NEWS ROUNDUP — Viceroy looks to Argentina
The right to earn a half interest in an Argentine exploration company gives Viceroy Resources (TSE) a valuable foothold in that country. Viceroy can gain its stake in Minas Argentinas by spending US$3…
News
COMMENTARY — Figuring out the market
Analyst David Williamson in London ponders the ups and downs of the market in a recent edition of his “International Mining Review” newsletter: Recently, I have been focusing on the values that the ma…
EDITORIAL PAGE — Opportunity and South Africa
The success of junior mining companies in Canada and Australia has not gone unnoticed by the African National Congress (ANC), the ruling party of South Africa. Nor does ANC appear to be unaware of the…
Cyprus makes drilling plans for Amalgamated Kirkland bet
Project operator Cyprus Canada is expected to begin a 5,000-metre drill program on Queenston Resources’ (TSE) Amalgamated Kirkland gold property, near Kirkland Lake, Ont. In 1994, Cyprus drilled 13 ho…
Reading our stock trading tables (January 09, 1995)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
STOCK MARKETS — Falling gold price, dollar take their toll
A falling gold price coupled with a shaky Canadian dollar kept many market players on the sidelines, helping the Toronto Stock Exchange post a modest loss during the 4-day report period ended Jan. 3 (…
Colomac workers join Steelworkers
Workers at the Colomac gold mine in the Northwest Territories, a fly-in/fly-out operation, are now represented by the United Steelworkers of America. The Canada Labour Relations Board granted a union …
PEOPLE — COEUR D’ALENE MINES (January 09, 1995)
Lynn Pirozzoli appointed vice-president of environmental services and regulatory affairs.
PEOPLE — CYPRUS CLIMAX METALS (January 09, 1995)
William Champion appointed senior vice-president of copper operations; C. Consulas appointed vice-president and general manager of the Bagdad copper mine.
Negotiating an overseas property agreement (2)
The author concludes his 2-part article, the first instalment of which described the principal elements of the standard mineral option and joint-venture agreement used in Canada and the U.S. The secon…
OBITUARY — Roy Saukko
The owner of Diamond Indicator Processing, Roy Saukko, died unexpectedly at his residence in Thunder Bay, Ont. He was 59. Saukko was born in Toronto and later attended the University of Toronto. He wa…
New PNG government spells progress for Lihir
The outstanding issues hindering development of the Lihir gold deposit in Papua New Guinea (PNG) are being resolved, according to 20% participant Niugini Mining. Nuigini is held about 56% by Battle Mo…