Spot prices at a glance (April 03, 1995)
Week’s Price (US) Change Gold* $383.00 + $1.60 Silver* $4.73 + $0.15 Platinum* $420.90 + $8.65 Nickel** $3.41 + $0.05 Lead** $0.27 $0.00 Copper $1.33 – $0.01 Zinc $0.45 – $0.02 Courtesy of Scotiabank….
Articles by Northern Miner Staff
Investment Commentary — Falco’s earnings potential makes it
With development plans proceeding at two projects and growth in earnings expected for 1995, Falconbridge (TSE) should have an excellent year, says First Marathon Securities. Mining analyst John Lydall…
Virginiatown play taking shape for Armistice
Drill results from its gold property in Virginiatown, Ont., are lending encouragement to Armistice Resources (ME). Definition drilling on the 185N zone, at a depth of 1,990 ft. below surface, indicate…
NEWS IN BRIEF (April 03, 1995)
Chiboug Copper has changed its name to Guyana Goldfields on a 1-new-for-4-old-share basis.
Placer Dome, Gold Fields settle Pipeline dispute
Litigation concerning the Pipeline project in Nevada’s Lander Cty. has been resolved, Placer Dome (TSE) reports. The legal dispute began in 1992 when Gold Fields Mining challenged the conduct of Place…
Voisey drilling shows zone continuity
Drilling at the Voisey Bay nickel-copper-cobalt project in Labrador continues to intersect mineralization, indicating the zone has excellent continuity in both grade and thickness. To date, Diamond Fi…
OBITUARY — Mario de Bastiani
A pioneer in the Canadian uranium industry through his involvement in the development of the town of Elliot Lake, Ont., and the startup of Consolidated Denison Mines in 1955, Mario de Bastiani, P. Eng…
Minieres du Nord outlines anomalies
Amos, Que.-based Explorations Minieres du Nord (ME) has outlined five induced-polarization anomalies on its Barry Twp. property. The property, situated in northwestern Quebec, is contiguous with, and …
Metal Prices — FREE MARKET (April 03, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Mar. 28 Mar. 27 Mar. 24 Mar. 23 Mar. 22 Copper 2946-2947 2967-2968 2970-2971 2963-2964 2955-2958 Lead 599-600 603-604 612-614 607-608 60…
PRODUCER PRICES (April 03, 1995)
ALUMINUM: MW U.S. market US86.5-87.5 cents per lb. (March 24, 1995). ANTIMONY: MW New York dealer US$2.30-2.40 per lb. (Feb. 16, 1995). BISMUTH: MW New York dealer US$3.75-3.90 per lb. (Feb. 24, 1995)…
TSE Short Positions (April 03, 1995)
Semi-monthly reports as of Mar. 15, 1995 showed 228,987,690 shares of 784 issues compared with 235,623,529 shares of 758 issues on Feb. 28, 1995. Larger individual positions included: Aber Res. 59,300…
Dome mine adding new ground
The Canadian unit of Placer Dome (TSE) is expanding the Dome gold mine in Timmins, Ont., by purchasing the adjacent Preston property. The company has reached an agreement with Patrick Sheridan to acqu…