Manitoba program funds 36 projects
Manitoba’s Mineral Exploration Assistance Program (MEAP) has approved 36 programs for funding, and will provide the projects with $2.7 million.The program, which underwrites up to 35% of qualifying mi…
News
Atapa acquires more ground in Indonesia
Toronto-based Atapa Minerals (CDN) has signed its second joint-venture agreement with PT Aneka Tambang (ANTAM) to explore and develop the latter’s properties in Java, Indonesia.Atapa’s new agreement w…
Greatest Value Traded (February 26, 1996)
Diamond Flds T248070$38 1/23737-13/8Barrick Gold T192029$43 3/4413/442+1/4Placer Dome T176543$40 1/8377/838-5/8Echo Bay Mns T149078$20 181/219 1/8+1/4BRE-X Mnrl A…
Minorco to get 75% of Loma de Hierro
Minorco subsidiary AMSA will acquire a 75% interest in the Loma de Hierro nickel project from Jordex Resources (TSE) and Venezuelan partner Corporacion Caracas.A previous agreement entitles AMSA, whic…
Nugget Resources exploring for Indonesian gold
Another Canadian junior, Nugget Resources (ASE), is joining the search for Indonesian gold.Nugget has obtained the exclusive option to buy a 5,000-hectare property, which lies on a gold-bearing trend …
STOCK MARKETS — Western markets manage to sustain recent momentum
Western markets managed to hold on to recent gains over the report period ended Feb. 20, despite gold’s slide below the US$400-per-oz. level.The Vancouver Stock Exchange composite index touched a new …
STOCK MARKETS — TSE slides as gold continues to atrophy
Interest rate worries set off a round of selling on the Toronto Stock Exchange last week, and the TSE 300 composite index had fallen to 4,963.80 by the close of trading Feb. 20. The close represented …
NEWS IN BRIEF (February 26, 1996)
Allan Resources (ALO: VSE) has changed its name to Fortress Financial (FFN:VSE).
Toronto Stock Exchange (February 26, 1996)
1996 Feb 20Feb 19Feb 16Feb 15Feb 14HighLowComposite”300″4963.805026.375044.605026.095059.695066.793983.34Metals&Minerals5145.515232.805278.455221.955256.985382.203273.56Integrated M…
Auriginor buys Voisey’s Bay interests
Montreal-listed Auriginor Exploration has acquired a 32% share of eight claim blocks from Palace Explorations (ME) in the Voisey’s Bay and Harp Lake regions of Newfoundland.To earn its interest in the…
Nord Pacific finds copper, gold in PNG
Exploration of copper and gold prospects near Papua New Guinea are paying off for Australian-based Nord Pacific (NASDAQ).On Simberi Island, bulldozer trenching at the Sorowar prospect discovered gold-…
EDITORIAL PAGE — What goes around, comes around
Copper producers have enjoyed robust prices of late, and though prices may weaken with an increase in supply, the long-term outlook for demand remains bullish.Many producers of the red metal have bene…