Toronto Stock Exchange Indices (June 24, 1996)
1996June 18June 17June 14June 13June 12HighLowCom…
News
Mill being built at Nugget Pond
A mill is being constructed at the Nugget Pond property at Baie Verte, Nfld.Owner Richmont Mines (RIC-T) expects to reach production in March, thereby boosting its total gold output from Canadian oper…
Aussie dispute over Super Pit settled
An agreement has been reached between Homestake Mining (HM-N) and Gold Mines of Kalgoorlie (GMK) over disputed production shares at Western Australia’s Super Pit.GMK has accepted Homestake’s US$51.4 m…
BASE METALS SPECIAL — USMX search uncovers copper
A gold exploration effort in Mexico has turned up a number of base metal prospects that will be further explored by USMX (USMX-N) or its joint-venture partners.The list includes Las Rastras in Sonora …
Drilling expands East Amphi
Drilling has expanded the resource at the East Amphi gold project near Malartic, Que.Diamond drilling, conducted in 1995 and 1996 by Placer Dome (PDG-T), has increased the geological resource at East …
MOST ACTIVE ISSUES, June 12-18
ExchgVol(000s)CloseArizona StrV148676.50BRE-X MnrlsT…
Royal Oak buys Nfld. gold property
By acquiring a gold property near its Hope Brook operations in Newfoundland, Royal Oak Mines (RYO-T) has secured a supply of mill feed that will take it into the next century.Royal Oak purchased the C…
DIAMOND PAGE — Argyle producers and CSO go separate ways
Argyle Diamonds will not renew its marketing contract with the Central Selling Organization (CSO) when it expires at the end of the month.Argyle is a joint venture consisting of RTZ-CRA, Ashton Mining…
Government and Ok Tedi partners reach a settlement in environmental lawsuit
A settlement has been reached in the lawsuit facing BHP Minerals and Ok Tedi Mining, an 18%-owned subsidiary of Inmet Mining, over the disposal of tailings from the companies’ copper-gold mine in Papu…
Big Valley drilling near Mount Polley
A drill program operated by Big Valley Resources (BV-A) is testing the Lloyd-Nordik and BV properties adjacent to the Mount Polley gold-copper mine being constructed in central British Columbia.The 9-…
Redaurum starts production at Kelsey Lake diamond mine
Production is in full swing at the first commercial diamond mine in North America.Nestled high in the the foothills of the Rocky Mountains of northern Colorado, the Kelsey Lake operation started up in…
PRODUCER PRICES (June 24, 1996)
ALUMINIUM: LME settlement US$1,455 per tonne (June 17, 1996).ANTIMONY: Composite free market, US$2,925 per tonne (June 17, 1996).BISMUTH: Composite free market US$3.56 per lb. (June 14, 1996).CADMIUM:…