News


FACTS’N’FIGURES — Nevada dominated by gold

In 1994, Nevada produced an estimated US$3.2 billion in minerals (including petroleum and geothermal energy), which is 8% more than in 1993. Gold production in the state reached an all-time high last …


Permits issued for Briggs gold deposit

Colorado-based Canyon Resources (NASDAQ) has received all major permits for construction of the Briggs gold deposit in southeastern California.However, the company has received two appeals concerning …


Gold demand continues to grow

Broad-based, worldwide demand for gold continued to grow in the second quarter.The latest issue of Gold Demand Trends, published by the World Gold Council, indicates that investors continued to show e…


TSE Short Positions (August 21, 1995)

Short positions outstanding at July 31, 1995.Larger individual positions included: Barrick Gold 4,618,216; Agnico-Eagle 152,330; Alcan Aluminium 808,653; Bema Gold 1,437,500; Caledonia M’g 305,200; Ca…


Kingurutik discoveries followed up

Follow-up ground work by NDT Ventures (VSE) on the Kingurutik Lake property of Lucero Resource (VSE) has outlined gossans containing sulphides and associated graphite.Mapping and prospecting identifie…


Nord Pacific bullish on Aussie copper play

Australian copper producer Nord Pacific (NASDAQ) has received encouraging results from its joint-venture programs near the Girilambone mine in New South Wales.Within the Girilambone North project area…


INVESTMENT COMMENTARY — Kinross takes a breather

By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…


Hemlo, Orvana acquire Chilean property

Toronto-listed Orvana Minerals and senior gold producer Hemlo Gold Mines (TSE) are optioning the Esperanza gold property in northern Chile.Hemlo will hold 60% and Orvana 40% of the joint venture, whic…


Busy year in Dominican Republic

Nineteen ninety-four was an active year for the mining industry in the Dominican Republic, particularly in the metallic and non-metallic sectors.Exports of ferronickel, gold and other mineral products…



EDITORIAL PAGE — A hollow victory?

The recent ribbon-cutting ceremony at the Eskay Creek gold-silver mine north of Stewart marks the first mine opening in British Columbia in five years.Premier Michael Harcourt, Mines Minister Anne Edw…


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