EDITORIAL PAGE — Mining in the new South Africa
Mining is a cornerstone of the economy of South Africa, so it is not surprising that diverse interest groups within the democratically governed country are debating the formulation of a national minin…
News
GOLD FUNDS (November 20, 1995)
Gold Funds as of November 9, 1995BGRCentralNet Value$17.15$6.62Price$13.75$6.375Discount19.81%3.7%Value$134,065,000$115,383,038…
Misty Mountain , Romulus merge
Ownership of the Harmony gold project in British Columbia is now consolidated into Misty Mountain Gold (TSE), following its merger with Romulus Resources.Misty Mountain rolled back its shares on a 1-f…
Work continues at Parker Lake
Toronto-listed partners Cumberland Resources, Comaplex Minerals and Manson Creek Resources report that additional sampling has returned encouraging values on three prospects found on their Parker Lake…
PRODUCER PRICES (November 20, 1995)
ALUMINUM: MW U.S. market US77.25 cents-78.25 cents per lb. (Nov. 3, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (Oct. 13, 1…
Sunshine Mining moves to prop up its common stock
Silver producer Sunshine Mining & Refining (NYSE) plans to do away with its preferred stock and merge with a subsidiary in an effort to bolster the stock price.The company reached an agreement with th…
GREATEST VALUE TRADED (November 20, 1995)
Sherritt T173569$20 1/81819 7/8+1 7/8Inco Ltd T113437$47 5/845 5/847+3/8Barrick Gold T112343$35 1/833 1/233 1/2-3/8Placer Dome T101288$33 1/231 5/831 3/4-3/4Kinross Gld T…
Inmet triples its net earnings
Four factors — higher metal prices; increased production at Norddeutsche Affinerie; the acquisition of the WBH tungsten powder operation; and the initiation of operations at two base metal mines — h…
NEWS IN BRIEF (November 13, 1995)
Cliff Resources (CFK:TSE) has changed its name to Mineral Resources (MIC:TSE).
PEOPLE — SUMMEX MINES (November 13, 1995)
John Torok appointed director.
PEOPLE — SONOMA RES
Daniel Kunz appointed president, chief executive officer and director.
PEOPLE — REGEENA RES
Rennie Blair appointed director.