Bethlehem, Goldnev repay loan
Partners Bethlehem Resources (TSE) and Goldnev Resources (VSE) will soon finish repaying the loan they received to reactivate the Goldstream mine near Revelstoke, B.C. The final payment of US$528,000 …
News
Cons. Nevada takes writedowns
Despite higher gold production, Consolidated Nevada Goldfields (TSE) reported a year-end loss. Three factors — lower-than-expected grades, US$5.2 million in writedowns and other expenses totaling US$…
PRODUCER PRICES (October 17, 1994)
ALUMINUM: MW U.S. market US78.5-79.5 cents per lb. (Sept. 22, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 30, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 30, 199…
Native conference in Calgary area
The Tsuu T’ina First Nation in Alberta will host a conference dealing with resource development on traditional aboriginal territories. The event, scheduled for April 23-26, 1995, will be held both in …
Carmacks feasibility complete
A feasibility study states that the Carmacks copper project in the Yukon can produce 45 tons of copper per day during an 8.5-year mine life. Situated 25 miles northwest of Carmacks, Y.T., the project …
Moneta uncovers gold in Arizona
Timmins-based Moneta Porcupine Mines (TSE) has discovered gold near Wickenburg, Ariz. The discovery was made after sampling was carried out on an outcrop over an 80-metre length. Results from chip sam…
PEOPLE — IMPACT
Eric Cardy appointed vice-president.
PEOPLE — FOOTWALL
John Ma appointed director.
Ottawa prepared to move on environmental reviews
The federal government is moving to implement regulations on environmental reviews dealing with mining and other industrial projects. Speaking in the House of Commons, Environment Minister Sheila Copp…
Atlas options Gold Bar interest to Homestake
Under an agreement with Atlas (NYSE), San Francisco-based Homestake Mining (TSE) can earn a 60% interest in 450 claims on the southern portion of the Gold Bar property near Eureka, Nev. Homestake must…
TSE Short Positions (October 17, 1994)
Semi-monthly reports as of Sept 15, 1994 showed 252,996,914 shares of 872 issues compared with 277,080,927 shares of 904 issues on Aug 31, 1994. Larger individual positions included: Aber 108,040; Ade…
Canarc plans drill program for new zone at Polaris-Taku
Surface work on the Polaris-Taku property in northwestern British Columbia has identified a 5,000-ft. northerly strike extension of the property’s three main vein systems. Property owner Canarc Resour…