TSE Short Positions (February 06, 1995)
Semi-monthly reports as of Jan 15, 1995 showed 244,193,506 shares of 792 issues compared with 226,878,791 shares of 799 issues on Dec 31, 1994. Larger individual positions included: Aber 111,940, up 4…
1995
CORPORATE TRENDS — Expanding, modifying Harjavalta
The 50-year-old Harjavalta copper and nickel works in eastern Finland are being expanded and modified. The owner, Outokumpu, plans to increase the copper smelting and electrolytic refining capacity by…
New ventilation for Campbell
A new heating, ventilation and air-conditioning system will save Placer Dome a bundle of money at its Campbell gold mine in northwestern Ontario. The gold producer figures it will save $220,000 annual…
Silver Standard to drill El Gato
By early February, a 1,400-metre drilling program will begin on El Gato, a silver property in central Mexico. Silver Standard Resources (VSE) reports that preliminary exploration outlined a large silv…
Cambiex exploring Polo Sur property in northern Chile
Results from the Polo Sur copper property in northern Chile have been released by Cambiex Exploration (ME). More than 20 trenches were excavated along a regional trend of copper mineralization. The hi…
Cambior to spend $62 million at Grevet
The directors of Cambior (TSE) have decided to spend an additional $62 million on preproduction work at the Grevet polymetallic project, 80 km northeast of Lebel-sur-Quevillon, Que. The deposit has a …
METALS COMMENTARY — Are metals prices about to peak?
Surging metals prices are attracting the attention of consumers and investors. Bolstered by ever-stronger physical demand, prices for many metals are now at or near the pre-recession levels of several…
Expatriate exploring Canalask property
Beginning in March, a 3,000-metre drill program will further test nickel-copper-cobalt mineralization at the Canalask property in southwestern Yukon. Junior Expatriate Resources (VSE) recently tested …
Sharpe, Freewest cut sulphides
Partners Sharpe Energy & Resources (VSE) and Freewest Resources Canada (TSE) are encouraged by results of the second hole drilled on their Bend massive sulphide deposit in Wisconsin. Hole B94-18, whic…
Black Hawk to acquire copper-gold deposit
Toronto-based Black Hawk Mining (TSE) will acquire Boliden Resources’ interest in the Bald Mountain copper-gold property in Maine. The purchase price is US$2 million and a 2% net smelter return (NSR) …
Musto work progressing at Bajo de la Alumbrera
Development of the Bajo de la Alumbrera copper-gold deposit in northwestern Argentina continues to proceed on schedule. The project is a 50-50 joint venture between International Musto Explorations (T…
Fort Knox drill program tests Ontario property
A recent drill program by Fort Knox Gold Resources (TSE) has intersected additional sulphide mineralization at the company’s base metal property in Ontario’s Fawcett Twp. In one program, two short hol…