OTHER’S WORDS (July 20, 1992)
What is the largest gold producer in Canada? I’m sure some of you will say it’s the Hemlo mine or perhaps Campbell Red Lake, but you will be wrong. The largest gold producer in Canada is in fact the B…
News
OBITUARY — George Ellsworth
Noted geologist George Ellsworth died recently while visiting his son in Australia. He was 53. A graduate from Princeton University, Ellsworth had worked for Noranda Inc.’s sales division before he se…
LETTERS TO THE EDITOR — Byers wrote for posterity
It was with some sadness that I recently learned of Dr. A.R. Byers’ death. I never met him face to face but I knew him well and respected him through his work. He completed a doctoral thesis in 1936 a…
GUEST COLUMN — Forecasting the future of gold
Through continuous work with both production-consumption and price statistics I had come to the conclusion that, at least for long-term projec tions, supply and demand on the one hand and price on the…
LETTERS TO THE EDITOR — Mining taxes in Saskatchewan
There is no doubt that Manitoba is making a big effort to attract mining investment and your editorial (T.N.M., June 22/92) was timely. In your review of the Manitoba situation, you highlighted the ta…
LETTERS TO THE EDITOR — GAC members
Patrick Whiteway may be partially correct in his guest column (T.N.M., June 15/92) for the declining membership in the Geological Association of Canada (GAC). As an original member of GAC, I dropped m…
ICME elects Ellis as new chairman
Jeremy Ellis was elected as chairman of The International Council on Metals and the Environment (ICME) to replace its founding chairman, Keith Hendrick. Ellis is the chief executive officer of BHP Min…
Customer cuts Uranium deliveries
The largest customer of Uranium Resources (TSE) has reduced significantly the amount of 1993 deliveries. The company says the client has cut back its requirements for its nuclear reactors to 72,000 lb…
McLeod calls off Falconbridge deal
Mining financier Dennis McLeod has elected not to go ahead with a previously announced proposal to purchase from Falconbridge a 56.4% interest in Falconbridge Gold (TSE). In April, Portree Inc., a pri…
Control changes at Bull Run
Norman Burmeister, president of Bull Run Gold Mines (NASDAQ), recently sold all his shareholdings in the company to the Robinson-Prather Partnership. The purchase price for Burmeister’s 1.284 million …
TORONTO STOCK EXCHANGE INDICES (July 20, 1992)
July 14 July 13 July 10 July 9 July 8 High Low Composite”300″3463.17 3449.23 3447.55 3439.75 3418.38 4009.47 3009.91 Metals&Minerals 3210.36 3203.69 3203.87 3201.46 3172.31 3453.06 2502.63 Integrated …
STOCK MARKETS — Rising gold stocks give TSE 300 index a
A firmer gold price rode to the rescue of an otherwise flat market during the week ended July 14 as the yellow metal hit US$350.90 in London, up US$3.25 from last week. Bolstered by the exaggerated in…