Cyprus, Ogy cut more gold
Follow-up drilling by Cyprus Canada and Ogy Petroleums (TSE) has intersected additional gold mineralization on their Fenelon A project in the Casa Berardi region of northern Quebec. The 4-hole program…
News
PEOPLE — BLUE EMERALD
Derek Bartlett appointed president and chief executive officer; John Harvey and James Stewart appointed directors; Richard Nemis appointed chairman.
TSE Short Positions (February 06, 1995)
Semi-monthly reports as of Jan 15, 1995 showed 244,193,506 shares of 792 issues compared with 226,878,791 shares of 799 issues on Dec 31, 1994. Larger individual positions included: Aber 111,940, up 4…
CORPORATE TRENDS — Expanding, modifying Harjavalta
The 50-year-old Harjavalta copper and nickel works in eastern Finland are being expanded and modified. The owner, Outokumpu, plans to increase the copper smelting and electrolytic refining capacity by…
New ventilation for Campbell
A new heating, ventilation and air-conditioning system will save Placer Dome a bundle of money at its Campbell gold mine in northwestern Ontario. The gold producer figures it will save $220,000 annual…
April conference set for Juneau
The Alaska Miners Association is planning its Conference Juneau 1995 for April 19-21 in Juneau, Alaska. Titled “Redefining the arena for the minerals industry in the 21st century,” the conference will…
Companies make deals near Lebel-sur-Quevillon
Several companies continue to make deals involving ground in the Lebel-sur-Quevillon camp of northwestern Quebec. Wiscan Resources (TSE) and Sharpe Energy & Resources (VSE) have jointly acquired 56 cl…
PRODUCER PRICES (January 30, 1995)
ALUMINUM: MW U.S. market US97.5 cents-98.5 per lb. (Jan. 13, 1995). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …
Bre-X forges ahead at Indonesian play
Results from recent drilling have prompted Bre-X Minerals (ASE) to persevere at its Busang gold project in East Kalimantan. A third phase of drilling, already under way, is aimed at delineating 5 mill…
Abitibi options Marshall Lake
A recent agreement enables Consolidated Abitibi Resources (ME) to acquire the Marshall Lake polymetallic property from Challenger Minerals (VSE). Situated 160 miles northeast of Thunder Bay, Ont., the…
Vengold acquiring Lihir interest
Vancouver-based Vengold (TSE) is acquiring an indirect 10% interest in the large Lihir gold project in Papua New Guinea (PNG). The junior has signed an agreement with project manager RTZ (NYSE) to acq…
Cominco Res. re-opens U.S. nickel smelter
An improvement in nickel prices has prompted Cominco Resources International (TSE) to re-open its half-owned Glenbrook nickel smelter in Oregon. A subsidiary of Cominco (TSE) owns the other 50% intere…