OBITUARY — Stephen Evans
Geologist Stephen Evans has died at the veterans’ wing of Sunnybrook Hospital at Toronto. He worked in the mining industry for more than 45 years.
News
GOLD FUNDS (October 03, 1994)
Gold Funds as of Sept 26 BGR Central Net Value $18.13 $6.87 Price $16.00 $7.25 Premium 5.5 Discount 11.74% Value $147,279,000 $131,219,925…
McLeese Lake back on track
The McLeese Lake open-pit copper mine in central British Columbia has resumed production. Owner Gibraltar Mines (TSE) closed the operation about 10 months ago in response to low copper prices. Over th…
La Teko drill programs on track at True North
Drilling continues on the True North deposit near here amid a blaze of autumn colors. With 190 reverse circulation drill holes now complete, La Teko Resources (NASDAQ) estimates the project’s proven a…
NEWS IN BRIEF (October 03, 1994)
PIC Prospectors International (PIK:VSE) has changed its name to Starx Resource (SXX:VSE) on a 1-new-for-4-old-share basis.
PEOPLE — AMERICAN GEM (October 03, 1994)
Robert Kane appointed vice-president and director of gemology and international exploration; Londell Faught appointed vice-president and chief financial officer; and Edward Mihelich appointed vice-pre…
Nuinsco offering raises $2.8 million
A rights offering to shareholders of Nuinsco Resources (TSE) has raised $2.8 million. The bulk of funds will be used to advance development of the Cameron Lake gold deposit and explore the Rainy Lake …
LETTER TO THE EDITOR — Peripheral players slow diamond play
The discovery of diamonds in the Northwest Territories, while old news in Canada, is virtually unheralded in the U.S. This development will change within a few weeks when Dia Met Minerals begins tradi…
TORONTO STOCK EXCHANGE INDICES (October 03, 1994)
Sep 27 Sep 26 Sep 23 Sep 22 Sep 21 High Low Composite”300″4360.78 4341.42 4367.54 4362.65 4358.62 4609.93 3518.31 Metals&Minerals 4155.56 4167.28 4172.70 4136.99 4153.55 4270.14 3273.56 Integrated Min…
Juneau to host 1995 conference
The Alaska Miners Association will host a 3-day conference in Juneau next year focusing on mining in the future. The theme of Conference Juneau 1995, scheduled for April 19-21, will be “From the Klond…
Geomaque completes drilling at San Francisco project
A 75-hole, 6,000-metre program of definition drilling has been completed at Geomaque Explorations’ (TSE) San Francisco gold project in Mexico’s Sonora state. The program was designed to provide additi…
STOCK MARKETS — Gold sector outshines TSE composite index
A strengthening gold sector and stable U.S. interest rates did little to boost the Toronto Stock Exchange over the 5-day report period ended Sept. 27. The composite 300 index dropped 16.09 points to e…