Cathedral expands Hicks gold zone
Drilling on the Kaburi-Eldorado project in Guyana has confirmed the continuation of the Hicks gold zone along strike and to depth. Cathedral Gold (TSE), which can earn up to a 90% interest in the prop…
News
THE LATIN BEAT — Argentina Gold expands holdings
By acquiring the property known as Las Tortolas-Vacas Heladas, Argentina Gold (VSE) has gained another block of ground in Argentina. The deal includes yearly property payments and spending commitments…
EDITORIAL PAGE — Kudos (yes, kudos) for B.C. government
Over the past year or so, we have bashed the provincial government of British Columbia for some of its incredibly knuckleheaded decisions. The decision, last year, to expropriate the Windy Craggy copp…
Royal Oak: a mining upstart with an appetite for growth
Royal Oak, based in Vancouver, B.C., owns and operates four Canadian gold mines — the Pamour in Timmins, Ont., the Giant and Colomac in the Northwest Territories and Hope Brook in Newfoundland. In 19…
Gold City acquiring producer
Concurrent with a change in control, Gold City Resources (ASE) hopes to revive the old Camp McKinney property near Bridesville, B.C. Control of Gold City recently changed to John Chapman, Mel Smale an…
Commodity index surges in May
In a surge which reflects signs of improving industrial activity in continental Europe, the Bank of Nova Scotia’s commodity price index jumped 7.2% in May. All sub-indexes increased, with base metals …
COMMENTARY — Making Brunswick more competitive
— From a speech by John Carrington, outgoing president of Brunswick Mining and Smelting, at the company’s annual meeting: By many standards, Brunswick Mining and Smelting is straightforward and uncom…
LETTERS TO THE EDITOR — Tatshenshini video would be good
From coast to coast, Canada has never known such mineral wealth from combined copper, gold, silver and cobalt reserves as that which is indicated in the northwest corner of British Columbia. The inves…
TSE SHORT POSITIONS (July 25, 1994)
Semi-monthly reports as of Jun 30, 1994 showed 249,548,306 shares of 870 issues compared with 248,555,294 shares of 866 issues on Jun 15, 1994. Larger individual positions included: Aber 51,200, down …
Vengold results cause investor concern
Although the junior has expressed encouragement over drill results from its Venezuelan properties, shares of Vengold (TSE) took a tumble, dropping $2.25 to close at $5.50, following news of the result…
Inco debenture offering grows
The size of a debenture offering (T.N.M., June 27/94) being made by Inco (TSE) in the U.S. has grown to US$172.5 million from US$150 million. Underwriter Morgan Stanley has exercised its option to buy…
Two miners killed at Eagle Point
Two miners were killed at the Eagle Point uranium mine in northern Saskatchewan when a large piece of rock fell off the side wall. Project operator Cameco (TSE) closed the underground area pending an …