McCaw School of Mines under construction
A 4,500-sq.-ft. school is being constructed in Henderson, Nev., so that students can learn about the state’s rich mining history.When it opens in September, the school will feature a mine tunnel, a di…
News
COMMENTARY — Marketing the mining industry
The federal government needs to develop a marketing strategy to attract more investment to this country’s mining sector and revitalize its competitiveness. A marketing approach should be developed wit…
Spot prices at a glance (July 31, 1995)
Wednesday, July 26Week’s Price (US)ChangeGold*$385.80-$3.45Silver*$ 5.15-$0.19Platinum*$430.50-$9.75Nickel**$ 3.88-$0.03Lead**$ 0.28 $0.00Copper $ 1.34-$0.07Zinca$ 0.46-$0….
Newmont makes discovery at Carlin
Already one of the largest gold producers in Nevada’s prolific Carlin trend, Newmont Gold (NYSE) is busy outlining another sizable resource on a block of ground just north of its Carlin pit.The major …
EDITORIAL PAGE — The pros and cons of MRAs
Cynicism is regarded by some as intellectual defeatism, and by others as the triumph of experience over idealism. This just about sums up the difference of opinion within the mining industry over the …
Funding in place for Willoughby
A $1.1 million financing will enable Camnor Resources (VSE) to cover its share of the cost of a planned $1.5-million exploration program at the Willoughby property near Stewart, B.C.Camnor and Gold Gi…
GREATEST VALUE TRADED, JULY 12-18
Exch Value ($000s)HighLowCloseChange Inco Ltd T400649$47 3/445 3/847 1/4+1 3/4Placer Dome T185619$403838 3/4….Noranda Inc T163236$3028 1/429 5/8+1 1/8Barrick Gold T141238…
INVESTMENT COMMENTARY — Undervalued Goldcorp regarded as a winner
The recent exploration success at the Red Lake gold mine in northwestern Ontario could translate into a mid-term price of $20 to $25 per share for Goldcorp (TSE).Such is the opinion of David James, go…
African countries facing challenges
The integration of African nations into the global economy has enhanced their prospects for growth, according to Michel Camdessus, managing director of the International Monetary Fund.Even so, he says…
Atapa acquires concession
An agreement with Peruvian-based Sociedad Minera will result in Atapa Minerals (CDN) acquiring the 900-hectare Mauii concession in the Lurin River Valley.The property, nestled in the Western Cordiller…
INSIDER TRADING — Noranda insiders traded shares
Several senior officers of Noranda (TSE) and its affiliates traded options and common shares in the company over the past few months.According to the Ontario Securities Commission’s OSC Bulletin, Keit…
TSE SHORT POSITIONS (July 24, 1995)
Short positions outstanding at June 30, 1995.Larger individual positions included: Aber Res. 59,000; Agnico-Eagle 169,180; Archer 74,800; Arimetco 82,700, Asia Pacific 31,000; Baja Gold 69,000; Barric…