News

The following is from a speech by Jeffery Grade, chairman of Harnischfeger Industries, which appeared in a recent issue of the American Mining Congress publication, “Washington Concentrates:” For 100 …

Fire in the Hole: The untold story of hardrock miners, by Jerry Dolph. Published by Washington State University Press, Pullman, Wash. 99164-5910, U.S.A. 174 pages. Illustrated. US$28 in paperback, US$…

Several positive factors — improved sales and production volumes, higher base metal prices and a favorable exchange rate — helped Cominco (TSE) report net income of $132.1 million for 1994, compared…

The Las Lomas prospect in northern Peru is the subject of an option agreement between Britannia Gold’s (VSE) half-owned Peruvian subsidiary, Minera Britannia Gold, and Noranda (TSE). By financing expl…

Diamond drilling on the Chachacomiri silver-gold-tin property near Potosi, Bolivia, should be completed by March. Partners Rio Amarillo Mining (VSE) and Cominco Resources International (TSE) expect to…

Mineral royalty corporation Redstone Resources (TSE) has bought an additional 0.375% net smelter return (NSR) royalty interest in the Robinson copper project near Ely, Nev., for US$2.5 million. The pr…

At long last, Falconbridge (TSE) is drawing up plans to develop its Raglan nickel project on the Ungava Peninsula of northern Quebec. However, development is contingent upon completion of related agre…

The west-coast city of Vancouver will play host Oct. 16-20 to Industrial Minerals ’95, a 3-day conference to be sponsored by Blendon Information Services, the British Columbia Ministry of Energy, Mine…

Anthony Petrina and William Stanley appointed directors.

George Faulkner appointed director.

Alex Bissett appointed president.

Junior diamond explorer United Reef (TSE) will issue a convertible debenture to South African diamond miner Trans Hex Group for up to $4 million. The debenture is convertible at the rate of one common…