New projects for Chile joint venture
As operator of the so-called Chile joint venture, Cominco Resources International (TSE) has arranged options to buy three copper exploration properties in the northern part of that country. The compan…
News
Westroc Industries
Up to 50 jobs have been saved at the recently closed Nova Gypsum plant in New Brunswick. Westroc Industries, Canada’s leading drywall producer, bought the business, which was placed in receivership la…
Toronto Stock Exchange Indices (May 09, 1994)
— 1994 — May 3 May 2 Apr 29 Apr 28 Apr 27 High Low Composite”300″ 4283.61 4282.33 4267.12 4270.78 4287.77 4609.93 3518.31 Metals&Minerals 3553.38 3573.85 3479.64 3482.25 3505.81 3879.59 3273.56 Inte…
Gold Funds (May 09, 1994)
Gold Funds as of May 2 BGR Central Net Value $16.97 $6.74 Price $14.38 $7.250 Premium 7.6% Discount 15.30% Value $137,878,000 $131,219,925…
STOCK MARKETS — TSE stalls as bank rate rises
A new 14-month high in the Bank of Canada rate appears to have put a damper on eastern financial markets. On May 3, the rate jumped by 20 basis points to 6.27%, the highest level since February of las…
NEWS IN BRIEF (May 09, 1994)
Consolidated Keld’or Resources (CKD:VSE) has changed its name to CKD Ventures on a 1-new-for-5-old-share basis.
Louvicourt numbers differ Teck aims to boost reserve
The three partners in the Louvicourt base metal project in northwestern Quebec do not appear to be in complete agreement as to the size of current reserves. Preliminary reserves at the project, set to…
Partner sought for Goddell project
Partners Arkona Resources (VSE) and Taurus Ventures plan to seek a senior partner to participate in their Goddell gold project. The project, 50 miles south of Whitehorse, Y.T., is held 75% by Arkona a…
BOOKS IN REVIEW — Metals and civilization
The Living Rock, by A.J. Wilson. Published by Woodhead Publishing, Abington Hall, Abington, Cambridge, England CB1 6AH. 320 pages. 35 (US$65) plus postage. In his new book, subtitled “The Story of Met…
BOOKS IN REVIEW — Arizona mines
Arizona Mines and Mining Companies, by James Garbani. Available from Arizona Territorial Trader, P.O. Box 85842, Tucson, Ariz. 85754-5842, U.S.A. 320 pages. US$45 (plus shipping and handling). A soft-…
Adrian to spin off Eskay Creek interest
TSE-listed Adrian Resources has retained Yorkton Securities to arrange the sale of its interest in the Eskay Creek gold project north of Stewart, B.C. As a result of a staking gap, Adrian holds a port…
New Canamin advances Huckleberry to feasibility
Junior New Canamin Resources (VSE) has contracted Kilborn Engineering to carry out a feasibility study of its Huckleberry property near Kemano, B.C. The company is in the midst of a 12,000-metre infil…