Teck backs Joutel in Cuban exploration
Latin America continues to beckon Toronto-listed Teck. The major is investing $1 million in Joutel Resources (TSE), in return for which it can earn a half interest in three of the former’s Cuban prope…
News
OBITUARIES — Christopher Bavage, Frank van Poppel
Two executives in the Canadian drilling industry, Christopher Bavage and Frank van Poppel, died recently in an automobile accident while on business near Timmins, Ont. Bavage was vice-president and ge…
PEOPLE — TELLIS GOLD (February 21, 1994)
Rupert Galliers-Pratt appointed chairman and director; C. Cole appointed president; William Meek appointed vice-president and director; W. Webb appointed vice-president (US) and director; William Graf…
Municipalities indicate their support for mining
More than 110 municipalities across the country have adopted resolutions in support of the campaign to “Keep Mining in Canada” The Canadian Mineral Industry Federation says 26 resolutions have been pa…
PEOPLE — PANARIM RESOURCES (February 21, 1994)
William Radvak appointed president and director; Rachel Alter appointed director.
PEOPLE — CANMARK INT’L RESOURCES
W. Wellman appointed chairman; Christopher Lee appointed president and chief executive officer; Sabina Boroevich, Leonard Doucette and Jack Basford appointed directors.
PEOPLE — CITY RESOURCES (CANADA)
Ray Soper elected chairman and director; Robin Slaughter appointed director and president; Peter Stokes and Jon Stewart elected directors.
PEOPLE — MONK GOLD & RESOURCES
William Doerfling appointed chief financial officer and director; Victor Retamal Araya appointed vice-president, mining operations for Neuquen province, Argentina.
Metals sub-index jumps in December
In December, the metals and minerals sub-index of the Bank of Nova Scotia’s commodity price index rose for the second straight month. Base metal prices continued to edge up in December and January, th…
THE DIAMOND PAGE — Investors await drill results from
Diamond exploration in Saskatchewan is showing no sign of letting up, as results are eagerly awaited from several drill programs. War Eagle Mining (VSE), a player in the Candle Lake joint venture, she…
Spot prices at a glance (February 21, 1994)
Week’s Price (US) Change Gold* $383.60 + $3.35 Silver* $ 5.25 $0.00 Platinum* $400.00 + $10.50 Nickel** $ 2.61 + $0.01 Lead** $ 0.21 – $0.01 Copper $ 0.85 + $0.01 Zinc $ 0.43 – $0.01 Courtesy of Scoti…
METAL PRICES — FREE MARKET (February 21, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 15 Feb. 14 Feb. 11 Feb. 10 Feb. 9 Copper 1820-1821 1827-1828 1823-1824 1854-1855 1853-1854 Lead 451-452 474-475 480-481 485-486 489…