PEOPLE — AMERICAN RESOURCE
Bruce Thiesen named vice-president and chief financial officer; Anthony Miller named vice-president of administration and general counsel; Martin Quick named vice-president of operations; A.C. Perkins…
News
PEOPLE — ALTAI RES.
Ivan de Souza appointed chairman.
Drill results from Wolverine zone keep Westmin Resources bullish
Assay results appear to be confirming the high hopes that Westmin Resources (TSE) has for the Wolverine discovery in southeastern Yukon.A previously reported 4.1-metre intersection of high-grade massi…
Diamond News Roundup — GMD prepares to drill Royce Group
Drilling is set to begin testing nine targets at the fully owned Royce Group property of GMD Resource (VSE), 60 miles northwest of Yellowknife.GMD has selected its targets on the basis of till samplin…
STOCK MARKETS — Sluggish western markets fail to gather steam
Western markets capped off a lacklustre month with a sluggish performance over the report period ended Nov. 28. The Vancouver Stock Exchange composite index edged upward 4.92 points to close at 777.93…
Toronto Stock Exchange Indices (December 04, 1995)
1995 Nov 28Nov 27Nov 24Nov 23Nov 22HighLowComposite 3004674.184660.034672.044672.304658.854718.273983.34Metals&Minerals5179.425199.605241.605266.375246.895276.123273.56Integrated M…
Gold Funds (December 04, 1995)
Gold Funds as of November 23, 1995BGRCentralNet Value$17.07$6.51Price$13.38$6.25Discount21.65%4.0%Value$133,465,000$113,120,625…
EDITORIAL PAGE — Reforming WCB
The business community in the province of Ontario appears to be solidly behind the government’s proposal to reform the Workers’ Compensation Board (WCB). Most agree that the WCB system should be based…
PRODUCER PRICES (December 04, 1995)
ALUMINUM: MW U.S. market US77 cents-78 cents per lb. (Nov. 24, 1995).ANTIMONY: MW New York dealer US$2.20-2.40 per lb. (Nov. 24, 1995).BISMUTH: MW New York dealer US$4.00-4.30 per lb. (Nov. 24, 1995)….
New zone active at Lac des Iles
A newly discovered zone will soon be providing most ore production at the Lac des Iles platinum group metals mine in northwestern Ontario.In fact, production from the C zone already has begun, enablin…
Sherritt proposes rights offering
Terms of a rights offering, resulting from the restructuring of Sherritt (TSE) into two independent public companies, have been proposed.The company has declared a dividend, in the form of transferabl…
Stratabound uncovers more at Taylor Brook
A second phase of drilling has expanded the Taylor Brook polymetallic deposit, 40 km southwest of Bathurst, N.B.Owner Stratabound Minerals (ASE) reports that the 9-hole program has extended the strike…