PEOPLE — PRECISION INTL.
Craig Steinke appointed president and director.
News
Worker killed at Seabee mine
Aaron Warren, 42, of Yahk, B.C., was killed on Nov. 24 by a falling rock at Claude Resources’ Seabee gold mine in Saskatchewan. It was the first fatality at the underground mine, which opened in 1991….
Toronto Stock Exchange Indices (December 18, 1995)
1995 Dec 12Dec 11Dec 8Dec 7Dec 6HighLowComposite”300″4703.674739.844740.574724.304745.104752.803983.34Metals&Minerals5089.875124.885149.775184.595247.245276.123273.56Integrated Min…
Wyoming geologists identify nickel-copper-cobalt prospect
The Wyoming State Geological Survey has identified anomalous nickel-copper-cobalt mineralization in the southeastern part of the state.Samples collected from a layered, mafic-ultramafic complex known …
Financing (December 18, 1995)
Exploration Brex — 7,000,000 Class A shs and 3,500,000 Class A Sh Purchase Wts upon the exercise of 7,000,000 previously issued Special Wts @ 36 cents per special Wt.
Investment Commentary — Cash flow suggests Granges undervalued
With cash flowing steadily from its Crofoot-Lewis mine and exploration plans taking shape in Nevada and South America, Granges (TSE) is “seriously undervalued.”So argues David Williamson Associates, a…
Aur applies to repurchase shares
Aur Resources (TSE) has applied to the Ontario Securities Commission for an order that will exempt it from making formal notice of an issuer bid if it buys back shares held by Teck (TSE) and Cominco (…
Mosquito and Intl. Wayside drill-test Cariboo for bulk-tonnage potential
Drilling on the Cariboo Gold Quartz mine property in central British Columbia is returning gold values for Vancouver-listed partners Mosquito Consolidated Gold Mines and International Wayside Gold Min…
Loma de Hierro granted approval
It’s full steam ahead for the Loma de Hierro laterite nickel project.A recent environmental approval by the Venezuelan government follows close on the heels of approval for the feasibility study.The p…
Production on the rise for Placer
Gold output for Placer Dome (TSE) is expected to reach 2 million oz. in 1996, up from a projected 1.8 million oz. in 1995.The company expects its cash cost of production to average US$220 per oz. in 1…
Conwest, Alberta Energy plan merger
Oil and gas explorer and producer Alberta Energy announced plans for a buyout of Conwest Exploration (TSE), under which the merged company would sell Conwest’s mining and hydroelectric interests.Alber…
PRODUCER PRICES (December 18, 1995)
ALUMINUM: MW U.S. market US78 cents-79 cents per lb. (Dec. 1, 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).C…