TORONTO STOCK EXCHANGE INDICES (August 05, 1996)
1996July 30July 29July 26July 25July 24HighLowCom…
1996
TSE SHORT POSITIONS (August 05, 1996)
Short positions outstanding at July 15, 1996Larger individual positions included: Agnico-Eagle 174,933, down 191,410; Arequipa 114,010, down 122,900; Anvil Range Mining 433,900; Atna Resources 98,800,…
PRODUCER PRICES (August 05, 1996)
ALUMINIUM: LME settlements US$1,486 per tonne (July 30, 1996), alloy US$1,257 per tonne (July 23, 1996).ANTIMONY: Composite free market, US$2,775 per tonne (July 30, 1996).BISMUTH: Composite free mark…
Band-Ore drilling picks up more gold
Drills at the Thorne property, west of Timmins, Ont., continue to encounter more mineralization as they progress eastward along strike.Band-Ore Resources (BNDR-C) has confirmed that hole TH96-60, coll…
NDT Ventures, Takla Star cut sulphides at Nain area project– It’s not Voisey’s Bay II, but it’s a start.
NDT Ventures (NDE-V) has hit its best drill intersections to date on its Project 44 property, a joint venture with Takla Star Resources (TKR-A), just west of the Labrador town of Nain.Still, the nicke…
EDITORIAL PAGE — Indonesia recognizes the need for change
Indonesia’s economic and political regime may seem relatively stable, but recent anti-government riots in the streets of Jakarta suggest otherwise.The country is experiencing an economic boom, as evid…
Asquith steps up drilling at African gold properties
Several drill programs are under way on Asquith Resources’ (ASQH-C) gold properties in Africa and at home.In the Central African Republic, the junior has launched a percussion drilling program to foll…
Platinova discovery ups chances for Peary Land
A zinc discovery at the Peary Land project on the northern tip of Greenland may supply the high-grade tonnage Platinova A/S (PAS-T) needs to develop the property.Drilling between the Discovery and Bea…
FINANCING (August 05, 1996)
Fancamp Resources — 2,500,000 units consisting of 1 common sh and 1/2 common share purchase wt issuable upon the exercise of previously issued special wts @ $1.00 per special wt.Golden Rule Resources…
Western Copper and Thermal merge
The boards of Western Copper Holdings (WTC-T) and Thermal Exploration (THR-A) have approved a merger proposal.The arrangement is expected to expedite financing of the Carmacks copper project in the Yu…
PEOPLE — BATTLE MOUNTAIN GOLD
Karl Elers appointed chairman; Ian Bayer appointed president and director; R. O’Connell appointed executive vice-president of finance and corporate development and chief financial officer; Ian Atkinso…
Drilling firms up Fyre Lake play
At the Fyre Lake property in the Finlayson Lake district of southeastern Yukon, Columbia Gold Mines (COB-V) has completed 23 holes in a planned 10,000-metre program.The holes range in depth from 30 to…