Chinese gold demand on the rise
Early signs of market instability and economic overheating have triggered another speculative runup in China’s gold demand, revealed by renewed hoarding of gold jewelry in major Chinese cities. Many r…
News
ODDS’N’SODS — Mine rescue remembered
In the summer of 1993, I was manning a tourist office in our village when an extremely lame man and his wife came in. After exchanging a few pleasantries, he asked, “Do you know a George Wallace who l…
Hemlo ups earnings and Holloway reserves
Underground tests have confirmed the grade, continuity and minability of the Holloway gold project in northeastern Ontario. Geological reserves of the Lightning zone have risen to 5.2 million tonnes a…
Valdez Gold halted
Trading of Valdez Gold shares has been halted as a result of title disputes on the Diana I, II and Marissa claims in Sonora state, Mexico. To re-establish title, the Alberta-listed company was require…
NEWS ROUNDUP — Conductor at Eagle River South
An electromagnetic survey on the Eagle River South property, near Wawa, Ont., has uncovered a discrete conductor. Noront Resources (VSE) believes the conductor is near recently discovered schistose, s…
Ukraine, China supplying silico-manganese market
Ukraine and China are increasing their share of the Western World’s silico-manganese market. In its study The Costs of Producing Manganese Ferro-alloys, CRU International says the two countries more t…
Acid drainage conference set for April in Pittsburgh
The third international conference on the abatement of acid drainage is scheduled for April 24-29 in Pittsburgh, Pa. More than 1,200 delegates are expected to attend the conference, which will feature…
Teck Corp. earnings improve
Toronto-listed Teck earned $29 million (net), up from $26 million a year earlier. Revenues also rose, to $492 million from $378 million. The improvement is attributed to increased coal production and …
TVX, High River go Dutch at Snow Lake
Toronto-listed TVX Gold is gaining a half interest in the Snow Lake gold project in western Manitoba. In return, it must transfer back to High River Gold Mines (TSE) 6 million common shares of that co…
PEOPLE — BAJA GOLD (February 14, 1994)
Paul Saxton appointed president; Ronald Netolitzky appointed chairman.
PEOPLE — MIRAMAR MINING (February 14, 1994)
Christopher Pollard appointed director.
STOCK MARKETS — Canarc shares react to Barrick arrangement
Western markets took a bit of a breather during our report period ended Feb. 8, reflecting somewhat unsettled trading on major markets in the east. With gold holding steady above the US$380-per-oz. le…