NEWS IN BRIEF (August 21, 1995)
Cusac Industries Ltd. (CQC: TSE) has changed its name to Cusac Gold Mines Ltd. (CQC: TSE:VSE).
News
GREATEST VALUE TRADED, AUGUST 9-15
Exchange Value($000s) High LowCloseChange Inco Ltd T124947$47 1/246 1/847 3/8+1/4Placer Dome T97749$36 5/833 7/836 1/2+1 1/4Barrick Gold T90227$35 3/433 5/835 5/8+3/4Falconbridg…
Toronto Stock Exchange Indices (August 21, 1995)
— 1995 — Aug 15Aug 14Aug 11Aug 10Aug 9HighLowComposite”300″4593.274598.514588.404609.544623.914718.273983.34Metals&Minerals4961.374954.524980.244997.535010.325194.633273.56Inte…
PRODUCER PRICES (August 21, 1995)
ALUMINUM: MW U.S. market US88 cents-89 cents per lb. (August 11, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (August 4, 199…
Inmet Mining takes Copper Range closure on the chin
There was little cause for celebration as Inmet Mining (TSE) unveiled its results for the second quarter.The company’s decision to suspend conventional mining and milling at its 87%-owned Copper Range…
Companies (August 21, 1995)
INDEXAberAdrianAfricn MinAlleghenyAmaradoAranleeArielAsia MinAudreyAurizonBaja GldBarrick GldBetter ResBHP MinBirchwoodBre-XCache ExplCambiorCamecoCanyonCenturionChase Citadel Gld…
Golden Star active within East Africa
Golden Star Resources (TSE) has begun exploring the Dul gold project in western Ethiopia.Golden Star, the first foreign company to be awarded gold exploration rights, controls more than 1,800 sq. km i…
Centurion strikes gold in Utah
Utah-based Centurion Mines (NASDAQ) has hit gold mineralization at its Blue Mountain property, 30 miles west of Milford, Utah. Two of four shallow drill holes encountered ore-grade mineralization, inc…
BHP tests anomalies at Cabre property
Drilling has encountered minor amounts of copper and zinc mineralization on South African Minerals’ (TSE) Cabre property near Matagami, Que.BHP Minerals Canada carried out the 2,429-metre program in o…
LABRADOR NEWS ROUNDUP — Drilling continues at Niatak Island
The Newfoundland Department of Natural Resources has granted partners Goldnev Resources (VSE) and Starcore Resources (VSE) permission to drill up to two additional holes on the Niatak Island property….
Continental adds to zinc discovery
Drilling on the Anialik-High Lake project in the Northwest Territories continues to return zinc-copper mineralization for property owner Continental Pacific Resources (VSE).Hole R-11-95 returned a 13….
Ariel flies high in Costa Rica
Vancouver-based Ariel Resources (TSE) intends to become Costa Rica’s largest producer of the yellow metal, at an annual rate of 50,000 oz.The announcement follows the acquisition of Greenstone Resourc…