STOCK MARKETS — Western indices movin’ on up
The Vancouver Stock Exchange composite index rose 19.4 points over the report period ended Nov. 12 to close at 1,154.5, while the resource index tacked on 9.97 points to finish at 2,345.12.At the requ…
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STOCK MARKETS — Mines rebound to outpace market
The gold and base metal issues on the Toronto Stock Exchange finally bounced back after several weeks on the canvas to lead the market. Over the report period Nov. 6-12, the TSE 300 composite index ga…
LME WAREHOUSE LEVELS (November 18, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 11/96 (change from previous week in brackets):Copper109,175(-12,000)Tin9,580(-240)Lead114,975(-1,300)Zinc537,475(-3,55…
LETTER TO THE EDITOR — Investors are the real victims of salting
I must comment on a recent editorial (“Exporting Expertise” in T.N.M., Oct.21/96) in order to prevent any misunderstandings about the quality of analyses in our FILAB laboratories, which carried out t…
THE DIAMOND PAGE — Camsell Lake yields more gems
Further analysis of two kimberlite boulders, discovered near the Camsell Lake project in the Northwest Territories, has yielded additional diamonds.Situated 140 miles northeast of Yellowknife, the pro…
ODDS’N’SODS — Red Lake’s melting pot
In the spring of 1961, I was in the process of finishing my first year in geology at Nova Scotia’s Acadia University. I badly needed a summer job if I was to return to university the next fall, but th…
THE DIAMOND PAGE — Lytton, New Indigo advance Jericho project
Bulk-sampling results are enabling partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) to prove up their Jericho diamond project, north of Lac de Gras in the Northwest Territories.The pr…
THE DIAMOND PAGE — Bulk samples reveal diamonds in Arkansas park
Arkansas is finding that one of its parks is living up to its name.Bulk samples from Crater of Diamonds State Park have turned up several diamonds from three trenches recently completed in an effort t…
Junior eyes Savoyardi deposit
A memorandum of agreement with the Kadamdjai Antimony Combine in Kyrgyzstan sets the stage for Phrygian Mining (PHG-V) to earn a 49% interest in the Savoyardi gold deposit by funding all exploration t…
MOST ACTIVE ISSUES (November 18, 1996)
ExchgVol(000s)CloseInmet MiningT103507.55Placer DomeT…
Correction (November 18, 1996)
A development agreement allows Kinross Gold (K-T) to earn a 50% interest in the Vogel property, east of Timmins, Ont., from Black Hawk Mining (BHK-T).Kinross’s agreement with Thunderwood Resources (TH…
Gitennes bullish on Peruvian results
Exploration by Gitennes Explorations (GIT-A) on its Virgen property in central Peru has encountered strong gold mineralization.Channel samples from the surface, along the northern and eastern extensio…