PEOPLE — BITECH (April 11, 1994)
James Clubb, Timothy Unwin, and James Beckerleg appointed directors; Brian Sutton appointed chief operating officer and director.
News
Asia Pacific funds Thai potash study
Financing is in place for completion of a 2-year program aimed at delineating a potash resource at the Udon Thani concession in northeast Thailand. Asia Pacific Resources (VSE) holds a 75% interest wh…
Uranium Resources to gain from pact
Dallas,Tex.-based Uranium Resources (TSE) is in a strong position to benefit from the recently signed uranium trade agreement between the U.S Department of Commerce and the Russian government. “We bel…
Pegasus to assist Goldbelt financially
Satisfied with its due diligence review, Pegasus Gold (TSE) has agreed to lend US$3 million to Goldbelt Resources (VSE) to help it secure financing for its Leninogorsk gold-silver tailings project in …
Goldcorp Inc. amalgamation
Shareholders of CSA Management (TSE), Goldcorp (TSE) and Dickenson Mines (TSE) have formally agreed to form a new company, to be known as Goldcorp (see T.N.M., Feb. 14/94). The plan was approved by 99…
ODDS’N’SODS — West coast mining school
On reading recently of the passing of Jack White, I was flooded with memories of the development of the British Columbia Mining School and of that rewarding chapter of my life, filled with the warmth,…
Western mineral database available in on-line form
The mineral occurrences database of the British Columbia government, MINFILE/pc Version 3.0, is available in an on-line form. Users may gain access to MINFILE/online by dialing INFO-DATA Online Bullet…
OBITUARIES — Sherman Tough
The son of a prospector and a native of Cobalt, Ont., Sherman Tough has died. He was 82. His entry into the world of mining came at a young age when he accompanied his father, George, and his uncles i…
STOCK MARKETS — Bank rate jump causes 300 index to plummet
The Toronto Stock Exchange 300 composite index dropped 94.36 points March 29 to 4,393.61, its largest single-day loss since Feb. 4. The selloff was triggered by a two-thirds-of-a-percentage-point jump…
EDITORIAL PAGE — Uncertainty in South Africa
In a few weeks, South Africa will stage the first multi-racial election in its history. At this point, it would seem Nelson Mandela and his black African National Congress (ANC) party are headed for v…
Denison given short reprieve
An arbitration panel has ruled on the dispute between Denison Mines (TSE) and Ontario Hydro. The news is not good for Denison, which will receive a total of $30.9 million, a far cry from the $361 mill…
NEWS ROUNDUP — Sleeping Giant potential improves
Joint-venture partners Aurizon Mines (VSE) and Cambior (TSE) believe results from the first six holes at the Sleeping Giant gold mine have the potential to increase minable reserves. Drilling below th…