Aber plans bulk-sampling program
It was standing room only at the annual meeting of Aber Resources (TSE) as management explained plans to carry out a mini-bulk-sampling program on two recently discovered kimberlites in the Lac de Gra…
News
Black Swan eyes copper project in W. Australia
Armed with a positive feasibility study, Black Swan Gold Mines (TSE) is hoping to place its Teutonic Bore copper project in production. The property is near Laverton in Western Australia. The junior i…
Table Mountain producing gold
Since mill startup in April, the Table Mountain mine in northwestern British Columbia has produced 5,785 oz. gold for owner Cusac Industries (TSE). A modest-sized underground producer, Table Mountain …
ODDS’N’SODS — A draftsman under suspicion
In 1936-37, the reorganized Paymaster Consolidated gold mine near Timmins, Ont., was limping along; money was scarce for several years. Our master mechanic, Bill White, needed a draftsman-designer but…
TSE SHORT POSITIONS (August 08, 1994)
Semi-monthly reports as of Jul 15, 1994 showed 265,326,185 shares of 901 issues compared with 249,548,306 shares of 870 issues on Jun 30, 1994. Larger individual positions included: Aber 111,500, up 6…
Int’l Platinum awaits review
Investors in International Platinum (TSE) continue to await the results of an independent evaluation of its Black Rock project in Arizona. According to David Powell of IPC’s investor relations office,…
Jarvis to complete private placement
A private placement of 107,360 units at $1 each has been negotiated by Jarvis Resources (VSE). A unit consists of one common share and one non-transferable warrant entitling the holder to buy an addit…
Third Escondida expansion approved
The owners of the Escondida copper mine in northern Chile’s Atacama Desert have expanded production capacity twice since operations started in November, 1990. The partners now plan to spend US$520 mil…
Ruling not overturned: Gold Reserve
Two mining companies are at odds over a court ruling dealing with property rights in Venezuela. Gold Reserve (TSE) of Spokane, Wash., says TVX Gold (TSE) was incorrect in announcing that a ruling in f…
STOCK MARKETS — Diamonds maintain sparkle on western stock
Diamonds, diamonds and more diamonds are the reason trading activity is holding relatively steady on western markets, and holding off the expected summer doldrums. Some downward pressure on gold stock…
Inco assesses shaft damage
The main T-1 mine shaft at the Manitoba division facilities of Inco (TSE) in Thompson, Man., will not return to normal operation until the second-half of September, the company says. Inco recently com…
LETTERS TO THE EDITOR — Lab standards needed for diamond
I write in an attempt to warn shareholders and analysts of the possibility of erroneous conclusions when dealing with micro and macrodiamond counts as released by public companies in Canada and elsewh…