RTZ inks deal with Ecuadorian
Mining conglomerate RTZ (NYSE) intends to acquire a controlling interest in the Beroen gold property, west of Cuenca, Ecuador.The current owner, Ecuadorian Minerals (TSE), has identified several areas…
News
TSE short positions (November 27, 1995)
Short positions outstanding at October 31, 1995Larger individual positions included: Barrick Gold 5,459,772; Agnico-Eagle 195,525; Anderson Expl. 132,100; Bema Gold 1,366,400; BGR Precious Metals 114,…
Correstions
The Minoro property held by Tombstone Explorations (TSE) and Mar-West Resources (VSE) is situated in Honduras. A recent story on the copper-gold project (T.N.M., Nov. 20/95) did not state the property…
Approval still pending for Azco-Phelps Dodge deal
Six months have passed since Azco Mining (AMEX) announced it was selling two copper deposits — one in Arizona, the other in Mexico — and the board of directors is still having difficulty convincing …
Greenshield completes survey on Alexis River property
Airborne surveying has been completed on the Alexis River property of Greenshield Resources (CDN), 250 km southeast of Goose Bay, Labrador. The survey shows zones of high magnetic susceptibility that …
Breckenridge eyes Chinese project
Junior Breckenridge Resources (VSE) intends to develop the Xiacun zinc-lead-silver project in China’s Szechwan province, near the Tibetan border. To do so, it must complete a bankable feasibility stud…
Toronto Stock Exchange Indices (November 27, 1995)
— 1995 — Nov 21Nov 20Nov 17Nov 16Nov 15HighLowComposite”300″4624.704600.754599.644575.714560.494718.273983.34Metals&Minerals5141.114970.074937.974927.034927.745276.123273.56Inte…
ODDS’N’SODS – J. Brickyard provided oasis in a dry land
In the 1920s, Timmins, Ont., was a real boom town. Schools, hospitals, hotels and storefronts used “brick” construction. With Kirkland Lake emerging, and both communities adjacent to the great clay be…
GOLD FUNDS (November 27, 1995)
Gold Funds as of November 16, 1995BGRCentralNet Value$17.03$6.60Price$13.38$6.250Discount21.44%5.3%Value$133,113,000$113,120,625…
Spot prices at a glance (November 27, 1995)
Wednesday, November 22, 1995Week’s Price (US)ChangeGold*$385.30-$0.30Silver*$ 5.30-$0.04Platinum*$413.75-$2.25Nickel**$ 3.87+$0.08Lead**$ 0.34+$0.03Copper $ 1.36+$0.01Zinca$ 0…
STOCK MARKETS — Resource stocks lead stubborn bull forward
The Toronto Stock Exchange moved slightly higher during the report period ended Nov. 21, drawn along by strength in the natural resource stocks. The TSE 300 composite index gained 52.54 points, or 1.1…
STOCK MARKETS — Winter weather casts pall over western markets
Western markets turned in a lacklustre performance over the report period ended Nov. 21. The Vancouver Stock Exchange resource index slipped two points to close at 1,252.47, while the composite index …