Corrections (March 13, 1995)
A preliminary economic evaluation on the Kabanga nickel-cobalt project in Tanzania estimates the yearly cash flow at US$115 million, not US$155 million as reported in our issue of Feb. 27. BHP Mineral…
News
Atna in option deal with YGC in Yukon
Under a joint-venture agreement, Atna Resources (VSE) has the option to earn from YGC Resources (VSE) a 65% interest in eight base metal properties in the Yukon. To do so, Atna must spend $1.5 million…
PEOPLE — CRYSTALLEX INT’L (March 13, 1995)
Marc Oppenheimer appointed president and chief executive officer; Douglas Newby and Stephen Goss appointed vice-presidents; and W. Zin appointed chief operating officer.
Dona Lake faces charges in mill mishap at Pickle Lake
Former producer Dona Lake Gold Mine has been charged with three violations of Ontario’s Occupational Health and Safety Act in connection with a critical-injury accident in 1994 at its mill near Pickle…
COMMENTARY — Optimistic note for Venezuela
For investors in Venezuela, 1994 was a year most would prefer to forget. However, there are good reasons for looking forward to the remainder of 1995 with some optimism. It seems as though the politic…
PEOPLE — NORTHWEST MINING ASSOC.
Wallace McGregor appointed president; Jami Fernette appointed first vice-president; and Allan Marter appointed second vice-president.
PEOPLE — ANVIL RANGE (March 13, 1995)
William McKnight elected chairman; Kurt Forgaard appointed president and chief executive officer.
PEOPLE — GOLDEN KNIGHT
R. Davis appointed chairman and Robert Quartermain appointed president and chief executive officer.
Caledonia and Holmer in Cuban joint venture
Two juniors, Caledonia Mining (TSE) and Holmer Gold Mines (ASE), have formed an alliance to explore mineral prospects in Cuba. Caledonia can acquire up to a 50% interest in Holmer’s Cuban properties b…
Canadian projects shine at PDAC convention
Although billed as an international affair, this year’s convention of the Prospectors and Developers Association of Canada (PDAC) had a decidedly Canadian flavor. More than 3,000 delegates and guests …
Tenajon, Westmin update reserves at SB gold project
Underground drilling has enabled Tenajon Resources (VSE) and Westmin Resources (TSE) to expand reserves at their jointly owned SB gold property near Stewart, B.C. The program, carried out in 1994, con…
Alaskan permits stalled for Echo Bay
A report by the Environmental Protection Agency (EPA) is stalling the permitting process required to reopen the historic Alaska-Juneau gold mine. The project is owned by Echo Bay Mines (TSE). A Techni…