TSE Short Positions (April 03, 1995)
Semi-monthly reports as of Mar. 15, 1995 showed 228,987,690 shares of 784 issues compared with 235,623,529 shares of 758 issues on Feb. 28, 1995. Larger individual positions included: Aber Res. 59,300…
News
Dome mine adding new ground
The Canadian unit of Placer Dome (TSE) is expanding the Dome gold mine in Timmins, Ont., by purchasing the adjacent Preston property. The company has reached an agreement with Patrick Sheridan to acqu…
Gwalia to produce lithium carbonate
A lithium carbonate plant in Western Australia is expected to be commissioned in October. Perth-based Gwalia Consolidated reports that the plant will have an annual capacity of 5,000 tonnes, with feed…
Virginiatown play taking shape for Armistice
Drill results from its gold property in Virginiatown, Ont., are lending encouragement to Armistice Resources (ME). Definition drilling on the 185N zone, at a depth of 1,990 ft. below surface, indicate…
COMMENTARY — Mining in Canada: a look ahead
Federal Minister of Natural Resources Anne McLellan is writing this column at the invitation of “Keep Mining In Canada,” a national grassroots campaign designed to increase public awareness of the imp…
Spotlight on the Philippines
The new investment climate and mining opportunities in the Philippines will be discussed at an April 7 breakfast seminar at the offices of the Toronto Board of Trade. The seminar, to run from 8 to 11 …
Great Lakes, Geomaque pursue merger
Two emerging gold producers, Great Lakes Minerals (TSE) and Geomaque Explorations (TSE), are pursuing a proposed merger. The amalgamation would create an entity which, by year-end, should have interes…
Trillion expands into South Africa
An agreement to acquire a partial interest in a South African company is expected, directly and indirectly, to provide Trillion Resources (TSE) with annual production credits of more than 55,000 oz. g…
STOCK MARKETS — Dow Jones sets record, TSE posts solid gain
Markets in New York City and Toronto posted solid gains this week, resulting from the perception that, at least for the time being, low inflation and steady economic growth are upon us. During the rep…
New overseas mines give boost to Metall
With two new mines operating at or near commercial production levels and with development work under way at several others, Metall Mining (TSE) expects to continue growing in 1995. Last fall, the Toro…
Companies pledge emission cutbacks
Thirteen large, Canadian mining companies have reduced emissions of 12 major substances by 43% and have pledged to reduce the discharges by 71% by the end of the decade. The companies, members of the …
St. Genevieve in option deal for Philippine property
A signed agreement could see St. Genevieve Resources (ME) acquire a 60% interest in the Capcapo gold-copper property in the Philippines. Previously, the 1,900-acre property was optioned by a major int…