Meetings (May 22, 1995)
May 29, Hillcrest — annual, generalMay 29, Morrison Middlefield — annualMay 29, Northridge — annual, generalMay 29, NDU — annual, generalMay 29, Platinova A/S — annual, specialMay 29, Platinova R…
News
Meadowbank results prove promising
Drilling on the Meadowbank property, north of Baker Lake,N.W.T., is returning gold values for 60-40 partners Cumberland Resources (VSE) and Comaplex Resources (TSE).The new results include values of u…
NEWS ROUNDUP — Stratabound eyes Ontario property
Junior Stratabound Minerals (ASE) can acquire a prospective nickel-copper play 45 miles northwest of Timmins, Ont.The 5,680-acre property is believed to host mineralization similar to the nearby Montc…
Imperial reserves rise dramatically (May 22, 1995)
Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…
Arlo hits gold in Panama
Drilling on the Rio Liri concession in Panama is returning gold values for Arlo Resources (VSE).The junior, which recently completed an initial phase ofdrilling on the Cerro Pelado zone, is earning a …
Denver highlighted as mining capital
This city is already the headquarters for most American gold producers, and the recent National Western Mining Conference went one further by promoting Denver as a possible mining capital of the world…
Engineering firm profiles Indonesia
Denver-based Pincock, Allen & Holt has published a 2-volume study of the economic potential of Indonesia, aimed at mining executives.Indonesia: A Country Profile, produced in association with Internat…
Manus funding proves elusive
Unable to come up with a final payment of US$1.1 million,Consolidated Manus Industries (VSE) has dropped its option to acquire the Sullivan gold-copper property in Nevada.The junior was planning to us…
COMMENTARY — The changing world of metals
New technologies are transforming the pattern of consumption and supply in metals markets.Since the Bronze Age, prices of metals, minerals and energy fuels have shown steady declines (in terms of cons…
Denison Mines restructures debt
An agreement between Denison Mines (TSE) and its corporate lenders will allow the former blue-chip company to restructure bank debt, subject to certain conditions.The lenders agreed to convert all deb…
STOCK MARKETS — Composite index enables TSE to shine brightly
After losing the spotlight to the major American indexes over the past few weeks, the TSE 300 composite took centre stage once more, as investors driving it to a new 7-month high. Thecomposite jumped …
Glimmer to buy Hemlo’s stake in Hislop-Beatty
After learning that Hemlo Gold Mines (TSE) intends to sell its 60% interest in the Hislop-Beatty gold joint venture, 40%-owner Glimmer Resources (VSE) announced its intention to exercise its first rig…