Meetings (July 31, 1995)
MEETINGSAug. 8, AgincourtAug. 8, Big HornAug. 8, Davidson TisdaleAug. 8, Grand EmpireAug. 8, ParagonAug. 9, CrystallexAug. 9, EurusAug. 9, Redbird GoldAug. 10, Amarado Aug. 10, HeraAug. 10, IntOl Capr…
News
Golden Giant strike cuts Hemlo’s earnings
A drop in gold production has contributed to a 38% shortfall in earnings for Hemlo Gold Mines (TSE).For the first six months of 1995, Hemlo earned $23.4 million (or 23 cents a share) on revenue of $10…
Greenland grants more mineral licences
Still more companies are flocking to the world’s largest island in search of Voisey Bay-type nickel-copper-cobalt deposits.The activity is due to the geological similarities between Labrador’s Nain ge…
Cyprus Amax suspends mining at Climax mine in Leadville
Inco Ltd T173433$47 1/444 1/445 7/8-1 3/8.TBarrick Gold T115839$37 1/834 5/834 5/8-2Placer Dome T106226$39 1/436 36 1/2-2 1/4Diamond Flds T65703$70 3/468 3/4 69 3/4-7/8Falco…
Line Creek coal mine will expand
The Line Creek coal mine has received approval from the British Columbia government to expand to Horseshoe Ridge. The mine is about 18 km northeast of Sparwood.Line Creek Resources has been producing …
Taseko retains investment banker
To advance the sale of its Fish Lake copper-gold project in British Columbia, Taseko Mines (VSE) has retained Toronto Dominion Securities as financial adviser and agent.Several international mining co…
New legislation improves mining incentives in Panama
New legislation aimed at harmonizing tax incentives is expected to benefit Panama’s nascent mining industry.The Universalization of Incentives Law, recently signed by President Ernesto Perez Balladare…
Finds in South Africa and N.W.T. keep SouthernEra Resources busy
With a diamond find in South Africa and a ground position next to one of the most prospective kimberlite pipes Canada has thus far offered up, SouthernEra Resources (TSE) is expecting 1995 to be a bus…
TORONTO STOCK EXCHANGE INDICES (July 24, 1995)
1995July 18July 17July 14July 13July 12HighLowComposite”300″4667.424700.414688.834698.044710.314718.273983.34Metals&Minerals 5123.11 5180.155139.925127.305105.555194.633273.56Integ…
3-D technology tested in Sudbury
The first 3-dimensional (3-D) seismic experiment for mineral exploration in North America is about to get under way in the Sudbury Basin of Ontario.The program follows recent studies under the Industr…
PRODUCER PRICES (July 24, 1995)
ALUMINUM: MW U.S. market US84.5-85.5 cents per lb. (July 7, 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).CAD…
STOCK MARKETS — Reports from Labrador add zest to western markets
The usual summer doldrums are nowhere to be seen on western markets, as eager investors jockey for position in the growing suite of Labrador area stocks.Over the report period ended July 18, the Vanco…