GREATEST VALUE TRADED, NOV. 1-7 (November 13, 1995)
Value($000s)HighLowCloseChange co Ltd T257341$46 5/844 3/446 5/8+3/8Placer Dome T165452$32 7/829 1/832 1/2+3Barrick Gold T137851$34 1/430 7/833 7/8+2 5/8BRE-X Mnrl A73003$5…
News
SX-EW process changes copper industry
Changes are taking place in the copper industry with the emergence of solvent extraction-electrowinning (SX-EW) processing, a technique which allows companies to produce cathode copper at the mine sit…
EDITORIAL PAGE — Privatization gains momentum
State mining is still alive in the western world, but privatization is gaining momentum. And that, in a nutshell, was the message delivered by Magnus Ericsson of the Swedish-based Raw Materials Group …
Athabaska hopes to revive Ladner Creek
Underground exploration drilling and development is continuing at the Ladner Creek gold project near Hope, B.C.Athabaska Gold Resources (TSE) has committed to spending $1 million on the property by Ju…
Imperial revises Mount Polley reserves
The Mount Polley gold-copper project in central British Columbia, 56 km northeast of Williams Lake, is being readied for a scheduled construction start-up in the spring of 1996.As part of a due-dilige…
Kemess South deal “alive and well”, Witte says
Unforeseen delays in the permitting process for the Kemess South copper-gold project in north-central British Columbia have resulted in Royal Oak Mines (TSE) extending the closing date for the takeove…
LABRADOR NEWS ROUNDUP — Columbia Yukon mobilizes rig
With a drill permit now in hand, Columbia Yukon Resources (ASE) has mobilized a drill rig to its ML 1506 ground in the Alliger Lake area north of Voisey Bay, Labrador.The company plans to test several…
Index (November 13, 1995)
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FACTS & FIGURES — Gold use in coinage shows worldwide decline in 1995
The worldwide use of gold in coinage dropped 50% in 1994, down to 2.5 million oz. from 5 million oz. in 1993, according to Modern Gold Coinage 1994, an annual report released by The Gold Institute.Bas…
LABRADOR NEWS ROUNDUP — Okak drilling cuts stringers
Drilling is continuing at the Okak property in Labrador.United Compass Resources (VSE) and Castle Rock Explorations (VSE), which are each earning a 35% interest in the property, report that the first …
Britannia options Exall project
An agreement has been signed by Exall Resources (TSE) and Britannia Gold (VSE) for a joint venture on the Santo Tomas copper project in Sinaloa state, Mexico.Under the agreement, Britannia will assume…
LABRADOR NEWS ROUNDUP — Cartaway almost blown away
Labrador’s infamous winter weather has dealt a delay to Cartaway Container (VSE).High winds on the wholly owned Cirque property south of Okak Bay, Labrador, forced the company to move its camp to a mo…