TSE Short Positions (May 29, 1995)
Short positions outstanding at April 28, 1995.Larger individual positions included: Aber Res. 29,100; Agnico-Eagle 86,048; Asia Pacific 75,000; Baja Gold 71,500; Barrick Gold 4,744,463; Bema Gold 889,…
Articles by Northern Miner Staff
PRODUCER PRICES (May 29, 1995)
ALUMINUM: MW U.S. market US84-85 cents per lb. (May 12, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CADMIUM…
William to raise funds for Velardena
Toronto-listed William Resources intends to raise as much as $9 million to develop and construct a silver-gold mine at its Velardena project in Mexico’s Durango state.The company will issue 10-11.25 m…
Canyon extends date for warrants
Junior Canyon Resources has extended the expiration date of warrants for buying stock.The extension, to Sept. 30 from June 30, applies to 3.9 million warrants exercisable at US$3.50 per share.Startup …
Morrison Knudsen picked for Fort Knox
Contractor Morrison Knudsen (NYSE) has been selected to construct facilities for the Fort Knox gold mine, north of Fairbanks, Alaska.Fairbanks Gold Mining, a wholly-owned subsidiary of Amax Gold (NYSE…
Hecla Mining moves closer to turnaround
Despite a considerable improvement over the same period of 1994, Hecla Mining’s (NYSE) report for the recent first quarter was marred with red ink.A US$10-million rise in revenue to US$37 million did …
Santa Fe reinterprets Springpole
Exploration at the Springpole project, 71 miles east of Red Lake, Ont., will return to the basics this summer as Santa Fe Pacific Gold (NYSE) attempts to reinterpret the property’s geology.Santa Fe, w…
Channel to make rights offering
A planned rights offering by Channel Resources (VSE) will enable the junior to continue exploring its gold concessions in Burkina Faso, West Africa.Channel, which has 19 million shares outstanding, wi…
Toronto Stock Exchange joins top 10 list
The Toronto Stock Exchange has joined the top 10 list of world stock exchanges.Record trading values of US$133.4 billion catapulted the TSE to a new plateau; it now ranks 10th amongst the world’s elit…
ODDS’N’SODS — From rags to riches to rags
Prospector Samuel Hawkins Napier grew up in Bathurst, N.B., where the Nepisiguit River flows into Chaleur Bay.Upon leaving public school, he got a job working in a local saw mill. His elder brother, C…
Inter-Rock and Rayrock advancing Daisy project
Shareholders attending the recent annual meeting of Inter-Rock Gold (ME) were told that the Daisy gold project in Nevada should be up and running by late 1996.Engineering work and permitting are under…
PEOPLE — TORONTO STOCK EXCHANGE
John Clark elected chairman; Barbara Stymiest elected vice-chairman; William Broadhurst, Michael Brown, Thomas Caldwell, L. Charest, Arthur Condliffe, Edward England, Helen Kearns, William Moriarty, G…