PEOPLE — FAITH MINES (April 11, 1994)
Larry McLean appointed director.
News
PEOPLE — INDEPENDENCE MINING (April 11, 1994)
James Komadina appointed vice-president, operations, Cripple Creek district.
PEOPLE — PACIFIC BASIN DEVELOPMENT (April 11, 1994)
James Yates appointed president and director; Robert Quartermaine and H. Gill appointed directors.
NEWS IN BRIEF (April 11, 1994)
Vangold Resources (VN: VSE) has changed its name to Pacific Vangold Mines (PVM: VSE) on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
OPINION — Copper market benefits from China’s
The industrialization of China is likely to be the most significant economic development of the 1990s. To date, China’s manufacturing boom has had a far more positive impact on copper than on any othe…
Toronto Stock Exchange Indices (April 11, 1994)
— 1994 — Apr 5 Apr 4 Apr 1 Mar 31 Mar 30 High Low Composite”300″ 4273.29 4230.10 N/A 4329.62 4313.91 4609.93 3518.31 Metals&Minerals 3616.35 3577.51 N/A 3618.55 3603.56 3879.59 3495.59 Integrated Mi…
Metal Prices — FREE MARKET (April 11, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date April 5 April 4 April 1 Mar. 31 Mar. 30 Copper 1892-1893 N/A N/A 1876-1877 1876-1877 Lead 442.5-443.5 N/A N/A 444.5-445.5 448.5-449.5 Zi…
Labor dispute affects Westmin
Beleaguered Westmin Resources (TSE) suffered a net loss of $27 million in 1993, compared with a loss of $18.1 million in the previous year. The results were affected by an ongoing labor dispute at its…
Production stable for Placer Dome
In 1993, Placer Dome’s (TSE) share of gold production totaled 1.8 million oz. at an average cash production cost of US$184 per oz., compared with US$189 in the previous year. The company’s share of pr…
CopperQuest active on three properties
Junior CopperQuest (CDN) has finished drilling two Ontario properties and plans to carry out work in Saskatch-ewan as well. In Kidd Twp., north of Timmins, CopperQuest and joint-venture partner Regal …
LATIN AMERICAN SPECIAL — Vat leach facility planned for
Construction of a vat leach plant near Tureremo, in Venezuela’s Kilometre 88 gold area, should soon be under way and be operational by this spring, NovaGold Resources (TSE) reports. Featuring low capi…
LATIN AMERICAN SPECIAL — Foursome in trading bloc
Billed as “the next international trade opportunity,” Canadians are beginning to pay attention to the new Mercosur trading bloc — the trade initiative of Argentina, Brazil, Uruguay and Paraguay — an…