More gold for Anthian in Bolivia
Vancouver-based Anthian Resource (ANR-V) has confirmed gold mineralization at the Liphichi property in Bolivia.Hole PG-4, one of four diamond drill holes for which results have been received, returned…
News
Laramide bids to take over Aquiline
With an eye on two promising Mexican properties, Laramide Resources (LAM-T) has launched a $5.3-million takeover bid for all outstanding shares of Aquiline Resources (AQI-V).Laramide already holds a 3…
Normabec eyes Mina Eureka
Junior Normabec Mining Resources (NMB-M) plans to acquire the Mina Eureka gold property in Jujuy province, Argentina.For its interest in the 14,000-ha property, Normabec must spend US$2 million in exp…
Stroud gets set to go underground at Hislop
Junior Stroud Resources (SDR-T) is seeking funds to develop its Hislop gold project near Matheson, Ont., while, at the same time, putting the finishing touches on a joint venture in Indonesia.The juni…
Teck acquires JV in Chile
Vancouver-based Teck (TEK-T) has acquired a 60% interest in the Lobo and Marte gold properties in Chile’s Maricunga district.The agreement is between Teck, which is acting through wholly owned subsidi…
Dakota finds more gold in South Dakota
A drilling program by Dakota Mining (DAK-T) is expanding the Anchor Hill gold deposit at the Gilt Edge property in South Dakota.The company says the program also led to the discovery of significant mi…
Goldbrook, Shane explore prospect
Juniors Goldbrook Explorations (GDK-A) and Shane Resources (SEI-V) have jointly optioned the Pipeline gold prospect just southwest of Beardmore, Ont.A program of geophysical surveys and stripping is u…
Radisson Mining withdraws from Eastmain mine
Radisson Mining Resources (RDS-M) will not exercise its option on MSV Resources’ (MSV-M) Eastmain gold mine. Radisson could have earned a half interest by investing $8 million in reopening the mine, s…
TSE INDICES (December 23, 1996)
1996Dec 17Dec 16Dec 13Dec 12Dec 11HighLowComposit…
Spot prices at a glance (December 23, 1996)
Wednesday, December 18, 1996Price (US)Week’s ChangeGold*$369.00- $0.60Silver*$ 4.8…
LME WHSE LEVELS (December 23, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.16/96 (change from previous week in brackets):Copper115,375(+10,100)Tin9,790(-70)Lead122,625(+350)Zinc516,550(-4,950)Al…
GOLD FUNDS (December 23, 1996)
Gold Funds as of December 12, 1996BGRCentralNet Value$22.36$6.11Price$16.75…