TSE Short Positions (May 30, 1994)
Semi-monthly reports as of Apr 30, 1994 showed 243,833,036 shares of 818 issues compared with 241,162,357 shares of 867 issues on Apr 15, 1994. Larger individual positions included: Aber 295,400, down…
News
JUNIOR MINING SPECIAL — Mutual options prospects in Ghana
VSE-listed Mutual Resources plans to explore two newly optioned gold concessions in south-central Ghana. The Oda River and Kent concessions are in the Manso Kwanta gold belt which runs parallel to, an…
Canada ranks fifth in output
A ranking of the top 10 gold-producing countries in 1993 places Canada in fifth place, unchanged from the previous year. Total Canadian output dropped to 150.9 tonnes gold last year from 160.4 tonnes …
JUNIOR MINING SPECIAL — Molybdenum projected to recover
After four years of declining demand for molybdenum, the outlook for the rest of the 1990s is brighter for the metal, with developing economies, particularly in South East Asia, likely to show the hig…
Metall evaluates assets
In recent months, Metall Mining (TSE) has been re-evaluating its key holdings in light of a possible sale of its shares by parent company Metallgesellschaft (MG). And while an announcement on the sale…
Orleans starts study of wollastonite play
A feasibility study has been commissioned for Orleans Resources’ (ME) St. Onge Twp. wollastonite property near Lac St. Jean, Que. The decision was made following the release of a prefeasibility study …
LAST BUT NOT LEAST — Northern Crown sizes Guadalupe
Having drilled a total of 4,618 metres in 53 holes, Northern Crown Mines (VSE) estimates the geological resource of its Guadalupe property in Mexico to be 4.75 million tonnes grading 1.53 grams gold p…
Int’l Platinum shares halted, independent consultant hired
Toronto-listed International Platinum (IPC) has hired the U.S. geological and engineering firm of Behre Dolbear & Company as its independent technical consultant. Behre Dolbears’ initial assignment is…
Northfield drilling to expand Cheminis reserves
In a quest to augment and upgrade gold reserves, Northfield Minerals (TSE) has embarked on a major program at its Cheminis mine near Larder Lake, Ont. The program, estimated to cost more than $1 milli…
Vengold shareholders await results
The annual meeting of Venezuelan Goldfields (TSE) was a low-key affair, with little news conveyed about the junior’s properties in Venezuela’s Kilometre 88 district. So far, 20 holes have been drilled…
NEWS ROUNDUP — Ecudor, Dianor to explore property
Montreal-listed partners Societe Miniere Ecudor and Ressources Dianor report that exploration will begin soon on their Adanac gold property near Rouyn-Noranda, Que. Geophysical surveys by 30%-owner Di…
LETTER TO THE EDITOR — Show your support for Canadian
During the recent Toronto ’94 show in Toronto, I was able to spend some time as a volunteer at the “Keep Mining in Canada” information display of the Mining Association of Canada (MAC). It was a pleas…