Companies (July 31, 1995)
B SECTIONAmax GoldAnglo SwissAnvilAtlas Baja GldBHP MinrlsBralrn-PionCathedral GCominco,Coral GoldCorner BayCornucopiaCyprus AmaxEcho BayEldoradoGeomaqueGold CityGold GiantGreat LksHomestake…
News
LABRADOR NEWS ROUNDUP — Magna locates copper gossans
Preliminary exploration of the Rocky Cove property, 220 km northeast of Goose Bay, Labrador, has identified two copper-bearing gossans.Consolidated Magna Ventures (VSE) reports that iron oxide and sul…
LABRADOR NEWS ROUNDUP — Anomaly may relate to graphite
Preliminary field work is under way on ground held jointly by United Compass Resources (VSE) and Layfield Resources (VSE).The property, situated 40 km northwest of the Voisey Bay discovery in Labrador…
GeoNova picks up African property
Montreal-listed GeoNova Explorations has acquired an exploration concession in Burkina Faso which hosts three gold showings.The junior will be permitted to explore the 484-sq.-km Titao concession for …
Greenstone ups stake in project
Greenstone Resources (TSE) can increase its interest in the San Andres gold project in Honduras to 92% from 81.75%.The company began acquiring an interest in the project in February, 1994, since which…
Falconbridge grows despite production snags at Sudbury
Production problems at the Sudbury operations of Falconbridge (TSE) have not impaired the company’s year-over-year increases in earnings and revenues.Earnings for the second quarter amounted to $72.3 …
New agreement at CCR refinery
Unionized workers at Noranda Metallurgy’s CCR refinery voted 86% in favor of accepting the terms of a new collective agreement.The agreement, which expires in May of 1998, calls for a 2% increase in t…
Drilling at Midas adding lustre to royalty sisters
A second phase of drilling is being completed by Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) on their 22,000-acre Midas gold property in northern Nevada.For the past three years, the compa…
ODDS’N’SODS — A hairbreadth ‘scape down Mexico way
Along with a great many other miners who have turned towards Latin America, I had the opportunity of working in Mexico last year.I have worked in, or visited, many of the famous old mining camps of ye…
Noranda to buy shares of BM&S
A transaction valued at about $225 million will enable Noranda (TSE) to acquire all the publicly held shares of its 63%-owned subsidiary, Brunswick Mining & Smelting (TSE).Noranda will issue half a No…
DIAMOND NEWS ROUNDUP — BHP, Dia Met inching towards production
The recent submission of an environmental impact statement by partners BHP Diamonds (a subsidiary of BHP Minerals) and Dia Met Minerals (TSE) sets in motion the permitting process for what could be No…
PRODUCER PRICES (July 31, 1995)
ALUMINUM: MW U.S. market US89.56.5-90.5 cents per lb. (July 21, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.60-3.70 per lb. (July 21, 1995)…