PEOPLE — NORTHFIELD MINERALS
Heinz Schimmelbusch appointed president, chief executive officer and director; Thomas Kelly appointed executive vice-president and chief operating officer; Robert Cudney, Jay Kellerman, Nils Kindwall,…
News
COMMENTARY — Teaching the educators
By 1992, I had spent 25 years as a teacher, yet my knowledge of the mining industry was, to say the least, inadequate.Words such as “exploration,” “extraction,” “processing” and “reclamation” were one…
TSE INDICES (August 26, 1996)
1996Aug 20Aug 19Aug 16Aug 15Aug 14HighLowComposit…
Spot prices at a glance (August 26, 1996)
Wednesday, August 21, 1996Price (US)Week’s ChangeGold*$387.45+ $0.35Silver*$ 5.21…
NEWS IN BRIEF — Geo Piaja Exploration (GPX-A) was posted for trading on the Alberta Stock Exchange on July 18, 1996. The company has acquired mineral properties in Alberta and British Columbia.
Drilling under way at Bear mining claims
A drill program will test the Bear mining claims in the Limonite Creek and Many Bear Creek regions of northern British Columbia.The drilling will test a portion of Hazelton Group volcanics believed to…
PRODUCER PRICES (August 26, 1996)
ALUMINIUM: LME settlements US$1,447.50 per tonne (Aug. 20, 1996), alloy US$1,264 per tonne (Aug. 15, 1996).ANTIMONY: Composite free market, US$2,750 per tonne (Aug. 20, 1996).BISMUTH: Composite free m…
Loma Hierro heads up Holmer’s portfolio
In Cuba, Holmer Gold Mines (HGM-A) is applying its exploration skills not to gold prospects, but to silver.The Loma Hierro silver deposit in Cuba is being pushed to a production decision by both Holme…
INSIDER TRADING — Arequipa directors bought and sold shares in July
Arequipa Resources (AQP-T) was among the mining companies listed as being involved in insider trading for the month of July, as reported by the Ontario Securities Commission.Bickerstaf Holdings, contr…
EDITORIAL PAGE — The best of a bad situation
It is disheartening that the New World gold-copper project has been permanently sidelined by an agreement that will see the mine’s owner, Crown Butte Resources, swap the Montana project for federal la…
Patrician alliance with JCI ends
The “strategic alliance” of Patrician Gold Mines (PXX-A) and South African mining house JCI Ltd. has dissolved.As a result, the Canadian junior is required to repurchase 2 million of its own special w…
PEOPLE — MEGASTAR VENTURES (August 26, 1996)
John James appointed director.