Interest rate worries set off a round of selling on the Toronto Stock Exchange last week, and the TSE 300 composite index had fallen to 4,963.80 by the close of trading Feb. 20. The close represented …
Allan Resources (ALO: VSE) has changed its name to Fortress Financial (FFN:VSE).
1996 Feb 20Feb 19Feb 16Feb 15Feb 14HighLowComposite”300″4963.805026.375044.605026.095059.695066.793983.34Metals&Minerals5145.515232.805278.455221.955256.985382.203273.56Integrated M…
Montreal-listed Auriginor Exploration has acquired a 32% share of eight claim blocks from Palace Explorations (ME) in the Voisey’s Bay and Harp Lake regions of Newfoundland.To earn its interest in the…
Exploration of copper and gold prospects near Papua New Guinea are paying off for Australian-based Nord Pacific (NASDAQ).On Simberi Island, bulldozer trenching at the Sorowar prospect discovered gold-…
Copper producers have enjoyed robust prices of late, and though prices may weaken with an increase in supply, the long-term outlook for demand remains bullish.Many producers of the red metal have bene…
Despite a decrease in production and an increase in cash costs over the past year, Golden Shamrock Mine (TSE) is looking to turn its operations around in 1996.Production at the Iduapriem gold mine in …
Claude Resources (ASE), Saskatchewan’s largest gold producer, is beginning underground diamond drilling at its Seabee gold mine, on the property surrounding it and on a newly acquired property in Mani…
Drilling has resumed at the Baramita property in northwestern Guyana.The property is held under a joint-venture agreement between Canarc Resource (TSE) and Echo Bay Mines (TSE). The latter invested US…
In Newfoundland, drills are turning on the Pekan River property of Diadem Resources (ME).The property, which straddles the Quebec-Newfoundland border 50 km south of Wabush, Nfld., covers a copper-nick…
Results from drilling carried out in autumn, 1995, at the Stibnite gold mine in Idaho are sufficiently encouraging that follow-up drilling is planned.Dakota Mining (TSE) drilled 24 reverse-circulation…
Coeur d’Alene Mines and a consortium of native groups have entered an agreement to construct and operate the Kensington gold mine in southeast Alaska.The three native corporations, Goldbelt, Kake Trib…
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