1995
PRODUCER PRICES (December 25, 1995)
ALUMINUM: MW U.S. market US77.25 cents-78.25 cents per lb. (Dec. 8, 1995).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 199…
Booker Gold zeros in on breccia
Proceeds from a $1-million private placement will be used by Booker Gold Explorations (VSE) to continue drilling through the winter at its Hearne Hill copper-gold project, 65 km northeast of Smithers,…
EDITORIAL PAGE — Canada: a land teeming with hidden potential
Some junior companies base their exploration efforts on the premise that the best place to look for new mines is where mines have already been found. And indeed this strategy has resulted in many new …
Franco-Nevada to buy stake in Queenston
Royalty holder Franco-Nevada Mining (TSE) is making a substantial investment in Queenston Mining (TSE) and the prolific Kirkland Lake gold camp in northeastern Ontario.Franco-Nevada will subscribe for…
Hall moves to Elliot Lake
The contents of the Canadian Mining Hall of Fame have been handed over to the mayor of Elliot Lake, Ont., for a temporary stay of three to five years.George Miller, chairman of the Hall of Fame and pr…
Companies (December 18, 1995)
INDEXAgincourtAGX Res.Amlgmtd CanGldArequipaAur ResourcesAuspex GoldAuspex MineralsBand-OreBarrick GoldBell MolybdenumBrascanCaledonia M’gCamecoCanarcCasmynCdn Gldn DrgnChance M’gChesbarCominco…
Insider Trading — Nuinsco insiders opt to cash in
Two insiders with Nuinsco Resources (TSE) sold options or shares of the company during October.According to the Ontario Securities Commission’s OSC Bulletin, Margaret Archibald, a deemed insider, sold…
Waste disposal concept to undergo scrutiny
A plan to dispose of Canada’s ever-increasing amount of nuclear fuel waste is proceeding to the public hearing stage.In October 1994, Atomic Energy of Canada Ltd. (AECL) submitted an environmental imp…
Granges sets budget for 1996 exploration
Exploration spending by Granges (TSE) is expected to total US$6.1 million next year.The company plans to spend US$2.5 million in Nevada and US$1.3 million in South America. A further US$2.3 million wi…
Investment Commentary — Cash flow suggests Granges undervalued
With cash flowing steadily from its Crofoot-Lewis mine and exploration plans taking shape in Nevada and South America, Granges (TSE) is “seriously undervalued.”So argues David Williamson Associates, a…
Barrick to fund Anacoco gold projects
An agreement has been reached whereby shares of Chesbar Resources (ME) will be privately placed with Barrick Gold (TSE), and the proceeds used to fund exploration of Chesbar’s gold properties in easte…