PEOPLE — GRANGES (May 29, 1995)
Michael Richings appointed president and chief executive officer.
News
PEOPLE — FIRST DYNASTY (May 29, 1995)
Timothy Haddon, Johannes Kotjo, Beverly Downing, Guy Hodgson, Frederick Park and John Paterson elected directors.
PEOPLE — BIRCH MOUNTAIN (May 29, 1995)
Richard Garnett elected chairman.
DIAMOND ROUNDUP — AK diamond results maintain interest in N.W.T. camp
Partners Mountain Province Mining (VSE), Glenmore Highlands (ASE) and Camphor Ventures (VSE) continue to release partial results from the 5034 kimberlite pipe on the AK property, 150 km south of Lac d…
Toronto Stock Exchange Indices (May 29, 1995)
— 1995 –May 23 May 22 May 19 May 18 May 17 High LowComposite”300’4427.63N/A4367.264374.674373.354427.633983.34Metals&Minerals4270.76N/A4130.914118.854124.784337.893273.56Integrated Min…
TSE Short Positions (May 29, 1995)
Short positions outstanding at April 28, 1995.Larger individual positions included: Aber Res. 29,100; Agnico-Eagle 86,048; Asia Pacific 75,000; Baja Gold 71,500; Barrick Gold 4,744,463; Bema Gold 889,…
PRODUCER PRICES (May 29, 1995)
ALUMINUM: MW U.S. market US84-85 cents per lb. (May 12, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CADMIUM…
William to raise funds for Velardena
Toronto-listed William Resources intends to raise as much as $9 million to develop and construct a silver-gold mine at its Velardena project in Mexico’s Durango state.The company will issue 10-11.25 m…
Canyon extends date for warrants
Junior Canyon Resources has extended the expiration date of warrants for buying stock.The extension, to Sept. 30 from June 30, applies to 3.9 million warrants exercisable at US$3.50 per share.Startup …
Morrison Knudsen picked for Fort Knox
Contractor Morrison Knudsen (NYSE) has been selected to construct facilities for the Fort Knox gold mine, north of Fairbanks, Alaska.Fairbanks Gold Mining, a wholly-owned subsidiary of Amax Gold (NYSE…
Hecla Mining moves closer to turnaround
Despite a considerable improvement over the same period of 1994, Hecla Mining’s (NYSE) report for the recent first quarter was marred with red ink.A US$10-million rise in revenue to US$37 million did …
Santa Fe reinterprets Springpole
Exploration at the Springpole project, 71 miles east of Red Lake, Ont., will return to the basics this summer as Santa Fe Pacific Gold (NYSE) attempts to reinterpret the property’s geology.Santa Fe, w…