Geophysics start in Costa Rica
Airborne geophysical surveys are under way on Costa Rican properties held by Barrick Gold (TSE), Lyon Lake Mines (ME) and Placer Dome (TSE).The three companies hold adjacent ground in the Sarapiqui be…
Placer Dome Inc
Hemlo, Orvana acquire Chilean property
Toronto-listed Orvana Minerals and senior gold producer Hemlo Gold Mines (TSE) are optioning the Esperanza gold property in northern Chile.Hemlo will hold 60% and Orvana 40% of the joint venture, whic…
STOCK MARKETS — Market slides but gold stocks catch a wave
The Toronto Stock Exchange saw most of last week’s moderate gain slip away, as market participants remained edgy on conflicting economic news. For the 5-day report period ended Aug. 15, the TSE 300 co…
Continental adds to zinc discovery
Drilling on the Anialik-High Lake project in the Northwest Territories continues to return zinc-copper mineralization for property owner Continental Pacific Resources (VSE).Hole R-11-95 returned a 13….
R&D firm unveils new gold bioleaching process
A biochemical process developed by a firm based in Bozeman, Mont., is showing potential as an inexpensive, clean alternative to cyanidation in gold extraction.Yellowstone Environmental Science is deve…
Lacklustre first half for Placer
Significantly higher exploration expenditures, along with lower gold-related income and an investment writeoff, were experienced by Placer Dome (TSE) in the first half of 1995.The company netted US$12…
Companies (August 14, 1995)
INDEXAgnico-EagleAlleghenyAmerican BullionAsarcoBarrick GoldBattle MtnBema GoldCanAlaskaCash ResourcesColumbia YukonCons MagnaCons NirvanCons ViscountFalconbridgeFirst LabradorFormation CapitalGold R…
STOCK MARKETS — Markets make gains as dollar strengthens
The holiday weekend in several Canadian provinces left most investors indifferent as the Toronto Stock Exchange posted a moderate gain of 34.82 points. Over the 4-day report week ended Aug. 8, the TSE…
STOCK MARKETS — GREATEST VALUE TRADED, JULY 26-AUGUST 1
Exchange Value($000s)HighLowCloseChange Barrick Gold T126650$35 3/833 7/835 3/8+3/4Placer Dome T117249$36 7/83435 1/2-1Inco Ltd T110618$46 5/84545-7/8Falconbridge T59748$29…
STOCK MARKETS — TSE languishes as summer slump settles in
The dog days of summer are upon us, leaving the Toronto Stock Exchange listless and tranquil. The TSE 300 composite closed at 4,586.92 points, down 32.31, for the 5-day report period ended Aug. 1.Sign…
Sutton intersects high-grade gold at Bulyanhulu project
Extensive drilling on the Bulyanhulu gold project in Tanzania is encountering significant gold mineralization well below previous depths.Sutton Resources (VSE), which acquired the project a year ago, …
Copper price keeps Princeton in black
With the Similco open-pit operation in British Columbia running smoothly and the price of copper reaching record highs, Princeton Mining (TSE) performed solidly in the second quarter.The company earne…