Toronto Stock Exchange Indices (January 16, 1995)
— 1994 — Jan 10 Jan 9 Jan 6 Jan 5 Jan 4 High Low Composite”300″ 4191.86 4160.52 4151.65 4160.43 4154.53 4609.93 3518.31 Metals&Minerals 4237.82 4185.09 4146.01 4093.73 4094.60 4289.04 3273.56 Integr…
Articles by Northern Miner Staff
STOCK MARKETS — 1994 trading helps VSE approach near
Trading and financing approached near records for the Vancouver Stock Exchange in 1994. Financing raised through the exchange totalled $1.27 billion, which, in the exchange’s 87-year history, ranks se…
STOCK MARKETS — Flat gold price, weak dollar limit TSE
A stagnant gold price, coupled with continuing weakness in the price of the Canadian dollar, limited the Toronto Stock Exchange to a small gain over the 5-day report period ended Jan. 10. The composit…
PEOPLE — PLACER DOME LATIN AMERICA
W. Hayes appointed president and chief executive officer.
PEOPLE — COEUR D’ALENE (January 16, 1995)
Lynn Pirozzoli appointed vice-president of environmental services and regulatory affairs.
ODDS’N’SODS — Old camp still sparkles
Several years ago, my wife and I had the unusual pleasure of visiting the Atlin district in the northwestern corner of British Columbia. We travelled by vehicle down a dusty country road along the sho…
Faster trade settlements
Beginning in June, financial markets in Canada will adopt a faster system for settling securities trades. The change, which will see most equity and bond trades settled in three days instead of five, …
PEOPLE — CYPRUS MINERALS (January 16, 1995)
Garold Sprindler appointed vice-president and officer.
METALS COMMENTARY — Base metals continue to advance
Markets opened the year in good shape, with base metal prices, in particular, continuing to inch upwards. The metal price upsurge reflects burgeoning demand by consumers in most markets. Europe and Ja…
PRODUCER PRICES (January 16, 1995)
ALUMINUM: MW U.S. market US93.5 cents-94.5 per lb. (Dec. 30, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …
El Bravo acquiring Chilean project
Junior El Bravo Gold Mining (VSE) has agreed to acquire the Chanaral copper concession in northern Chile through the reverse-takeover of the Chilean company Southern Cross S.A. The number of shares to…
Cdn. Mining options Lynx Lake
An option agreement enables Canadian Mining Resources (ASE) to gain a stake in the Lynx Lake gold property held by Leeward Capital (VSE). Canadian can earn a 40% working interest by issuing 50,000 sha…