News

Patrick James elected president and chief operating officer; Richard Zitting appointed chairman and chief executive officer.

Randstrom Manufacturing (ROW:VSE) has changed its name to Francisco Gold (FGX:VSE) on a share-for-share basis.

Shareholders will vote March 16 on a plan to amalgamate Dickenson Mines (TSE), Goldcorp (TSE) and CSA Management (TSE). The boards of directors of the three related companies have approved a proposed …

Toronto-based Kinross Gold (TSE) is increasing production at the QR mine near Quesnel, B.C. The daily rate will rise to 800 from 500 tonnes, as a result of the provincial government having approved an…

The Aggregate Producers’ Association of Ontario will convene its 37th annual meeting Feb. 24-25 in Toronto. The theme of the meeting is: “Quality . . . there is no substitute.” The leader of Ontario’s…

William Diston elected president.

Peter Delancy and Hughes Salat appointed directors.

Francis Kane appointed vice-president, investor relations.

By the summer of 1995, a new aluminum plant will be up and running in Trois-Rivieres, Que. The provincial government and Venezuelan-based Sural have agreed to share the $60-million cost of building th…

Base metal producer Ok Tedi Mining will pay less in copper treatment fees to smelters in Japan in fiscal 1994-95 (April 1-March 30) than in the previous year. Fees that will be paid to process metal w…

Development will soon begin on the Mariquita copper deposit in northwestern Mexico. A Mexican company held 49% by Cominco Resources International (TSE) and 51% by Empresas Frisco will acquire the depo…

The Bajo de la Alumbrera gold-copper deposit has been given the green light. Meeting in Toronto, officials from International Musto Explorations (TSE) and MIM Holdings announced they have agreed to de…