Stillwater posts solid profit
A 20% increase in production and a 13% drop in operating costs enabled Stillwater Mining to post a US$777,000 profit (or 4 cents per share) for the first quarter.These results compare with a loss of U…
News
Index (May 15, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
Companies (May 15, 1995)
AberAdanacAdikannAkikoAlbannyAlmadenAmerican REsArgentina GoldArimtecoAtlanta GoldAuraurizonAzcoBattle MountainBell MolybdenumBHPCamphorCanada TungstenCanyonCathedralChaseChief Cons Minin…
Eskay spins gold for Prime
The newly opened Eskay Creek mine in northwestern British Columbia is cranking out profits for Prime Resources Group (TSE).The company earned $5.4 million for the first quarter on revenue of $29.1 mil…
Voisey Bay deposit shows potential to become low-cost nickel producer
Few mineral projects have developed as quickly as Voisey Bay, a nickel-copper-cobalt project with open-pit potential favorably situated in moderate terrain 10 km from tidewater and about 35 km from Na…
OBITUARIES — Lionel York
A native of South Africa who came to Canada in 1958, Lionel York, died recently. He was 61.A professional engineer and hydrologist, his work took him to Saskatchewan, where he was involved in the tech…
OBITUARIES — Robert Hallbauer
Robert E. Hallbauer, the former president and chief executive officer of Cominco, died in Vancouver, B.C., on March 10 after a lengthy illness.Recognized as one of the finest mining men Canada has pro…
Cathedral fleshing out Hicks
Drilling on the Kaburi-Eldorado property in Guyana continues to confirm the continuity of gold mineralization within the Hicks zone, according to project owner Cathedral Gold (TSE).Drilling to date ha…
Rea Gold tops up its treasury
A private placement of 4 million special warrants at $2 each will provide Rea Gold (TSE) with additional funds to continue work at its Bissett gold project in Manitoba.Underwriters Goepel Shields & Ne…
Analysts predict hot summer at Voisey Bay
Four prominent mining analysts agree that the Voisey Bay nickel-copper-cobalt discovery will continue to be the hot spot for market activity this year.The experts Douglas Leishman of Yorkton Securitie…
Eldorado tops up treasury
A private placement of up to 3.4 million special warrants is expected to raise more than $14 million for junior gold producer Eldorado (TSE).Each unit is priced at $4.15 and converts, at no additional…
Chief Cons. works New Burgin play
Drilling and feasibility work on the New Burgin deposit in Tintic, Utah, continue apace under the direction of owner Chief Consolidated Mining (NASDAQ).The New Burgin represents the downdip extension …