McLeese Lake to Gibraltar’s liking
First-quarter copper production from the McLeese Lake open-pit mine of Gibraltar Mines (TSE) in central British Columbia totaled 15.3 million lb. at a cash cost of US88 cents per lb.The mine, which re…
News
Companies (May 01, 1995)
AdexAgate BayAshtonAurizonBaja GoldBarrickBreakwaterBruneauCalcoCampbellCamphorCanmineCanyonCitadelCoeur d’AleneCominco REsCrown ButteCusacCyprus amaxDynacorEcho BayEgoEl CondorEldo…
NEWS ROUNDUP — Bruneau drills kaolin deposit
Drilling by Bruneau Minerals (ME) has confirmed the presence of a kaolin deposit in De Salaberry Twp., 120 km northwest of Montreal, Que.The deposit lies between a monzonite to the north and a quartzi…
NEWS ROUNDUP — Dynacor to explore James Bay play
Junior Dynacor Mines (ME) plans to undertake a second phase of exploration on its Sakami polymetallic project in the James Bay area of northern Quebec.The 50-sq.-km property contains a uranium deposit…
LETTERS TO THE EDITOR — Mines minister replies to government criticism
The Commentary article by Steve Parry (“Liberal promises not kept,” T.N.M., April 17/95) contains several inaccuracies. I would like to set the record straight.At the outset, the overriding priority i…
Toronto Stock Exchange Indices (May 01, 1995)
— 1995 –Apr 25Apr 24Apr 21Apr 20Apr 19HighLowComposite”300″4281.104280.744258.104249.984283.334320.523983.34Metals&Minerals4104.804137.574068.924029.934098.234337.893273.5…
DIAMOND NEWS ROUNDUP — Ashton intensifies work on Noront No. 1 property
A 2,300-line-km airborne geophysical survey is planned by Ashton Mining of Canada (TSE) on the Noront No. 1 property 40 km southwest of a diamond discovery announced by Mountain Province Mining (VSE)….
NEWS ROUNDUP — Exploration work for Keeley Frontier
Exploration work is planned for the Keeley Frontier property near Cobalt, Ont., Transway Capital (CDN) reports.The program, consisting of geophysical surveys (spectral induced-polarization, magnetomet…
Cusac restarts Table Mountain mill
Milling has resumed at the Table Mountain gold mine in northern British Columbia.Owner Cusac Industries (TSE) shut down the 300-ton-per-day mill last fall so that it could focus on outlining additiona…
Yamana, Noranda explore Fin del Mundo project
As the search for base metals becomes more and more difficult, many Canadian exploration companies are venturing farther and farther abroad.Exemplifying this trend are Yamana Resources (TSE) and Noran…
Hemlo expects growth from project portfolio
First-quarter production from Hemlo Gold’s (TSE) two Canadian gold producers was higher than anticipated, and overall production is expected to expand further.Hemlo’s wholly owned Golden Giant mine ne…
Murgor drilling continues
More assay results were released by Murgor Resources (VSE) from drilling on its gold property in Quebec’s Barry Twp.The junior reported results from seven holes of its second-phase, 8-hole program. Al…