PEOPLE — AMERICAN COMSTOCK (July 29, 1996)
Raymond Runcie appointed director.
News
PEOPLE — ARAUCO RES.
Kerry Knoll appointed chairman and chief executive officer; W. Golroy appointed president, chief operating officer and director; Derek Price appointed vice-president of finance and chief financial off…
High grade reported at Alta Gold’s Olinghouse
The first batch of results from this year’s drill program at the Olinghouse gold deposit, 35 miles east of Reno, Nev., surpassed the expectations of owner Alta Gold (ALTA-Q).The results confirm previo…
Teck reports steady earnings
Second-quarter earnings remained steady for Teck (TEK-T).The company earned $19.7 million (or 20 cents per share) on revenue of $187.4 million, compared with a net income of $18.1 million on $181.7 mi…
Placer Dome moves to rectify tailings spill at Philippine mine
The accidental escape of tailings at its 40%-owned Marcopper mine in the Philippines is reflected in the second-quarter earnings of Placer Dome (PDG-T).The company lost US$32 million (or US13 cents pe…
COMMENTARY — Disclosure in the marketplace
The Finance Committee of the Investment Dealers Association of Canada (IDA) agrees with the Toronto Stock Exchange Committee that the unrestricted flow of information from corporate issuers to investo…
Armistice cuts gold at V-town
Two surface holes at the Virginiatown, Ont., property of Armistice Resources (ACI-M) have intersected gold mineralization in a geological setting the company believes is the faulted extension of the K…
Drilling expands Wolverine to N.W.
Drilling near the property boundary in the northwestern area has expanded the Wolverine massive sulphide deposit more than 120 metres downdip of previous drill holes.Hole 96-35 intersected 3.5 metres …
ODDS’N’SODS — Blind man’s bluff
During the 1950s, uranium miners in Elliot Lake, Ont., were earning more than twice the salaries their peers were earning in the gold mines, and applicants for uranium mining positions there, so the s…
Happy Valley conference focused on Voisey’s Bay
A mining conference and trade exhibition, entitled “Voisey’s Bay and Beyond,” was held recently in Happy Valley-Goose Bay, Labrador.This year marked the introduction of the conference, which drew 318 …
DIAMOND PAGE — Westpine identifies possible kimberlites
The search for base metals in Labrador has returned some unexpected results for Westpine Metals (WM-V).An airborne geophysical survey completed in 1995 on the Minipi Lake claim blocks has revealed nin…
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