First Anvil shipments
Lead and zinc shipments from the Faro project in the Yukon are expected to start in early October, shareholders of Anvil Range Mining (TSE) were told recently. The company is preparing the Grum deposi…
News
Spot prices at a glance (April 03, 1995)
Week’s Price (US) Change Gold* $383.00 + $1.60 Silver* $4.73 + $0.15 Platinum* $420.90 + $8.65 Nickel** $3.41 + $0.05 Lead** $0.27 $0.00 Copper $1.33 – $0.01 Zinc $0.45 – $0.02 Courtesy of Scotiabank….
Investment Commentary — Falco’s earnings potential makes it
With development plans proceeding at two projects and growth in earnings expected for 1995, Falconbridge (TSE) should have an excellent year, says First Marathon Securities. Mining analyst John Lydall…
TSE Short Positions (April 03, 1995)
Semi-monthly reports as of Mar. 15, 1995 showed 228,987,690 shares of 784 issues compared with 235,623,529 shares of 758 issues on Feb. 28, 1995. Larger individual positions included: Aber Res. 59,300…
Dome mine adding new ground
The Canadian unit of Placer Dome (TSE) is expanding the Dome gold mine in Timmins, Ont., by purchasing the adjacent Preston property. The company has reached an agreement with Patrick Sheridan to acqu…
Gwalia to produce lithium carbonate
A lithium carbonate plant in Western Australia is expected to be commissioned in October. Perth-based Gwalia Consolidated reports that the plant will have an annual capacity of 5,000 tonnes, with feed…
Virginiatown play taking shape for Armistice
Drill results from its gold property in Virginiatown, Ont., are lending encouragement to Armistice Resources (ME). Definition drilling on the 185N zone, at a depth of 1,990 ft. below surface, indicate…
COMMENTARY — Mining in Canada: a look ahead
Federal Minister of Natural Resources Anne McLellan is writing this column at the invitation of “Keep Mining In Canada,” a national grassroots campaign designed to increase public awareness of the imp…
Spotlight on the Philippines
The new investment climate and mining opportunities in the Philippines will be discussed at an April 7 breakfast seminar at the offices of the Toronto Board of Trade. The seminar, to run from 8 to 11 …
Great Lakes, Geomaque pursue merger
Two emerging gold producers, Great Lakes Minerals (TSE) and Geomaque Explorations (TSE), are pursuing a proposed merger. The amalgamation would create an entity which, by year-end, should have interes…
Trillion expands into South Africa
An agreement to acquire a partial interest in a South African company is expected, directly and indirectly, to provide Trillion Resources (TSE) with annual production credits of more than 55,000 oz. g…
STOCK MARKETS — Dow Jones sets record, TSE posts solid gain
Markets in New York City and Toronto posted solid gains this week, resulting from the perception that, at least for the time being, low inflation and steady economic growth are upon us. During the rep…