Spot prices at a glance (October 14, 1996)
Wednesday, October 9, 1996Price (US)Week’s ChangeGold*$380.90+ $1.70Silver*$ 4.88…
1996
Wolverine partners expand Lynx lens in Yukon
With three drill rigs turning on the newly discovered Lynx lens at the Wolverine project in southeastern Yukon, operator Westmin Resources (WMI-T) and partner Atna Resources (ATN-T) are encountering s…
STOCK MARKET — Eastern markets still riding high
The Toronto Stock Exchange composite 300 index continued to ride high in the period Oct. 2-8, hitting new records on four of the five trading days.The index closed out the week at 5436.54, up almost 1…
Toronto Stock Exchange Indices (October 14, 1996)
1996Oct 8Oct 7Oct 4Oct 3Oct 2HighLowComposite”300…
TSE Short Positions (October 14, 1996)
Short positions outstanding at September 30, 1996Larger individual positions included: Abacan Res. 44,800, down 580,850; Barrick Gold 10,078,747, up 554,246; Agnico-Eagle 694,478, up 366,575; AJ Perro…
Northern Dynasty raises financing
Northern Dynasty Minerals (NDM-V) has arranged a private placement of 600,000 units priced at $1.20 each.A unit consists of one common share and one non-transferable share purchase warrant, which can …
Eden Roc steps up drill-testing
Toronto-based Eden Roc Mineral (EDN-T) is drilling its Aniuri, Asupiri and Adiopan prospects in Ivory Coast to test their potential for hosting sulphide reserves.Other drills are testing exploration t…
ODDS’N’SODS — The discovery of the Aunor
In the mid-1930s, there were only three residents on MacDonald Hill, situated halfway between Timmins and South Porcupine, Ont.Hermann Peltomaki had a nice home, which included a detached lake-front s…
Drilling adds lustre to Swan
Preliminary diamond drilling at the Swan property in north-central British Columbia has returned sniffs of lead-silver-zinc mineralization.In a 783-metre program, Stratabound Minerals (SB-A) tested a …
METAL PRICES — FREE MARKET (October 14, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateOct. 8Oct. 7Oct. 4Oct. 3Oct. 2…
Rhonda confirms find of lead-zinc-silver in Territories
Drilling by Rhonda Mining (RDM-A) at the Epworth property in the Northwest Territories has revealed lead-zinc-silver mineralization averaging 10 ft.thick in 21 drill holes.Ownership of the project is …
Nelson Gold revives Jilau mine
Operations at the Jilau mine in Tajikistan have resumed following discussions between Nelson Gold (NLG-T), the Tajikistani government and International Finance Corporation.Production started in the fi…