Alberta Energy takes control of Conwest Expl.
With 94% of the common shares of Conwest Exploration (TSE) tendered, oil and gas producer Alberta Energy (TSE) has completed its friendly takeover bid for the company.Conwest shareholders elected to r…
News
TSE Short positions outstanding at December 29, 1995
Larger individual positions included: Barrick Gold 6,246,906; Agnico-Eagle 121,543; Bema Gold 1,152,400; Caledonia M’g 274,300; Cambior 106,775; Campbell 1,046,900; CS Res. 1,011,100; Cons Ramrod Gold…
Champion Resources options gold-copper project in Honduras
Champion Resources (VSE) can earn half of Toronto-listed Tombstone Resources’ interest in the Minoro gold-copper project in Honduras.The project is currently an 80-20 joint venture between Tombstone a…
Gold Funds as of January 11, 1996
BGRCentralNet Value$19.05$6.89Price$17.00$7.00Discount10.74%1.6%Value$148,906,000$126,695,100…
Electra advancing Aurora property
Prefeasibility work at the Aurora gold mine, 28 miles southwest of Hawthorne, Nev., is expected to wind down by the end of February.Mine owner Electra Mining Consolidated (VSE) is working to outline a…
STOCK MARKETS — TSE runs out of steam in quiet trading
The decline continued this week on the Toronto Stock Exchange, with the TSE 300 composite index posting four days of losses in light trading, followed by a 1-day buying spree.Over the period Jan. 10-1…
DIAMOND NEWS — Winter drills turning at Fort la Corne project
Results from last year’s mini-bulk sampling at the Fort la Corne diamond project in Saskatchewan have prompted a winter drilling program.The project is a joint venture among Kensington Resources (VS…
STOCK MARKETS — Western markets push ahead as gold stalls
Although the rally in bullion markets failed to propel the yellow metal through the US$400-per-oz. level, western markets managed to hit a high note at the end of the report period ended Jan. 16.The V…
GREATEST VALUE TRADED, Jan. 10-16
Value($000s)HighLowCloseChange Barrick Gold T256123$40 1/237 1/238 3/8- 1 1/4Placer Dome T201756$37 1/234 5/836 1/8- 3/4Alberta EnergyT108892$23 1/822 1/822 1/2- 1/2TVX Gold Inc …
CIM to shed light on Voisey’s Bay
The Voisey’s Bay nickel-copper-cobalt project in Labrador will be the subject of a luncheon talk to be held at noon on Jan. 23, at the Westin Hotel in Ottawa.The event is being sponsored by the Ottawa…
Quebec boosts mineral shipments
According to preliminary data for 1995, both the value of Quebec’s mineral shipments and the total investment in the province’s mining industry were up from the previous year.Mineral shipments from Qu…
Experts highlight emerging trends at Copper College
A team of professionals will shed light on copper markets at Copper College ’96, a symposium scheduled for Feb. 27-March 3 in Scottsdale, Ariz.The experts have been assembled by the American Copper Co…