Companies (May 29, 1995)
Aber Akiko GoldAltaiAmax GoldAshton Mng CanAurAurizonBarrick GoldCaledoniaCamphor VCanyonChampionChannelConquistdr Cons SamrkdContl PacfcDiamnd FldsEcho BayElectra MngFalcon…
1995
Anglo American studies Venezuelan nickel mine
Having completed a feasibility study on the Loma de Hierro nickel project in Venezuela, Anglo American hopes to work towards development of an open-pit mine.The proposed operation would produce ferro-…
INVESTMENT COMMENTARY — Investors advised to pursue promising junior
With the takeover of International Musto Resources (TSE) by Rio Algom and Australian-based North Ltd. all but complete, investors may be on the lookout for juniors exhibiting similar exploration poten…
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…
Channel to make rights offering
A planned rights offering by Channel Resources (VSE) will enable the junior to continue exploring its gold concessions in Burkina Faso, West Africa.Channel, which has 19 million shares outstanding, wi…
Toronto Stock Exchange joins top 10 list
The Toronto Stock Exchange has joined the top 10 list of world stock exchanges.Record trading values of US$133.4 billion catapulted the TSE to a new plateau; it now ranks 10th amongst the world’s elit…
Canarc drilling Guyanese property
Drill crews at the Ianna property in Guyana have struck gold mineralization in two separate areas.Canarc Resource (TSE) is earning up to a 65% interest from Roraima Gold (VSE) by carrying out drilling…
Spot prices at a glance (May 22, 1995)
Wednesday, May 17Week’s .T Price (US)Change Gold*$383.40 $0.00 Silver*$5.38- $0.10 Platinum*$428.65-$6.85 Nickel**$3.31+ $0.16 Lead**$ 0.27+$0.01 Copper$ 1.26+$0.02 Zinc$ 0….
Cambior drilling at Douay West
Confirmation drilling by Cambior (TSE) at the Douay West gold project near Joutel, Que., has returned some encouragingintersections.Property owner Societe d’exploration miniere Vior (ME) reports that …
RFC expands Pend Oreille play
Drilling has increased preliminary reserves by 39% at the Pend Oreille zinc project in northeastern Washington state.RFC Resource Finance (TSE) carried out a 21,918-ft. program, consisting of 21 holes…
Meetings (May 22, 1995)
May 29, Hillcrest — annual, generalMay 29, Morrison Middlefield — annualMay 29, Northridge — annual, generalMay 29, NDU — annual, generalMay 29, Platinova A/S — annual, specialMay 29, Platinova R…
Imperial reserves rise dramatically (May 22, 1995)
Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…