News

Major companies bullish about copper appear to be making Chile a prime hunting ground for new acquisitions. The latest is Placer Dome (TSE), which after completing a due diligence review, acquired a 5…

A 6.6% interest in Aurizon Mines (TSE) has been sold to Nova-Cogesco Resources (TSE) by Hughes Lang (VSE) of Vancouver, the companies report. Nova-Cogesco is a 51% indirect subsidiary of Hughes Lang; …

With the completion of a successful takeover offer for all the shares of Suntac Minerals (VSE) not already owned, Canarc Resources (VSE) will hold a total of 13,070,581 shares, or about 91% of Suntac’…

What can you say about a man who has spent 43 years with the same newspaper, who has outlived more than a few of the mining operations he has written about, and who has almost as many stories about th…

If the conclusions of a report by the Uranium Institute of London are anything to go by, Canada’s uranium miners will see a vibrant future unfolding in the years ahead. The report is a store of statis…

A drilling program to confirm the source of mineralized boulders at the Sagar-III gold-uranium property in the Labrador trough area of Quebec should start in January, Virginia Gold Mines (ME) says. An…

Consulting firm Pincock, Allen & Holt of Colorado was recently awarded a contract to design a restructuring program for Bolivian state-owned mining company COMIBOL. An earlier story (T.N.M., Dec. 7/92…

A 49% interest in the large copper-uranium Olympic Dam mine in Australia has been sold, pending regulatory approval, to Minorco of South Africa for US$456 million by British Petroleum Co. The other 51…

In the annotation to Arvi Parbo’s excellent acceptance speech for the Georg Agricola medal (T.N.M., Oct.12/92), you say that the award ceremony took place in Salzburg, Germany. The city of Salzburg is…

Rene Latiolais elected chairman of the board.

Stewart Jackson appointed director.

Robert Turner appointed vice-president, mineral processing for Venezuela.