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…
News
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…
PRODUCER PRICES (April 03, 1995)
ALUMINUM: MW U.S. market US86.5-87.5 cents per lb. (March 24, 1995). ANTIMONY: MW New York dealer US$2.30-2.40 per lb. (Feb. 16, 1995). BISMUTH: MW New York dealer US$3.75-3.90 per lb. (Feb. 24, 1995)…
Metal Prices — FREE MARKET (April 03, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Mar. 28 Mar. 27 Mar. 24 Mar. 23 Mar. 22 Copper 2946-2947 2967-2968 2970-2971 2963-2964 2955-2958 Lead 599-600 603-604 612-614 607-608 60…
Lenora drilling Althona deposit
As part of a feasibility study of the Goldfields project in northern Saskatchewan, Greater Lenora Resources (TSE) will carry out three drill programs concurrently. A 16,400-ft. infill program is alrea…
Phoenix project takes flight
The board of directors of Battle Mountain Gold (NYSE) has authorized development of the Phoenix project at the Battle Mountain gold complex in Nevada. The open-pit, heap-leach project is centred aroun…
LATIN AMERICA SPECIAL — Madison in Brazil and Venezuela
Expanding its presence in South America, Consolidated Madison Holdings (VSE) has been able to joint-venture four of its properties. The junior owns or has under option five properties in each of Brazi…
LATIN AMERICA SPECIAL — Solitario chases Peruvian zinc
New high-grade zinc assays are cause for excitement for Solitario Resources (TSE) at its Bongara zinc project in northern Peru. The project is in an advanced stage, and exploration continues to increa…
LATIN AMERICA SPECIAL — Swannell Minerals conducts
A preliminary US$200,000 exploration program is nearing completion on the Rio Tinto copper oxide property in the Mexican state of Chihuahua. Operator Swannell Minerals (VSE) can earn a half interest i…
East Africa Gold negotiates placement
Vancouver-listed East Africa Gold has concluded negotiations for a private placement of up to 1.8 million units at $1.35 each. A unit consists of a share and a warrant entitling the holder to buy an a…
Almaden plans work for Rose
Once its partner completes an initial public offering on the Alberta Stock Exchange, Almaden Resources (VSE) plans to perform more exploration on its Rose gold-silver project near Summerland, B.C. Lau…
Cogema, partners approve McClean Lake uranium mine
Having received approval for development from federal and provincial governments, Cogema Resources has decided to proceed with the McClean Lake uranium project in Saskatchewan. The company and its par…