Operators meeting
The 12th Mine Operators Conference is scheduled for Feb. 19-22, 1995, in Timmins, Ont. The theme will be “new horizons, optimizing mine operations through education, innovation and technology.” Hostin…
News
NO HEADLINE (August 22, 1994)
BGR Central Net Value $17.31 $6.62 Price $15.88 $7.125 Premium 7.6% Discount 8.30 Value $140,649,000 $128,957,513…
Correction (August 22, 1994)
A story concerning the Montanore property in Montana (T.N.M., Aug. 15) should have referred to private company Montana Reserves as the project partner of Noranda Minerals. Montana Reserves has a net p…
Rainbow drilling encouraging
Drilling on the Rainbow claim near Kamloops, B.C., has returned a promising intersection for partners Getchell Resources (VSE) and Teck (TSE). The latter can earn a 70% interest in the property by spe…
Barrick supports move Royal Oak asks OSC to block Lac poison
In a move that could limit the options open to Lac Minerals (TSE), Royal Oak Resources (TSE) has asked the Ontario Securities Commission (OSC) to prohibit Lac from adopting its shareholder rights prot…
NEWS ROUNDUP — Pentland acquires Kinross properties
Shareholders of Pentland Firth Ventures (ASE) have approved the acquisition of 13 non-producing mineral properties from Kinross Gold (TSE). Under the deal, Pentland also has the right to participate i…
USMX expands Alaskan property deal
A letter of agreement with North Pacific Mining, an Alaskan native corporation, gives USMX (NASDAQ) the right to further explore and develop the Illinois Creek gold-silver property in the interior of …
NEWS ROUNDUP — TVX buys ground at Casa Berardi
An agreement between TVX Gold (TSE) and Teck (TSE), whereby Teck will sell its 40% interest in a group of claims known as the Domex Block for US$4.62 million to the Casa Berardi joint venture, has bee…
QPA Convention set for Sept. 14-16
The 20th annual convention of the Quebec Prospectors Association (QPA) is scheduled for Sept. 14-16 in Val d’Or. The theme will be “Un Quebec ouvert a l’exploration.” The convention will be organized …
THE DIAMOND PAGE — Summer exploration program in full swing
A summer work program is in progress at the Cross property, about 120 km north-northwest of Yellowknife, N.W.T. Ashton Mining of Canada (TSE) has advised partners Pure Gold Resources (TSE) and Tenajon…
TSE Short Positions (August 22, 1994)
Semi-monthly reports as of July 31, 1994 showed 279,336,594 shares of 859 issues compared with 254,514,545 shares of 892 issues on July 15, 1994. Larger individual positions included: Aber 144,200, up…
Spot prices at a glance (August 22, 1994)
Week’s Price (US) Change Gold* $377.80 – $0.50 Silver* $ 5.13 – $0.03 Platinum* $412.35 – $0.15 Nickel** $ 2.54 – $0.05 Lead** $ 0.25 $0.00 Copper $ 1.08 $0.00 Zinc $ 0.43 + $0.01 Courtesy of Scotiaba…