COMMENTARY — Anglo American tops corporate list
South Africa’s Anglo American Corp. is the world’s most important mining group measured by the value of the non-fuel minerals production controlled in 1992 — it controls 7.7% of the total Western wor…
News
U.S. Hall of Fame to induct eight (August 15, 1994)
The National Mining Hall of Fame in the U.S. will welcome eight new members at its seventh induction banquet Sept. 18 in Phoenix, Ariz. For the first time since the inaugural banquet in 1988, two of t…
OBITUARY — Richard Mollison
A longtime employee and former president of Texasgulf, Richard Mollison, died recently of cancer. He was 78. A native of Minnesota and a graduate, in mining engineering, of the University of Minnesota…
OBITUARY — Arthur Stollery helped find mines
Described as a prospector, minefinder and entrepreneur, Arthur Stollery died recently. He was 80. A graduate in 1939 of mining engineering from Queen’s University, he is credited with playing a key ro…
OBITURARY — Charles McLeish
A former employee at Cominco’s Sullivan mine operations, Charles Allan McLeish died recently in Kimberley, B.C. He was 93. A native of Irvine, Alta., he graduated from the University of British Columb…
Pangea to drill Tanzanian properties
CDN-listed Pangea Goldfields has received conditional approval to begin trading on the Toronto Stock Exchange, with final approval expected within the next four weeks. Also, the company has acquired m…
STOCK MARKETS — Rising dollar, bank rate help to bolster
A healthy rise in the Canadian dollar and a stable bank rate helped shore up the TSE over the 5-day report period ended Aug. 9. The composite 300 index closed down 7.46 points to end the period at 4,1…
Flag drilling near Sudbury
Work is continuing on the 10,400-hectare property held by Flag Resources near Sudbury, Ont. A large magnetic body, thought to represent the western sector of the Wanapitei anomaly, was found near the …
METALS PRICES — Spot prices at a glance
Week’s Price (US) Change Gold* $378.30 – $0.30 Silver* $ 5.16 – $0.05 Platinum* $412.50 – $2.00 Nickel** $ 2.59 – $0.16 Lead** $ 0.25 – $0.01 Copper $ 1.08 – $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scot…
Green light for Kodiak project
Construction can now begin on the Kodiak heap-leach gold project at Golden Bear mine in northwestern British Columbia. North American Metals (VSE) received the required mine development certificate fr…
MSV increases quarterly output
Second-quarter production at the Copper Rand and Portage projects near Chibougamau, Que., increased by 45%, compared with the same period in 1993, MSV Resources (ME) reports. Quarterly output of 104,0…
Troilus contract to SNC-Lavalin
A contract for engineering and construction management of the concentrator, tailings storage and associated infrastructure at the Troilus gold project north of Chibougamau, Que., has been awarded to S…