NEWS IN BRIEF (November 06, 1995)
International Damascus Resources (IDR:VSE) has changed its name to STR Industries (SNT:VSE) on a 1-new-for-5-old-share basis.
News
Gold Funds (November 06, 1995)
Gold Funds as of October 26BGRCentralNet Value$17.00$6.71Price$13.75$6.500Discount19.14%3.1%Value$132,943,000$117,645,450…
Rio sells interest in Atlas Steels
Bidding is over in the Atlas Steels auction. Owner Rio Algom (TSE) has agreed to sell its 51% share in the Australian specialty steels firm to Email for A$66.4 million ($68.4 million Canadian).Rio Alg…
PEOPLE — MAGNA-COPPER
Marc Ingelbinck appointed vice-president, commercial.
PEOPLE — GULF INT’L MINERALS (November 06, 1995)
Robert Gayton appointed director.
PEOPLE — DIAMOND FIELDS (November 06, 1995)
Rick Gill appointed executive vice-president.
PEOPLE — MAGMA COPPER (November 06, 1995)
Bradford Mills promoted to executive vice-president; K.L. Browne becomes vice-president for technology and growth; Craig Steinke promoted to president of Magma Metals; E.E. Durazo, Jr. becomes preside…
Drilling by Sutton expands Bulyanhulu
Deep drilling on the Bulyanhulu property in Tanzania is expanding the project’s gold resource, according to Sutton Resources (VSE).Sutton, which holds an 85% interest in the property, is confident ong…
Bulk-test wraps up at Nugget Pond
Montreal-listed Noveder has completed its underground drilling program on the Nugget Pond project near Baie Verte, Nfld.With the ramp now developed down to 700 metres, and two drifts having opened up …
Cigar Lake impact review under way
The environmental impact statement for the Cigar Lake uranium project has been delivered to the joint federal-provincial panel on uranium mining developments in northern Saskatchewan.The statement wil…
ODDS’N’SODS — A master surveyor
I have benefited from a great deal of experiences in mine surveying, and it all goes back to a period spent with an old master.Jerry Christie was the second-in-command at Canadian Exploration Ltd. in …
Symposium to feature diamonds
The 18th annual Ontario mines and minerals symposium, to be held Dec. 11-12, will include sessions on diamond exploration and airborne geophysics, and present the research findings of the Ontario Geol…