PEOPLE — COEUR D’ALENE MINES (January 09, 1995)
Lynn Pirozzoli appointed vice-president of environmental services and regulatory affairs.
News
Colomac workers join Steelworkers
Workers at the Colomac gold mine in the Northwest Territories, a fly-in/fly-out operation, are now represented by the United Steelworkers of America. The Canada Labour Relations Board granted a union …
STOCK MARKETS — Falling gold price, dollar take their toll
A falling gold price coupled with a shaky Canadian dollar kept many market players on the sidelines, helping the Toronto Stock Exchange post a modest loss during the 4-day report period ended Jan. 3 (…
Reading our stock trading tables (January 09, 1995)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
GMD, New Discovery explore Yellowknife play
Hoping to take advantage of the developing infrastructure near Nicholas Lake, N.W.T., partners GMD Resource (VSE) and privately owned New Discovery Mines are gearing up to begin an exploration program…
Minieres du Nord acquires claims near Murgor find
Montreal-listed Explorations Minieres du Nord (MDN) has acquired 29 claims northwest of, and contiguous to, the gold discovery recently announced by Murgor Resources (VSE). The claims lie within Barry…
Calais plans drill program
Junior Calais Resources (VSE) will launch a 4,000-ft. drill program on its 51% owned White Caps gold property near Manhattan, Nev. Several targets were identified from a controlled-source audio magnet…
PRODUCER PRICES (January 09, 1995)
ALUMINUM: MW U.S. market US90.5 cents-91.5 per lb. (Dec. 23, 1994). 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). …
Joutel intersects gold in Cuba
The first phase of drilling at Joutel Resources’ (TSE) La Zona Barita project in Cuba has encountered high-grade gold mineralization. Situated in the Sierra Maestra concession on the southwestern coas…
FirstMiss continues Turquoise Ridge work
Diversified industrial company First Mississippi has posted its highest earnings since 1981. The accomplishment is partly due to higher gold prices and gold production reported by its 81.4%-owned subs…
METAL PRICES — FREE MARKET (January 09, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 3 Jan. 2 Dec. 30 Dec. 29 Dec. 28 Copper 3039-3040 N/A 3039-3040 3016-3017 3014-3015 Lead 650-651 N/A 650-651 649-650 643.5-644.5 Zi…
Noranda, Corner Bay Minerals pool Mexican exploration
The wholly owned Mexican subsidiary of Corner Bay Minerals (TSE) has concluded an agreement with a unit of Noranda (TSE) whereby the companies will pool their current land holdings in the Roncesvalles…