Producer Prices (November 06, 1995)
ALUMINUM: MW U.S. market US76.5 cents-77.5 cents per lb. (October 20, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (October …
News
Poor results at Grouse Creek take toll on Hecla, Great Lakes
Following disappointing third-quarter results, Hecla Mining (NYSE) has decided to re-evalutate the Grouse Creek gold mine in central Idaho.The mine, which entered production less than a year ago, is o…
LABRADOR NEWS ROUNDUP — Anomaly targeted at Alliger Lake
Partners Eastfield Resources (VSE), Island Arc Resources (VSE), Athabaska Gold Resource (TSE) and Warner Resources will drill-test a geophysical anomaly on their Alliger Lake West property 65 km north…
LABRADOR NEWS ROUNDUP — Okak Bay being drill-tested
Drilling has begun on the Okak Bay property in the Voisey Bay area of Labrador.Castle Rock Exploration (VSE) and United Compass Resources (VSE) are each earning a 35% interest in the property from New…
EDITORIAL PAGE — The referendum aftermath
The amount of ink dedicated to coverage of the recent referendum in Quebec would probably fill one of the Great Lakes. But outside of Canada, the event caught the world by surprise. Indeed, the most c…
Labrador News Roundup — Aranlee, NDT start drilling
Drilling is under way on project area 10-1, northwest of Nain, Labrador.Partners Aranlee Resources (VSE) and NDT Ventures (VSE) plan to drill four holes to test a series of extensive gossan zones in w…
DIAMOND NEWS ROUNDUP — Kennecott deal adds momentum to Alberta diamond hunt
Kennecott Canada is joining the search for diamonds in cattle country.By agreeing to spend $3 million on exploration over the next three years, the company can earn a 60% interest in a 230,000-acre la…
Dona Lake mine fined after accident
A workplace safety violation at the Dona Lake mine near Pickle Lake, Ont., has resulted in the operating company being fined $85,000.The worker was checking a problem on a conveyor belt on an electric…
More results from Wolverine
Results for stepout hole 95-16 on the newly discovered Wolverine zone at the Foot property in south-central Yukon are reported by Westmin Resources (TSE) and Atna Resources (VSE).Hole 95-16 was drille…
PEOPLE — MAGNA-COPPER
Marc Ingelbinck appointed vice-president, commercial.
LABRADOR NEWS ROUNDUP — Magna, Viscount hit metal values
Drilling on the Tasisuak Lake property, 50 km northwest of Voisey Bay, Labrador, is returning nickel-copper values for Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE).The p…
Forward sales boost Falco earnings
Metal prices help those who help themselves, especially when a producer can beat the spot market prices through forward selling. Such is the case with Falconbridge (TSE), which realized prices slightl…