TSE SHORT POSITIONS (October 30, 1995)
Short positions outstanding at October 16, 1995Larger individual positions included: Barrick Gold 5,723,323; Agnico-Eagle 176,698; Anderson Expl. 308,800; Beau Canada Expl. 119,946; Bema Gold 1,233,10…
News
NEWS IN BRIEF (October 30, 1995)
Feather Gold Resources (FG:VSE) has changed its name to Sovereign Chief Ventures (SCV:VSE) on a 1-new-for-4.7-old-share basis.
San Acacio returns solid silver values
Preliminary drill results from the San Acacio property in Mexico are returning silver values for Silver Standard Resources (VSE).The program is testing the near-surface potential of the property’s San…
LABRADOR NEWS ROUNDUP — Nickel-copper-cobalt found at Tasisuak Lake
Drillers for Vancouver-listed partners Consolidated Viscount Resources and Consolidated Magna Ventures have hit a gabbro dyke on their Tasisuak Lake property 50 km west of Voisey Bay. The dyke is mine…
METALS COMMENTARY — Stagnant markets expected to improve as demand holds firm
Metals remain stagnant, characterized by rumors, opinions, volatile prices and slowly tightening inventories, but little news that could be characterized as seriously negative.It appears likely that d…
Cartaway finances drilling
A $4-million private placement provides Cartaway Resources (VSE) with funds for exploration work on its property interests in the Voisey Bay region of Labrador.The company is carrying out drilling on …
Companies (October 30, 1995)
INDEXAkiko GoldAmax GoldAmer.BullionAmer.Min.FldsArizona StarArmetco Int’lAscotAtnaAudreyBanffBarrick GldBHP Min.CambiexCambiorCamecoCamphorCartawayCastle RockCdn StatesChief Cons. Claude…
Arimetco buys Paradise Peak
Continuing to assemble a set of copper deposits in Nevada, Arimetco International (TSE) has bought the Paradise Peak mine of FMC Gold (NYSE).A former gold producer, Paradise Peak lies 225 km southeast…
Refugio mine on track for production
When the Refugio mine pours its first gold late this year or in early 1996, it will become one of the largest open-pit, heap-leach mines in the world, with projected gold production of 233,000 oz. ann…
METAL PRICES — FREE MARKET (October 30, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct. 24 Oct. 23 Oct. 20 Oct. 19 Oct. 18Copper2805-2810 2760-27652760-27652745-27502700-2705Lead689.5-691.5 669-671650-651 648-65…
Banff acquires African cobalt play
Banff Resources (VSE) intends to buy all the issued and outstanding shares of Kasese Cobalt owned by the LaSource Group, a member of Australian-listed Normandy Mining Group.The LaSource Group has a 55…
Fortune Minerals finds more gold at NICO project in N.W.T.
A new discovery on its NICO project, 150 km north of Yellowknife, N.W.T., has brought Fortune Minerals (CDN) a step closer to living up to its name.Fortune recently carried out mapping, gravity survey…