PEOPLE — RFC RESOURCE FINANCE
John Purkis appointed president and director.
News
Cambior boosts gold output (February 14, 1994)
The Omai mine in Guyana contributed significantly to Cambior’s (TSE) overall production in 1993. The company reports a jump in output of 46%. The producer turned out 518,083 oz. last year, up from 354…
Gold Funds (February 14, 1994)
Gold Funds as of Feb. 9 BGR Central Net Value $16.95 $6.59 Price $14.75 $7.50 Premium 13.8% Discount 12.97% Value $94,938,000 $135,744,750…
Canadian miners face `Hard Choices’ down south
The convention known as the “Cordilleran Roundup,” held here every January, typically features the latest developments in British Columbia’s mining industry. In recent years, however, the scope has gr…
PRODUCER PRICES (February 14, 1994)
ALUMINUM: MW U.S. market US57.50-59.50 cents per lb. (Jan. 27, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Mystery gold find by Equinox
The location and property name are shrouded in mystery, yet drilling on a joint-venture somewhere in Nevada is pointing to a potentially significant gold discovery. Equinox Resources (TSE) reports tha…
Fording acquires Mexican wollastonite deposit
Deciding that carbonized vegetable matter is not everything, Fording Coal has bought a wollastonite property in northwestern Mexico. Through a wholly owned Mexican subsidiary, the Calgary-based compan…
U.S. MINING REPORT — Newmont seeks international mining
Already big names in gold mining, Newmont Mining (NYSE) and Newmont Gold (NYSE) can only continue to grow with their recently announced merger plans. Newmont Gold is currently North America’s largest …
Northwest Territories a vast store of mineral wealth
A wealth of minerals can be found in the Northwest Territories. Zinc, gold and lead are the major mineral commodities currently being exploited. Minor or byproduct commodities include silver, cadmium,…
NEWS ROUNDUP — InterStar ships first manganese ore
InterStar Mining (CDN) has shipped its first 6,350-tonne batch of manganese ore from a mine in Burkina Faso, West Africa. The mine contains 15 million tonnes of proven and developed, high-grade ore, o…
NEWS ROUNDUP — MacDonald options Cuban concession
Two companies — MacDonald Mines Exploration (CDN) and the Cuban entity, Geominera S.A. — have joined forces to explore a property in east-central Cuba. The 2,000-sq.-km concession, in Camaguey provi…
Chile’s Buchi to address PDAC convention luncheon
A former candidate for the presidency of Chile, Hernan Buchi, will speak at a luncheon on March 7 in Toronto during the annual convention of the Prospectors and Developers Association of Canada (PDAC)…