PEOPLE — MINORCO
Orin Smith and Josef Oppenheimer appointed directors.
News
LETTER TO THE EDITOR — Silver price headed much higher
A new study about silver (T.N.M., Sept. 26/94) by the British firm Metals & Minerals Research Services (MMRS) paints a bleak outlook for the rest of the decade. According to the study, silver prices a…
PEOPLE — AMERICAN GEM (October 10, 1994)
Robert Kane appointed vice-president and director of international exploration; Londell Faught appointed vice-president and chief financial officer; and Edward Mihelich appointed vice-president and ch…
DIAMOND PAGE — Drilling intensifies as Camsell Lake partners
Drilling is under way at the Camsell Lake project in the Northwest Territories, with the first 1,000-ft. hole now half-completed. The hole was collared in kimberlite at a 45 angle and reportedly is st…
Spot prices at a glance (October 10, 1994)
Week’s Price (US) Change Gold* $392.15 – $5.35 Silver* $5.60 – $0.10 Platinum* $417.50 – $1.90 Nickel** $2.90 – $0.02 Lead** $0.29 + $0.01 Copper $1.14 – $0.02 Zinc $0.47 + $0.01 Courtesy of Scotiaban…
Mutual busy in Ghana
Three deals concerning gold concessions in Ghana have been struck among Mutual Resources (VSE), EQ Resources (CDN) and Opawica Explorations (TSE). Mutual can acquire EQ’s interest in Ghana-based SETO …
Camnor drilling at Willoughby
Gold-silver results are reported from a 17-hole program on Camnor Resources’ (VSE) Willoughby project, east of Stewart, B.C. The junior is earning a half interest in Willoughby by spending $600,000 on…
Steel consumption expected to approach record levels
World consumption of steel products will approach record levels in 1995 despite massive downturns in the restructuring economies of eastern Europe and the Commonwealth of Independent States (CIS). Spe…
Cominco Res. encouraged by Saray property results
At the Saray property in northeastern Turkey, Cominco Resources International (TSE) has intersected gold values that support recent trench sampling. The property, 5 km from the Black Sea, near the tow…
EDITORIAL PAGE — The battle for public support
The recent signing of the Whitehorse Mining Initiative Leadership Accord was viewed as a major achievement by the mining industry — the start of a process to solve problems through dialogue, with env…
TSE SHORTS (October 03, 1994)
Semi-monthly reports as of Aug 31, 1994 showed 283,177,227 shares of 904 issues compared with 256,689,980 shares of 902 issues on Aug 15, 1994. Larger individual positions included: Aber 112,700, down…
NEWS IN BRIEF (October 03, 1994)
PIC Prospectors International (PIK:VSE) has changed its name to Starx Resource (SXX:VSE) on a 1-new-for-4-old-share basis.