EDITORIAL PAGE — Happy Mining Week!
Rarely do mining organizations in Canada have cause to celebrate the actions of a political leader. Nevertheless, cheers are being heard across the country for Anne McLellan, who has persuaded the Gov…
News
METAL PRICES (May 15, 1995)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDateMay 9May 8May 5May 4May 3Copper2741-2742N/A2722-27322730-27322749-2750Lead578.5-579N/A596-597607-608602.5-603Zinc…
Stillwater posts solid profit
A 20% increase in production and a 13% drop in operating costs enabled Stillwater Mining to post a US$777,000 profit (or 4 cents per share) for the first quarter.These results compare with a loss of U…
Rea Gold tops up its treasury
A private placement of 4 million special warrants at $2 each will provide Rea Gold (TSE) with additional funds to continue work at its Bissett gold project in Manitoba.Underwriters Goepel Shields & Ne…
Analysts predict hot summer at Voisey Bay
Four prominent mining analysts agree that the Voisey Bay nickel-copper-cobalt discovery will continue to be the hot spot for market activity this year.The experts Douglas Leishman of Yorkton Securitie…
Echo Bay allies with TVI Pacific
In a move aimed at uncovering large gold deposits in the Philippines, Echo Bay Mines (TSE) has formed an alliance with TVI Pacific (ASE).The former will purchase, through a private placement, 5 millio…
PEOPLE — DAKOTA MINING (May 08, 1995)
Martin Quick appointed president and general manager.
PEOPLE — REAL RESOURCES
Neil Thiessen appointed vice-president of exploration.
PEOPLE — WESTERN GARNET (May 08, 1995)
Gregory Emerson appointed chief financial officer.
TSE INDICES (May 08, 1995)
— 1995 –May 2May 1Apr 28Apr 27Apr 26HighLowComposite”300″4297.934292.444279.474273.804282.924320.523983.34Metals&Minerals4022.614070.034097.194041.414066.564337.893273.5…
GOLD FUNDS (May 08, 1995)
Gold Funds as of May 2BGRCentralNet Value$17.29$6.83Price$14.75$6.875Discount14.70%Premium0.7%Value$135,186,000$124,432,688…