Companies (June 26, 1995)
INDEXAbsolutAdex MngAgate BayAlmadenAmer ManorArequipaArons MultnAudreyAurizonAvalon VenBanffBarrick GldBenguetBHPBolivr GldfldBreakwaterBrennaCalcoCambiorCamecoCathedralCodelcoCoge…
News
Newhawk expands exploration focus
With a view towards expanding its search for minerals throughout North America, Newhawk Gold Mines (TSE) has approved a corporate and exploration budget of $1.5 million for the year.The junior is revi…
Grassroots work begins in Labrador
With the recent spate of property deals near Voisey Bay, Labrador, starting to abate, initial reports from preliminary exploration programs are begining to trickle in.Absolut Resources (ASE), which ha…
Tulsequah feasibility study is under way
A bankable feasibility for the Tulsequah Chief property in northwestern British Columbia is expected by mid-summer.Redfern Resources (TSE) says permitting work is proceeding and a mine development cer…
Viceroy extending life of Castle Mountain mine
By developing a long-term mining plan, Viceroy Resource (TSE) hopes to add eight years to the life of the Castle Mountain gold mine in southeastern California.The Vancouver-based company owns 75% of t…
Detector, Freewest to option Camking
Two juniors, Freewest Resources (TSE) and Detector Resources (ASE), intend to form a joint venture to explore the Camking gold property near Matachewan, Ont.The project is 1 mile north of two former m…
Cogema eyes Kazakh project
Privately owned Cogema Resources will investigate the possibility of increasing production at the Jubilenoye gold mine in northwestern Kazakhstan.The operation, owned by the Kazakh government, is curr…
Inmet resumes drilling at Akie property in B.C.
Drilling is about to resume on the Akie polymetallic property in northern British Columbia.Ecstall Mining (VSE) reports that a field crew has been mobilized to the property and that drilling is expect…
Odds ‘n’ Sods — Newmont breaks the ice at the Granduc mine
Among the more dramatic adventures in the history of the Granduc copper mine in British Columbia were the flooding of the mine workings and consequent abandonment of the project. Only by drilling diam…
Alusaf smelter enters production
The Alusaf Hillside aluminum smelter, built by a joint venture involving Canadian-based SNC-Lavalin, has started production five months ahead of schedule and under its $2-billion budget.Situated in Ri…
GREATEST VALUE TRADED, JUNE 14-20
Value ($000s)HighLowCloseChange Barrick Gold T238371$37 1/435 3/836 1/4+1Placer Dome T197219$38 3/835 3/437 3/8+1 7/8Inco Ltd T90612$37 1/434 1/237 1/4+2 1/2Teck Ltd B f T7…
Sopko elected chairman of the Mining Association of Canada
Michael Sopko, chairman and chief executive officer of Inco, was recently elected chairman of the Mining Association of Canada (MAC), the national organization of the Canadian mining industry.He repla…