Lack of water halts NDT drilling
A lack of water has forced NDT Ventures (VSE) to suspend drilling on the Project 52 joint venture with Primero Industries (VSE), about 45 km southwest of Nain, Labrador. The first hole of a proposed 3…
News
STOCK MARKETS — Resource stocks lead stubborn bull forward
The Toronto Stock Exchange moved slightly higher during the report period ended Nov. 21, drawn along by strength in the natural resource stocks. The TSE 300 composite index gained 52.54 points, or 1.1…
PRODUCER PRICES (November 27, 1995)
ALUMINUM: MW U.S. market US76.5 cents-77.5 cents per lb. (Nov. 17, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (Oct. 13, 19…
Spot prices at a glance (November 27, 1995)
Wednesday, November 22, 1995Week’s Price (US)ChangeGold*$385.30-$0.30Silver*$ 5.30-$0.04Platinum*$413.75-$2.25Nickel**$ 3.87+$0.08Lead**$ 0.34+$0.03Copper $ 1.36+$0.01Zinca$ 0…
GOLD FUNDS (November 27, 1995)
Gold Funds as of November 16, 1995BGRCentralNet Value$17.03$6.60Price$13.38$6.250Discount21.44%5.3%Value$133,113,000$113,120,625…
ODDS’N’SODS – J. Brickyard provided oasis in a dry land
In the 1920s, Timmins, Ont., was a real boom town. Schools, hospitals, hotels and storefronts used “brick” construction. With Kirkland Lake emerging, and both communities adjacent to the great clay be…
Companies (November 27, 1995)
INDEXAmer. Min. FldsAranleeArchon Min.Athabaska GldAtnaAzco M’gBaja GoldBlack HawkBre-X Min.BreckenridgeBreseaCaledonia M’gCamphor VentrsCdn StatesCons Cyn-TechDenisonDiamond FieldsDitemEcho Ba…
Toronto Stock Exchange Indices (November 27, 1995)
— 1995 — Nov 21Nov 20Nov 17Nov 16Nov 15HighLowComposite”300″4624.704600.754599.644575.714560.494718.273983.34Metals&Minerals5141.114970.074937.974927.034927.745276.123273.56Inte…
EDITORIAL PAGE — Just call to say E `keep mining in Canada’
The telephone of John Manley, Canada’s minister of industry, will be ringing off the hook during the work week starting Nov. 27. And that’s because people from across the country will be calling the m…
Breckenridge eyes Chinese project
Junior Breckenridge Resources (VSE) intends to develop the Xiacun zinc-lead-silver project in China’s Szechwan province, near the Tibetan border. To do so, it must complete a bankable feasibility stud…
Greenshield completes survey on Alexis River property
Airborne surveying has been completed on the Alexis River property of Greenshield Resources (CDN), 250 km southeast of Goose Bay, Labrador. The survey shows zones of high magnetic susceptibility that …
Approval still pending for Azco-Phelps Dodge deal
Six months have passed since Azco Mining (AMEX) announced it was selling two copper deposits — one in Arizona, the other in Mexico — and the board of directors is still having difficulty convincing …