JAG produces gold from Belleterre
Persistence has paid off for one junior exploration company in western Quebec. Initial development of the Aubelle deposit by JAG Mines (ME) has yielded 1,300 tonnes of development ore.After processing…
News
Noranda buys into smelter
The growing Chilean copper smelting business has attracted Noranda Metallurgy.The company, a unit of Noranda, (TSE), has agreed to buy a 24.8% interest in Fundicion Refimet, operator of the Antofagast…
Magma and Chase to exploit Philippine copper
An agreement with Magma Copper (NYSE) will enable Chase Resource (TSE) to advance its Taysan copper project in the Philippines.Subject to the completion of a due diligence review and regulatory approv…
Beaufor results encourage Louvem
The Beaufor gold deposit in Pascalis Twp., Que., is showing promising results as development advances.Partners Louvem Mines (TSE) and Aurizon Mines (ME) report that development work in June produced 8…
LABRADOR NEWS ROUNDUP — Primero ground hosts anomalies
An airborne geophysical program over Primero Industries’ (VSE) block of 230 claims in Labrador has uncovered several prospective anomalies, particularly in the northeastern corner.The ground is 3 km n…
LABRADOR NEWS ROUNDUP — CanAlaska outlines zone on Konrad
Reconnaissance exploration on the Konrad property, west of Voisey Bay, Labrador, has led to the identification of a north-south-trending gossan zone.International CanAlaska Resources (VSE) traced the …
NEWS IN BRIEF (August 21, 1995)
Cusac Industries Ltd. (CQC: TSE) has changed its name to Cusac Gold Mines Ltd. (CQC: TSE:VSE).
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…