TORONTO STOCK EXCHANGE INDICES (October 23, 1995)
— 1995 — Oct 17Oct 16Oct 13Oct 12Oct 11HighLowComposite”300″4515.604503.354507.784476.714474.594718.273983.34Metals&Minerals4683.204668.144683.994624.704590.765276.123273.56Integ…
News
EDITORIAL PAGE — Hello, I must be going
The crop of 1994 annual meetings is now essentially behind us.The annual meeting is one of the few opportunities for the minority shareholder to obtain first-hand information about a company’s activit…
Ecuadorian boosts resource at Gaby deposit
In southern Ecuador, the gold resource for the Gaby gold deposit has doubled following a geologic evaluation of drill results.Some 72,160 ft. of reverse-circulation and core drilling were used to expa…
KWG picks up Cuban properties
Two Cuban properties have changed hands in a deal signed between Republic Goldfields (VSE) and KWG Resources (TSE).Under the agreement, which still requires the approval of securities regulators, KWG …
CIM sheds light on mining automation
The Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum is hosting a talk on automation and its impact on the mining industry.Dr. Gregory Baiden, manager of mines research a…
Canadian States reports results
CDN-listed Canadian States Resources has encountered low-grade nickel-copper-cobalt mineralization on the 1514M Claim Block in Labrador.One of the five additional holes tested the G zone, while the re…
Construction to proceed at Tonkin Springs
Construction permits are in hand for the Tonkin Springs heap-leach gold project in central Nevada.The project is owned 60-40 by NASDAQ-listed partners Gold Capital and U.S. Gold. (Gold Capital, in tur…
Mineral economics meeting set for Montreal in March
The fifth annual conference of the Mineral Economics & Management Society (MEMS) will be held in Montreal, March 28-30, 1996.The title of the conference is The Mineral Industry: Responding to the Glob…
STOCK MARKETS — Markets turn upward but golds are thumped
The Toronto Stock Exchange recovered from the previous week’s slight decline, posting a gain of 43.30 points or 1%, closing Tuesday, Oct. 17, at 4,515.60.The TSE posted most of that gain on Friday in …
Sullivan wins mine rescue competition
Thirteen teams competed in the 1995 International Western Regional mine rescue competition, held recently in Fernie, B.C.The Cominco Sullivan team was the overall winner in the underground events, whi…
PRODUCER PRICES (October 23, 1995)
ALUMINUM: MW U.S. market US81 cents-82 cents per lb. (October 6, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.05-4.15 per lb. (October 6, 19…
Columbia vends Spectrum
A private concern will take control of the Spectrum property in northwestern British Columbia under an agreement with owner Columbia Gold Mines (VSE).Crocodile International Enterprises plans to acqui…