Ivory starts work program
Exploration work is under way on property held by Ivory Oils & Minerals (VSE) about 12 km southwest of Diamond Fields’ main discovery in the Voisey Bay region of Labrador.The first phase of work inclu…
News
Miranda options Mexican property
Miranda Industries (VSE) can acquire the Colorada gold concession in Mexico’s Sinaloa state.To do so, it must make annual payments of US$58,000 over a 5-year period, followed by a final payment of US$…
Cameco finances Kyrgyzstani mine
Toronto-listed Cameco can now proceed with development of the US$360-million Kumtor gold deposit in Kyrgyzstan.Certain lenders will commit US$270 million to the project, and the balance will be provid…
AGF launches new mutual fund
AGF Management has added AGF World Equity Fund to its group of mutual funds.The fund is designed to provide the company with the flexibility to pursue investment opportunities on a global scale. Recom…
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 …
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)….