GREATEST VALUE TRADED (December 25, 1995)
Barrick Gold T174175$36 7/835 1/236-1Placer Dome T153065$34 5/832 7/833 3/8-1 5/8Inco Ltd T83909$49 3/4 47 1/447 7/8-1/2Franco-Nev T40172$827879 1/2-2 3/8Sherritt T39589…
1995
Venture combines Acadia, two offshore companies
Three companies would be folded into one under a proposed restructuring plan for Acadia Mineral Ventures (CDN).The arrangement would see Messina Copper (Botswana), owner of a Botswanan copper property…
STOCK MARKETS — Christmas doldrums keep western markets flat
Western markets were sideswiped by the Christmas doldrums over the report period ended Dec. 19. The Vancouver Stock Exchange resource index dropped 23.66 points to close at 1,241.52, while the composi…
STOCK MARKETS — Drop in interest rate causes late TSE rally
The Toronto Stock Exchange suffered heavy losses during the report period ended Dec. 19, but a drop in interest rates spurred a 40-point rally on the last day, which left the TSE 300 composite index a…
FINANCING (December 25, 1995)
Pan American Silver Corp. — 4,000,000 Common shs and 2,250,000 Common sh purchase wts upon the exercise of 4,000,000 special wts issued at 3,500,000 special wts at $7.00 per wt and 500,000 special wt…
Geological studies shed light on Kidd Creek mine
Studies have enabled Falconbridge to increase reserves at its Kidd Creek copper-zinc mine, north of Timmins, Ont.Moreover, the research has resulted in a new mine model which could lead to additional …
GOLD FUNDS (December 25, 1995)
Gold Funds as of December 14, 1995BGRCentralNet Value$17.53$6.58Price$14.13$6.375Discount19.43%3.1%Value$137,066,000$115,383,038…
Spot prices at a glance (December 25, 1995)
Wednesday, December 20, 1995Week’s Price (US)ChangeGold*$387.10-$1.00Silver*$ 5.12-$0.04Platinum*$405.65-$7.60Nickel**$ 3.66-$0.03Lead**$ 0.32-$0.01Copper{$ 1.30-$0.05Zinc{{$…
Castle Rock shifts its focus
Exploration prospects in Labrador have eclipsed those in Mexico for Castle Rock Explorations (VSE).The company will sell its Mexican interests to an arm’s-length third party and will direct its financ…
METAL PRICES — FREE MARKET (December 25, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Copper2840-2845 2910-29122868-28733000-30052990-2995Lead709-711702-703704.5-705.5725.5-726…
Meetings (December 25, 1995)
MEETINGSJan. 3, Kuma Res. Jan. 4, Starcore Jan. 4, Teuton Jan. 5, AbaddonJan. 5, Mishibishu Jan. 5, Dufresnoy Jan. 8, Banff Jan. 8, Int’l Star Jan. 9, Lago Jan. 9, MinorcaJan. 9, PointerJan. 10, GMD R…
Index (December 25, 1995)
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