GREATEST VALUE TRADED, Jan. 22-28
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
News
Mineral Resources’ bid on hold
Checked in its bid for a 32% stake in Anvil Range Mining (ARO-T), Mineral Resources (MIC-T) says it has been “forced to re-evaluate” its offer for outstanding shares of the company.Mineral Resources m…
MOST ACTIVE ISSUES, Jan. 22-28
ExchgVol(000s)CloseGoldminco MngV143331.56Pure Gld ResT…
LME Warehouse Levels (February 03, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/97 (change from previous week in brackets):Aluminium956,725(-6,600)Copper165,650(+22,425)Lead113,725(-1,650)Nickel48,…
GUEST COLUMN — Africa and the VSE
Africa’s mineral potential is considerable and, as a result, mining companies are taking to heart the advice offered by John Babsone Lane Soule in the 19th century: “Go west, young man.”Africa, which …
Indo Metals-Inco alliance to focus on Indonesia
Junior Indo Metals (IOM-V) will join forces with Inco (N-T) on several of the nickel giant’s polymetallic properties in Indonesia.Under the so-called Maluku strategic alliance, Indo (formerly European…
Noranda options Canagau property
Noranda (NOR-T) is optioning the Canagau gold property of Mountain Lake Resources (MOA-V).Situated in Ben Nevis Twp. in northwestern Ontario, the property comprises 143 mining and 13 patented claims t…
AFRICA SPECIAL — Starpoint Goldfields shoots for summer diamond production
Starpoint Goldfields (STS-V) is aiming for a summer startup at the Yetwene alluvial diamond project in northwestern Angola.The company now holds a 52% interest in the 550-sq.-km concession, which stra…
AFRICA SPECIAL — International Ballater lured by Central African potential
Central Africa has increasingly become the focus of mining and exploration efforts by International Ballater Resources (IBA-V).In 1996, the Vancouver-based junior acquired a 95% interest in the operat…
AFRICA SPECIAL — Tiomin makes titanium find
Toronto-based Tiomin Resources (TIO-T) has discovered a second titanium deposit in Kenya.The resource, estimated at 1.2 billion tonnes grading 3% heavy minerals, was outlined by a 128-hole drill progr…
AFRICA SPECIAL — Botswana Diamondfields bids for concessions
Botswana Diamondfields (BWD-V) has enlisted arm’s-length partners (with which it has no relationship) to secure for the company a majority interest in a diamond concession in southern Africa.If their …
AFRICA SPECIAL — NEWS IN BRIEF
Trimark Resources (TRK-V) has changed its name to International Trimark Resources (IKM-V) on a 1-new-for-3-old-share basis.