The Toronto Stock Exchange composite index set four records in five trading days over the report period Sept. 18-24, to finish at 5299.66 points, up 31.18 points, or 0.6%, on the week.Trading volumes …
Gold Funds as of September 19, 1996BGRCentralNet Value$25.11$6.46Price$18.55…
More than 450 members of the American mining industry recently gathered at the National Mining Hall of Fame to applaud the induction of six pioneers.All but two of this year’s inductees are deceased.*…
ExchngValue($000s)HighLowCloseChangePlacer DomeT1…
A recent diamond discovery in western Greenland will be followed up with a $6.5-million exploration program over the next year.Toronto-based Platinova A/S (PAS-T) recovered the clear, white stone whil…
Australian junior Ocean Resources (OCR-V) has taken its search for alluvial diamonds to the coast of Borneo.The Perth-based company has a history of exploring for gold, diamonds, uranium and mineral s…
ALUMINIUM: LME settlements US$1,355.50 per tonne (Sept. 24, 1996), alloy US$1,197 per tonne (Sept. 20, 1996).ANTIMONY: Composite free market, US$2,500 per tonne (Sept. 23, 1996).BISMUTH: Composite fre…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateSept. 24Sept. 23Sept. 20Sept. 19Sept. 18…
Exploration in the vicinity of the Nixon Fork gold mine, near McGrath, Alaska, has uncovered a low-grade gold occurrence.Consolidated Nevada Goldfields (KNV-T) reports that drilling has confirmed the …
Worldwide gold production is expected to increase over the next three years, to 83.1 million oz. by 1998, according to The Gold Institute’s annual World Gold Mine Production forecast.South Africa cont…
A 22-hole drill program at the Riyadh concession in southwestern Ghana has confirmed gold mineralization in a vein structure 2.6 km long.International Tournigan (ITG-V) is spending $2.5 million to exp…
Thirty years ago, it was not uncommon for geologists and miners to engage in job-hopping. A new employer, however, was no guarantee of improvement.From 1964 to 1969, I was in charge of a U.S Geologica…
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