PRODUCER PRICES (April 22, 1996)
ALUMINUM: MW U.S. market US76.5-77.5 cents per lb. (April 5, 1996).ANTIMONY: MW New York dealer US$1.80-$1.95 per lb. (April 5, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).C…
News
METAL PRICES — FREE MARKET (April 22, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateApril 16 April 15April 12April 11April 10Copper2565-2567 2591-25932587-25902553.5-2555.52495-2497Lead804-805 820-822815-818 833…
TSE SHORTS (April 22, 1996)
Short positions outstanding at March 29, 1996Larger individual positions included: Barrick Gold 8,685,603; Anvil Range Mining 353,800; Bema Gold 3,330,740; Cambior 103,900; Campbell 1,184,670; Cominco…
Westmin to sell treasury units
Taking advantage of a recent surge in its share price, Westmin Resources (TSE) is selling 10.3 million units from its treasury to a group of underwriters for gross proceeds of roughly $100 million.Eac…
Deal between Atlas and MSV collapses
The recent change in management at MSV Resources (TSE) has spelled the end of a merger proposal between that company and Atlas (NYSE).Andre Fortier, after replacing Mario Caron as MSV’s chief executiv…
Voisey’s Bay mineralization leaps eastward
Drilling at the Voisey’s Bay nickel-copper-cobalt deposit in Labrador has expanded the basal mineralized zone known as the Eastern Deeps.Diamond Fields Resources (TSE), while drilling Hole 244 from a …
ODDS’N’SODS — Hats off
Canada Tungsten had commissioned the rapid aerial reconnaissance of 200 miles of access road that spanned the Yukon and the Northwest Territories in order to determine its schedule for winter freighti…
Financing arranged for TNK in Indonesia
A $10-million financing is providing TNK Resources (CDN) with funds to explore and expand its Indonesian property holdings.The junior plans to increase its interest to 50% from 30% in the Marunda Waha…
Gold zones confirmed at Dossi project
Kinbauri Gold (CDN) drills have hit gold in laterite and at depth in oxidized bedrock at the Dossi gold project in Burkina Faso.Kinbauri, which can earn a 65% interest in the 314-sq.-km project from M…
Meetings (April 22, 1996)
MEETINGSApril 29, Ansell Lake April 29, Even Res. April 29, Golden Bear April 29, Highgrade April 29, Match Capital April 29, Norcen Energy April 29, PMA Res. April 29, Share Mines & Oils April 29, Ve…
STOCK MARKETS — Chilean find boosts trading on western markets
It has been said that nothing drives the Vancouver Stock Exchange better than hot drill results. And that was the case this week, when Arizona Star Resource reported an impressive, high-grade intersec…
LATIN AMERICAN SPECIAL — Crystallex Int’l upgrades operations at its Albino open-pit gold project
Uncertainty over Venezuela’s mining laws is stalling development of the Las Cristinas gold project of Placer Dome, yet this has not dampened the spirits of next-door neighbor Crystallex International …