Fairfield doubles production estimate
The Siwash North deposit is expected to produce 25,000 oz. gold in 1994, more than double the 12,000 oz. Fairfield Minerals (TSE) plans to recover from this year’s test mining. The bulk of these ounce…
News
Cominco hampers Teck’s earnings but posts $10-m quarterly
Cominco is raining on Teck’s parade. A $17.2-million equity loss in Cominco (TSE) reduced the 1993 third-quarter earnings of Teck (TSE) to $9.9 million, compared with $13.8 million in 1992. The loss i…
OBITUARY — James Zimmerman
Well known Canadian geological engineer James Zimmerman died recently. He was 52. After graduating from the University of Toronto in 1962 with a degree in geological engineering, Zimmerman joined Inco…
Hall of Fame nominees number 19
Nineteen nominees have been proposed for induction into the Canadian Mining Hall of Fame in 1994. The names of the inductees will be announced before the end of the year, with the induction ceremony s…
Bullion drilling Kitimat, B.C. project
Drilling is under way at the Kitimat project near the town of the same name in northwestern British Columbia. American Bullion Minerals (VSE) outlined three priority targets during a surface program t…
Cominco Resources posts loss
Recent developments at two Mexican projects and the advancement of the Cerattepe project in Turkey added some bright spots to Cominco Resources International’s (TSE) latest quarter ended Sept. 30. On …
PEOPLE — PANARIM RESOURCES (November 08, 1993)
Dale Wallster appointed president and director; Robert Barron appointed director. N5…
PEOPLE — RICHLAND MINES (November 08, 1993)
Terry Fields appointed president and director. N5…
KEGS lecture
Phil Romig, professor and head of the geophysics department at the Colorado School of Mines, will deliver a talk titled “Environmental Geophysics: Fads or Future?” The lecture, hosted by the Canadian …
BHP chief confirms mid-’94 target
BHP Minerals Chief Executive Officer Jeremy Ellis told a meeting of financial analysts in Toronto this past week that 1994 will be pivotal to the BHP-Dia Met play in the Northwest Territories. The com…
1993’s 1.8-m-oz. target still in sight — Placer’s nine-month
Production results so far this year have Placer Dome (TSE) confident it can meet or exceed its production goal for 1993. That goal is 1.8 million oz. gold at a cash cost of US$190 per oz. The company’…
Mixed results from Damoti assays
Further assay results from drilling on the Damoti Lake gold prospect are mixed. The property, 150 km north of Yellowknife, N.W.T., is a joint venture among Athabaska Gold (TSE), Consolidated Ramrod Go…