Carson acquiring international diamond assets
A past-producing diamond mine in Sierra Leone has become the latest African acquisition of Carson Gold (CQJ-V), and, in a simultaneous development, Carson’s board has resolved to change the company’s …
News
Literature Review
To receive literature on companies featured in the The Northern Miner’s recent Literature Review, please fax the coupon on page B8 of our Sept. 9 issue to (416) 510-6875, or mail it to: Northern Miner…
GOLD FUNDS (September 16, 1996)
Gold Funds as of September 5, 1996BGRCentralNet Value$25.06$6.56Price$18.55…
TSE short positions (September 16, 1996)
Short positions outstanding at August 31, 1996Larger individual positions included: Barrick Gold 9,911,619; Agnico-Eagle 235,653; Asia Pacific 150,425; Anvil Range Mining 526,920; Anderson Expl.335,80…
Laverton extends Rawas gold zone in southern Sumatra
Drilling on the Rawas gold project in southern Sumatra, Indonesia, has added about 550 metres of strike potential to the Berenai vein structure.Drilling north of the Berenai open pit, Laverton Gold (L…
Midas partners boost exploration budget
By year-end, partners Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) expect to have received a prefeasibility study on the Rex-Grande deposit in Nevada.Eight rigs are drilling the Rex-Grand…
Wilanour shareholders sink Goldcorp deal
A deal that would have seen Wilanour Resources (WLR-T) sell its Cochenour mine and mill east of Red Lake, Ont., to Goldcorp (G-T) failed to win shareholder approval at the former’s annual meeting.Unde…
KazMinCo doubles resource at Varvarinskoye
Prefeasibility drilling on the Varvarinskoye gold-copper deposit in Kazakhstan continues to return encouraging results for Kazakhstan Minerals (KMC-T), which has almost doubled its resource estimate f…
Impact Minerals explores gold anomaly at Eagle Mountain property in Guyana
At the Eagle Mountain gold property in Guyana, geochemical work by Impact Minerals (IPT-V) has outlined an open-ended gold anomaly covering old workings and a known vein occurrence.The company’s explo…
Barrick financing funds Chesbar’s Venezuelan projects
A financing agreement with Barrick Gold (ABX-T) will enable Chesbar Resources (CBI-T) to explore its gold concessions in Venezuela.Barrick will buy $2 million worth of Chesbar shares at $1.50 per shar…
Drilling expands Copper Rand mine
Underground drilling is expanding the Copper Rand gold-copper mine, just south of Chibougamau, Que.MSV Resources (MSV-T) reports that hole 36R-284 cut the mine’s No. 1 and No. 3 horizons, plus another…
GREATEST VALUE TRADED, September 4-10
ExchValue($000s)HighLowCloseChangeBarrick GoldT14…