News

The Vancouver Stock Market Exchange composite index remained flat over the report period ended Nov. 19, slipping 4.71 points to close at 1,149.79. The resource index closed down 43.5 points at 2,301.6…

ExchValue($000s)HighLowCloseChangeBarrick GoldT36…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.18/96 (change from previous week in brackets):Copper96,125(-13,050)Tin9,235(-345)Lead114,775(-200)Zinc534,750(-2,725)Al…

Diamond drilling by KWG Resources (KWG-T) and 30% partner St. Genevieve Resources (SGV-T) is testing the Douvray-Blondin copper belt in northern Haiti.The belt was previously tested by the United Nati…

The best nickel grade from all the drilling that has taken place in Labrador over the past few years was released this month — yet they are not from Voisey’s Bay.Tapestry Ventures (TPV-V), one of the…

ExchVol(000s)CloseKinross GldT1042410.10Bre-X MnrlsT…

Gold Funds as of November 14, 1996BGRCentralNet Value$23.09$6.19Price$18.35…

Minefinders (MFL-V) has signed a letter of agreement with USMX (USM-T) to acquire 70,000 ha of mineral concessions in northern Mexico’s Sonora state.The Correo gold-copper prospect comprises a former …

The Peruvian subsidiary of Phelps Dodge (PD-N) has terminated the conditional assignment agreement on Rio Amarillo Mining’s (RIO-V) Candelaria porphyry copper project in southern Peru.The US$5-million…

Junior Lago Resources (LAGO-C) and RUX Resources, a private company owned 63% by William Resources (WLM-T), have agreed to merge.William will hold a 56% stake in the new company, which will have an in…

Wednesday, November 20, 1996Price (US)Week’s ChangeGold*$378.60- $3.90Silver*$ 4.9…

1996Nov 19Nov 18Nov 15Nov 14Nov 13HighLowComposit…