Production on the rise for Placer
Gold output for Placer Dome (TSE) is expected to reach 2 million oz. in 1996, up from a projected 1.8 million oz. in 1995.The company expects its cash cost of production to average US$220 per oz. in 1…
Articles by Northern Miner Staff
PRODUCER PRICES (December 18, 1995)
ALUMINUM: MW U.S. market US78 cents-79 cents per lb. (Dec. 1, 1995).ANTIMONY: MW New York dealer US$2.20-2.40 per lb. (Nov. 24, 1995).BISMUTH: MW New York dealer US$4.00-4.30 per lb. (Nov. 24, 1995).C…
Corrections (December 18, 1995)
A report in our Dec. 11 issue listed an incorrect bulk-sample grade of 10.91 carats per tonne from AfriOre’s Kareevlei Wes diamond property. The correct grade is 10.91 carats per 100 tonnes.
CanGold teams with Kazakhstan Goldfields
Kazakhstan Goldfields, a private, Ontario-based corporation, has merged with Amalgamated CanGold (TSE).The deal, which takes effect Dec. 31, is subject to regulatory and shareholder approval.Through i…
STOCK MARKETS — Atna, Nickelodeon bright spots in dim market
After entering the December month on an upswing, western markets edged downward over the report period ended Dec 12. The Vancouver Stock Exchange resource index slipped 5.44 points to close at 1,265.1…
Tyler hopes for Heart of gold
Two drills are working at the Weedy Lake property, northeast of La Ronge, Sask.Operator Tyler Resources (TSE) and Golden Rule Resources (TSE) have budgeted $572,000 for 5,545 metres of drilling.Previo…
Index (December 18, 1995)
DEPARTMENTSCareersClassified AdvertisingDiamond DrillersDiamond NewsDividendsEditorialsFacts & FiguresInsider TradingInvestment CommentaryMetal PricesObituaryOdds ‘n’ SodsPeopleProfessional DirectoryS…
STOCK MARKETS — Toronto market eases after previous week’s record
The Toronto Stock Exchange backed off slightly from last week’s record-high levels. For the report period ended Dec. 12, the TSE 300 composite index retreated 18.86 points or 0.4% to 4,703.67.The Cana…
Kalahari tips Mexican Hat toward feasibility
A joint-venture agreement between Kalahari Resources (VSE) and Oneida Resources has revived the Mexican Hat project in Cochise Cty., Ariz.Kalahari can earn up to a 60% interest in the property by spen…
Meetings (December 18, 1995)
MEETINGSDec. 27, Royal Bay Gold — annual, generalDec. 28, Amalgamated Cangold — specialDec. 28, Flag Res. — annual, generalDec. 28, Golden Briar — annual, generalDec. 28, Oxbow — specialDec. 28, …
Production costs at Red Lake hamper Goldcorp’s earnings
Revenue and earnings of Goldcorp (TSE) were down for the first nine months of 1995, as the company devoted much of its resources to development.Goldcorp earned $4 million or 13 cents per share on reve…
Manhattan about to reach producer status as Mexican mine gears up
The next two months will mark a transition for Manhattan Minerals (TSE) as it makes the leap from junior exploration company to junior gold producer.Robert Willis, chairman and chief executive officer…