1996

ExchgVol(000s)CloseInmet MiningT103507.55Placer DomeT…

A development agreement allows Kinross Gold (K-T) to earn a 50% interest in the Vogel property, east of Timmins, Ont., from Black Hawk Mining (BHK-T).Kinross’s agreement with Thunderwood Resources (TH…

Exploration by Gitennes Explorations (GIT-A) on its Virgen property in central Peru has encountered strong gold mineralization.Channel samples from the surface, along the northern and eastern extensio…

ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…

1996Nov 12Nov 11Nov 8Nov 7Nov 6HighLowComposite”3…

Gold Funds as of November 7, 1996BGRCentralNet Value$22.70$6.06Price$17.90…

Following the decision in the Ontario Court (General Division) overturning the order to freeze $152 million in Inco (N-T) shares held by Robert Friedland (T.N.M., Nov. 11/96), the U.S. Department of J…

A conference on the future of the titanium dioxide industry will be held April 29-30, 1997, at the Stanley Park Hotel in Vancouver, B.C.Entitled “TiO2 ’97 — A View to 2000,” the conference is aimed a…

Toronto-based Sherritt International (S-T) has entered into an underwriting agreement for the issuance and sale of $300 million worth of 6%, 10-year, convertible, unsecured, subordinated debentures.Th…

A 10-hole drill program by MacDonald Mines Exploration (MMP.A-A) is testing several geophysical and geochemical anomalies on the Florencia concession in Cuba.MacDonald is currently earning a 49% inter…

Short positions outstanding at October 31, 1996Larger individual positions included: Barrick Gold 9,702,563, up 345,297; Agnico-Eagle 499,743, down 127,300; AJ Perron Gold 323,400: Adex Mining 192,505…

Nuinsco Resources (NWI-T) will issue shares to Western Troy Capital Resources (WRY-A) in exchange for the latter’s 4.9% interest in Nuinsco’s Rainy River property, near Fort Frances, Ont.Subject to th…