Survey shows higher silver demand
For the fifth consecutive year, fabrication demand in the silver mining sector has exceeded supply.In the sixth annual World Silver Survey of the Silver Institute, President Jaime Lomelin says demand …
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Roxmark picks up Little Long Lac
The Geraldton, Ont., property that started it all for former mining giant Lac Minerals has been purchased by Roxmark Mines (TSE).Roxmark is paying current owner Algoma Steel $80,000 for that property …
STOCK MARKETS — TSE edges up as interest rate cuts are awaited
Weaker economic signals and the possibility of further interest rate cuts left most investors wondering which way the economy is heading. This dilemma, combined with the long holiday weekend, left man…
TSE SHORT POSITIONS (July 10, 1995)
Short positions outstanding at June 15, 1995.Larger individual positions included: Aber Res. 31,100; Adrian 67,700, Agnico-Eagle 197,730; Anderson Expl. 31,900; Archer 74,800; Arimetco 55,800, Asia Pa…
NEW HORIZONS — Non-ferrous metals: a renewable resource
The recycling of metals is a complex subject which spans the physical, chemical, environmental and social sciences, as well as engineering and technology. Recycling is influenced by cultural, economic…
Summitville mine employee indicted by federal grand jury
In the latest development in the Summitville debacle, a U.S. federal grand jury handed down an indictment against the former operator of the Summitville gold mine in Colorado and one of its former man…
Syndicate prepares to `beep’ Quebec
A mining syndicate formed by three companies — GeoNova Explorations (VSE), Freewest Resources (TSE) and Quebec Crown corporation Societe quebecoise d’exploration miniere (Soquem) — will conduct a pr…
PRODUCER PRICES (July 10, 1995)
ALUMINUM: MW U.S. market US83.75-84.75 cents per lb. (June 16, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995)….
METAL PRICES — FREE MARKET (July 10, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 4 July 3June 30 June 29 June 28Copper3090-3091 3090-30953076-30813035-30373022-3027Lead 623-624 620-621 619-620 611-612 6…
Leadville sells sulphide ores to Asarco
Leadville Mining & Milling (NASDAQ) will sell to Asarco (NYSE) sulphide ores produced from its Hopemore mine in Colorado.The polymetallic ores will be shipped to Asarco’s nearby Black Cloud mill at th…
X-Cal plans drilling in Nevada
Drilling is expected to get under way in the near future at the Sleeper Extension gold project in Nevada.X-Cal Resources (TSE) will begin a 3,000-to-5,000-ft. drilling program once the necessary acces…
Companies (July 10, 1995)
INDEXAberAboAddingtonAdrianAgnico-EglAsarcoAshton CanAthabaskaBaja GoldCamecoCampbellCastl RockCliffComincoCons RamrodContl PacifcCornucopiaCyprus AmxDayton MngDiamnd FldEastonEldorado…