark Mines steps up work in Ontario’s Geraldton camp
Already the principal land holder in the Geraldton camp, Roxmark Mines (TSE) has added the Northern Empire property, near Beardmore, Ont., to its stable of properties.Situated 80 km west of the Magnet…
Demand for uranium on the rise
Though the Wyoming State Geological Survey does not expect a uranium boom comparable to that of the early 1970s, it predicts yellowcake will again become a major mineral product there and contributor …
McGill to host engineering seminar
The Department of Mining and Metallurgical Engineering at McGill University will present a 2-day course on surface analysis techniques as part of its ongoing professional development seminars.Directed…