PRODUCER PRICES (December 25, 1995)
ALUMINUM: MW U.S. market US77.25 cents-78.25 cents per lb. (Dec. 8, 1995).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 199…
News
Booker Gold zeros in on breccia
Proceeds from a $1-million private placement will be used by Booker Gold Explorations (VSE) to continue drilling through the winter at its Hearne Hill copper-gold project, 65 km northeast of Smithers,…
EDITORIAL PAGE — Canada: a land teeming with hidden potential
Some junior companies base their exploration efforts on the premise that the best place to look for new mines is where mines have already been found. And indeed this strategy has resulted in many new …
STOCK MARKETS — Toronto market eases after previous week’s record
The Toronto Stock Exchange backed off slightly from last week’s record-high levels. For the report period ended Dec. 12, the TSE 300 composite index retreated 18.86 points or 0.4% to 4,703.67.The Cana…
Kalahari tips Mexican Hat toward feasibility
A joint-venture agreement between Kalahari Resources (VSE) and Oneida Resources has revived the Mexican Hat project in Cochise Cty., Ariz.Kalahari can earn up to a 60% interest in the property by spen…
DIAMOND NEWS ROUNDUP — Trillion uncovers more kimberlites
A recent discovery brings to six the number of kimberlites found on the Sansukwe property in Zimbabwe.The dyke, found by 50% owner Trillion Resources (TSE), is one of several discovered thus far in a …
Franco-Nevada to buy stake in Queenston
Royalty holder Franco-Nevada Mining (TSE) is making a substantial investment in Queenston Mining (TSE) and the prolific Kirkland Lake gold camp in northeastern Ontario.Franco-Nevada will subscribe for…
Meetings (December 18, 1995)
MEETINGSDec. 27, Royal Bay Gold — annual, generalDec. 28, Amalgamated Cangold — specialDec. 28, Flag Res. — annual, generalDec. 28, Golden Briar — annual, generalDec. 28, Oxbow — specialDec. 28, …
OBITUARY — Garfield Parsons
Garfield “Red” Parsons died in Toronto on Nov. 15 after a long battle with cancer.Mr. Parsons graduated from the University of Toronto with an honors degree in geology and mineralogy. After serving in…
Production costs at Red Lake hamper Goldcorp’s earnings
Revenue and earnings of Goldcorp (TSE) were down for the first nine months of 1995, as the company devoted much of its resources to development.Goldcorp earned $4 million or 13 cents per share on reve…
Ecuadorian resumes drilling Gaby
An increase in the estimated gold resource of the Gaby deposit in Ecuador has prompted Ecuadorian Minerals (TSE) to resume drilling.The estimate more than doubled to 3.5 million oz.More than 10,000 me…
Manhattan about to reach producer status as Mexican mine gears up
The next two months will mark a transition for Manhattan Minerals (TSE) as it makes the leap from junior exploration company to junior gold producer.Robert Willis, chairman and chief executive officer…