NEWS IN BRIEF (April 03, 1995)
Chiboug Copper has changed its name to Guyana Goldfields on a 1-new-for-4-old-share basis.
Articles by Northern Miner Staff
Placer Dome, Gold Fields settle Pipeline dispute
Litigation concerning the Pipeline project in Nevada’s Lander Cty. has been resolved, Placer Dome (TSE) reports. The legal dispute began in 1992 when Gold Fields Mining challenged the conduct of Place…
Voisey drilling shows zone continuity
Drilling at the Voisey Bay nickel-copper-cobalt project in Labrador continues to intersect mineralization, indicating the zone has excellent continuity in both grade and thickness. To date, Diamond Fi…
OBITUARY — Mario de Bastiani
A pioneer in the Canadian uranium industry through his involvement in the development of the town of Elliot Lake, Ont., and the startup of Consolidated Denison Mines in 1955, Mario de Bastiani, P. Eng…
Minieres du Nord outlines anomalies
Amos, Que.-based Explorations Minieres du Nord (ME) has outlined five induced-polarization anomalies on its Barry Twp. property. The property, situated in northwestern Quebec, is contiguous with, and …
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…
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)…
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…
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…
Gwalia to produce lithium carbonate
A lithium carbonate plant in Western Australia is expected to be commissioned in October. Perth-based Gwalia Consolidated reports that the plant will have an annual capacity of 5,000 tonnes, with feed…
Companies pledge emission cutbacks
Thirteen large, Canadian mining companies have reduced emissions of 12 major substances by 43% and have pledged to reduce the discharges by 71% by the end of the decade. The companies, members of the …
St. Genevieve in option deal for Philippine property
A signed agreement could see St. Genevieve Resources (ME) acquire a 60% interest in the Capcapo gold-copper property in the Philippines. Previously, the 1,900-acre property was optioned by a major int…