PRODUCER PRICES (September 11, 1995)
ALUMINUM: MW U.S. market US87.5 cents-88.5 cents per lb. (August 24, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.75-3.85 per lb. (August 24…
News
Hemlo camp makes quiet progress
Exploration companies are active again in the Hemlo gold district of northern Ontario, working at a slower and steadier pace than their predecessors did in the early 1980s.About 85-90% of the greensto…
TSE to switch to decimal pricing
The Toronto Stock Exchange will be the first exchange in North America to move to decimal pricing.Under the current system, issues with prices above $5 trade in increments of one-eighth of a dollar. T…
NovaGold reaps royalty from Rambler (September 04, 1995)
A decision to proceed with development of the Rambler Tailings project near Baie Verte, Nfld., should infuse considerable cash into the coffers of NovaGold Resources (VSE).The company acquired the pro…
AGC zeroes in on Finn zone at JD play
Exploration drilling is in full swing on the JD gold-silver property in the Toodoggone River area of north-central British Columbia.AGC Americas Gold (VSE), which has budgeted a $3-million program, is…
NEWS IN BRIEF (September 04, 1995)
Amarado Resources (ADC:VSE) has changed its name to AfriOre Limited (AFO:VSE) on a 1-new-for-2.5-old-share basis.
ODDS’N’SODS — A river runs through it (September 04, 1995)
Reading the recent Odds `n’ Sods article about the Quirke mine flood of 1956 (T.N.M., Aug. 14/95) brought back a “flood” of memories of yet another water inflow at the Elliot Lake operation, some 33 y…
Rayrock companies show losses for half-year (September 04, 1995)
Six-month losses have been reported for Rayrock Yellowknife Resources (TSE) and subsidiary Minera Rayrock (TSE).The former reported a loss of US$907,000 for the first half of 1995, compared with earni…
PRODUCER PRICES (September 04, 1995)
ALUMINUM: MW U.S. market US87.5 cents-88.5 cents per lb. (August 24, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.75-3.85 per lb. (August 24…
Etruscan exploring 3 zones on Koma Bangou property (September 04, 1995)
Etruscan Enterprises (VSE) is intensifying drilling at its Koma Bangou gold property in Niger, West Africa.The company is using two diamond drills, one reverse-circulation drill and a truck-mounted au…
Armada revises Siberian reserve (September 04, 1995)
Armada Gold (ASE) has calculated new reserve figures for the Taseevskoye gold deposit in southeastern Siberia, following reviews of a prefeasibility study.Australian geostatistical consulting firm Geo…
COMMENTARY — Investing in multiple land use (September 04, 1995)
From the prospecting stage to mine reclamation, the mining industry is dedicated to responsible land use. Reaching common ground among mining companies, native groups, environmental groups and individ…