Greater Lenora to decide on Goldfields
Greater Lenora Resources (TSE) will decide in January whether to bring its Goldfields project into production.The company is in discussions with merchant banker Rothschild Denver to arrange debt finan…
1995
PEOPLE — DRAGON GEM — Richard Nemis appointed director.
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…
DIAMOND NEWS ROUNDUP — Spider, KWG discover diamonds in James Bay Lowlands
The Kyle 3 kimberlite in the James Bay Lowlands of northern Ontario has yielded 104 diamonds.Four holes drilled by partners Spider Resources (ASE) and KWG Resources (TSE) intersected a diamondiferous …
PEOPLE — ATTWOOD GOLD — Kenneth Berry appointed director.
PEOPLE — BLUE RIBBON — Jack DiMarchi appointed president.
PEOPLE — BOLIVAR GOLDFIELDS –Stephen Dattels and Anthony Williams appointed directors.
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…
PEOPLE — CALCO RES. — Kenneth Fletcher appointed director.
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…
PEOPLE — PETRO PLUS — Urban Casavant, Randy Studer, Gregory Leia, Ralph Newson and Wayne Goranson appointed directors.
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-$0.05Zinc{{$…