OBITUARIES — Ken Polk
A geologist for more than 30 years, George Kenneth Polk died recently in Oliver, B.C., following a heart attack. He was 63. A native of North Bay, Ont., and raised in Rouyn-Noranda, Que., he graduated…
News
Caledonia offshoot nets record profits
Filon Sur S.A., the 25%-owned Spanish gold and silver mining subsidiary of Caledonia Resources (TSE), enjoyed record profits of $1.6 million in 1993. Filon operates an open-pit, heap-leach gold and si…
All-North options southern project
Junior All-North Resources (VSE) can earn a 45% interest in El Oro, a gold property 100 km northwest of Mexico City. An agreement in principle, reached with a Mexican mining company, calls for All-Nor…
NEWS ROUNDUP — Sleeping Giant potential improves
Joint-venture partners Aurizon Mines (VSE) and Cambior (TSE) believe results from the first six holes at the Sleeping Giant gold mine have the potential to increase minable reserves. Drilling below th…
Greenstone develops Santa Rosa gold mine
With a keen interest in developing gold mines in the district, Greenstone Resources (TSE) has decided to start up its second Latin American producer. The wholly owned Santa Rosa mine in Panama is to b…
LAST BUT NOT LEAST — Antilles exploring Janice concessions
Soil sampling on the Janice I and II concessions in Venezuela’s Bochinche gold district has returning encouraging results for Antilles Resources (VSE). The sampling on Janice I returned anomalous gold…
STOCK MARKETS — Resource issues keep pace in western
Considering the turmoil experienced by major markets in Toronto and New York, western markets fared relatively well during the report period ended March 29. Although the Vancouver Stock Exchange compo…
Newmont merger approved — Yanacocha expansion in works
The Minera Yanacocha gold mine in northern Peru will be expanded to increase output in 1995. Newmont Mining (NYSE), which owns 38% of the mine, says production will rise to 350,000-400,000 oz. from th…
NEWS ROUNDUP — Nora exploring Ghana concession
Partners Nora Exploration (ME) and Consolidated Manus Industries (VSE) have begun field work on their Kade diamond and gold concession in Ghana, West Africa. The property comprises 41.55 sq. km in the…
Russian diamond expert shares expertise with Canadians
Dr. Felix Kaminsky, director of the Moscow-based Institute of Diamonds, is justifiably proud of the diamond expertise established by Russian scientists during the latter half of this century. In the p…
Correction (March 28, 1994)
Colorado-based Horizon Resources (NASDAQ), which operated the Buffalo Valley heap-leach gold project in Nevada from 1987 to 1990 under the name Horizon Gold (T.N.M., March 7/94), returned the lease to…
NEWS IN BRIEF (March 28, 1994)
Severide Resources (SVE:VSE) has changed its name to Severide Environmental Industries on a share-for-share basis. It is no longer involved in mining.