PEOPLE –COLOSSAL
David Balchin appointed director.
News
Spot prices at a glance (December 11, 1995)
Wednesday, December 6, 1995Week’s Price (US)ChangeGold*$387.60-$1.35Silver*$ 5.26+$0.04Platinum*$414.00-$1.00Nickel**$ 3.61-$0.10Lead**$ 0.34$0.00Copper$ 1.35$0.00Zinc$ 0.46…
PEOPLE –BIRCH MOUNTAIN
Gordon Toll and Myron Goldstein appointed directors.
Sun shines on Formation Capital as drilling progresses in central Idaho
Drilling has expanded the Sunshine cobalt-copper deposit in Lemhi Cty., Idaho.As part of a 30,000-ft. program, Formation Capital (TSE) extended the Sunshine Lode zone at depth, into an area previously…
PEOPLE –ASIA PACIFIC RES.
Al Wahlstrom appointed chief operating officer.
PEOPLE — ALTAI (December 11, 1995)
Ivan de Souza appointed chairman.
BOOK REVIEW — Labor dispute recalled in The Third Suspect
The Third Suspect, written by David Staples and Greg Owens, examines various aspects of the bitter labor dispute that culminated in the murder of nine miners at the Giant gold mine in Yellowknife, N.W…
PDAC offers tours of Manitoba and Quebec operations
Tours of mines in Manitoba and Quebec are being offered by the Prospectors and Developers Association of Canada (PDAC) as part of its 1996 annual convention.The tours are scheduled for March 4-8, imme…
Siskon secures funds for California projects
Siskon Gold (NASDAQ) has raised US$5 million to finance construction of the San Juan and Big Horn projects in California.The company sold to Vengold (VSE) US$2 million in convertible shares at US$2.56…
Noront, HL enter Labrador agreement
Vancouver-listed Noront Resources has entered into a joint-venture agreement with HL Corp. (NASDAQ) regarding one of the former’s properties in Labrador.The deal gives HL the right to earn a half inte…
GREATEST VALUE TRADED, NOV. 29-DEC. 5 (December 11, 1995)
Value($000s)HighLowCloseChange Barrick Gold T105441$37 1/435 1/237 1/8+5/8Inco Ltd T103076$49 3/847 5/848 7/8-5/8Placer Dome T83624$34 5/833 34 5/8+3/8Sherritt T78569$17 1/…
METAL COMMENTARY — More inventory declines forecast for new year
Heading into December, in what amounts to a half-month of production, the metals industry continues to operate at reasonably healthy levels.Growth in the short term is expected to be static, and price…