Cyprus Amax suspends mining at Climax mine in Leadville
Inco Ltd T173433$47 1/444 1/445 7/8-1 3/8.TBarrick Gold T115839$37 1/834 5/834 5/8-2Placer Dome T106226$39 1/436 36 1/2-2 1/4Diamond Flds T65703$70 3/468 3/4 69 3/4-7/8Falco…
News
Line Creek coal mine will expand
The Line Creek coal mine has received approval from the British Columbia government to expand to Horseshoe Ridge. The mine is about 18 km northeast of Sparwood.Line Creek Resources has been producing …
NEWS ROUNDUP — St. Genevieve sells Novicourt interest
St. Genevieve Resources (TSE) has sold 2.2 million shares of Novicourt (TSE) for $5.25 per share.The transaction generated proceeds of $11.2 million and a profit of $6.1 million. The proceeds will be …
Index (July 24, 1995)
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NEWS IN BRIEF (July 24, 1995)
Welcome North Resources (WLN:VSE) has changed its name to Welcome Opportunities (WLO:VSE) on a 1-new-for-8-old-share basis.
PEOPLE — CELTIC MINERALS
Patrick Hannon, Wayne Ewert and David Graham appointed directors.
PEOPLE — METALLICA (July 24, 1995)
Louis Lepry appointed president and chief operating officer.
GOLD FUNDS (July 24, 1995)
Gold Funds as of July 18BGRCentralNet Value$18.41$6.67Price$14.25$6.50Discount22.60%2.5%Value$143,945,000$117,645,450…
Taseko retains investment banker
To advance the sale of its Fish Lake copper-gold project in British Columbia, Taseko Mines (VSE) has retained Toronto Dominion Securities as financial adviser and agent.Several international mining co…
New legislation improves mining incentives in Panama
New legislation aimed at harmonizing tax incentives is expected to benefit Panama’s nascent mining industry.The Universalization of Incentives Law, recently signed by President Ernesto Perez Balladare…
Finds in South Africa and N.W.T. keep SouthernEra Resources busy
With a diamond find in South Africa and a ground position next to one of the most prospective kimberlite pipes Canada has thus far offered up, SouthernEra Resources (TSE) is expecting 1995 to be a bus…
TORONTO STOCK EXCHANGE INDICES (July 24, 1995)
1995July 18July 17July 14July 13July 12HighLowComposite”300″4667.424700.414688.834698.044710.314718.273983.34Metals&Minerals 5123.11 5180.155139.925127.305105.555194.633273.56Integ…