Thunderwood, partner explore near Raglan
TSE-listed Thunderwood Resources and CDN-listed First Canadian Gold have begun a $250,000 program of ground magnetics and drilling on the Lac Long nickel-copper property in northern Quebec. Lac Long c…
News
NEWS ROUNDUP — Construction begins at Andacollo
Construction of the Andacollo gold project is under way in central Chile, reports owner Dayton Mining (TSE). The open-pit operation, being built by Bechtel Corp. on a fixed-cost basis, is expected to …
PEOPLE — TOPAZ (August 01, 1994)
Donald Foran and S. Gilmour appointed directors.
Spot prices at a glance (August 01, 1994)
Week’s Price (US) Change Gold* $387.00 + $0.60 Silver* $ 5.32 $0.00 Platinum* $423.00 + $9.15 Nickel** $ 2.77 – $0.12 Lead** $ 0.26 – $0.01 Copper $ 1.09 – $0.07 Zinc $ 0.43 – $0.02 Courtesy of Scotia…
Feasibility study for Bolivian project
By late August, results are expected from a preliminary feasibility study of the Amayapampa and Capa Circa gold properties in Bolivia. Da Capo Resources (VSE) retained Kilborn Engineering to calculate…
EDITORIAL PAGE — Stay tuned
The week has been full of surprises in the bidding war over Lac Minerals. Just as the precocious upstart, Royal Oak Mines, which originally put the Lac ball into play, seemed to be winning over frustr…
Denison plans restructuring
As a first step toward restructuring, Denison Mines has reached an agreement with the federal and Ontario governments, corporate lenders, the Canadian Mortgage and Housing Corp. (CMHC) and the Ontario…
PEOPLE — AREQUIPA
Chet Idziszek appointed president and chief executive officer.
Cambiex offering to raise $10 million
Montreal-listed Cambiex has filed a final prospectus for a public offering of 12.5 million units at 80 cents each. A unit consists of one common share and one half common share purchase warrant. Each …
Memorial at Kirkland Lake
After six years of work by artists and fundraising efforts, a Miners’ Memorial was unveiled recently at Kirkland Lake, Ont., which is celebrating its 75th anniversary. The president of local 4584 of t…
Polaris tops salary list
The wealthiest community in Canada is the Polaris mine site on Little Cornwallis Island in the Arctic, according to Statistics Canada. The federal government agency says that the median income in 1992…
DIAMOND PAGE — Crystallex gets permits for Albino
Through a wholly owned operating subsidiary in Venezuela, Crystallex International (VSE) has obtained all permits necessary to begin mining on its Albino concession in the Kilometre 88 district. Venez…