NEWS IN BRIEF (January 20, 1997)
Consolidated Cline Development (CFD-V) has changed its name to Cline Mining (CMK-V).
Consolidated Cline Development (CFD-V) has changed its name to Cline Mining (CMK-V).
Radar Acquisitions (RAC-A) has acquired an option to buy two mineral claims in northern Saskatchewan, where prospective kimberlite indicator minerals have been found.The company plans to conduct an ai…
Junior Shore Gold (SGF-A) has recovered diamonds from two newly discovered kimberlite bodies at its 75%-owned Fort la Corne project, 80 km east of Prince Albert, Sask.This past fall, Shore tested pros…
The previously announced merger of World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) has been terminated. In addition, World Wide will not purchase the stake in Kazakstan Goldfields held b…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
Gold Funds as of January 9, 1996BGRCentralNet Value$21.35$5.88Price$16.90…
The Vancouver Stock Exchange composite index closed up 12.63 points at 1,191.02 for the report period ended Jan. 14, while the resource index finished at 2,264.75, off 11.99 points.Trade Wind Resource…
The Toronto Stock Exchange’s composite 300 index rose 1.8% during the trading period Jan. 8-14, hitting a record high of 6054.86. The previous record was 6018.65, set on Nov. 28, 1996. It was the sixt…
A $425,000 exploration program is under way at the Balsam base metal property in the Hanson Lake area of northern Saskatchewan.The project is a 50-50 joint venture between Aur Resources (AUR-T) and Tr…
ALUMINIUM: LME settlements US$1,590.50 per tonne, alloy $1,508 per tonne (Jan. 14/97).ANTIMONY: Composite free market, US$2,350 per tonne (Jan. 14/97).BISMUTH: Composite free market US$3.25 per lb. (J…
Drilling at Timbuktu Gold’s (TBT-A) Sitakili gold concession in Mali is set to begin, while a meeting to change the company’s name has been postponed.The Calgary-based junior has contracted Boart Long…
Wednesday, January 15, 1996Price (US)Week’s ChangeGold*$352.45- $3.35Silver*$ 4.65…
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