PEOPLE — AMAX GOLD (January 24, 1994)
Roger Kauffman appointed senior vice-president and chief operating officer.
News
Rea looks for Hamilton funds
Pending completion of the required financing, Rea Gold (TSE) plans to proceed with the development of the Mount Hamilton gold project in eastern Nevada. In completing a due diligence review, Rea has c…
Potash papers are subpoenaed in antitrust case
Documents relating to the North American activities of Toronto-listed Potash Corp. of Saskatchewan (PCS) and its subsidiary, Potash Corp. of Saskatchewan Sales, have been subpoenaed by the antitrust d…
Student engineers in competition
The 10th annual Canadian Engineering Competition is scheduled for March 4 and 5 at Toronto’s downtown Novotel Hotel. Some 100 undergraduate engineering students from across Canada will compete in one …
Former Phelps Dodge chairman eighth recipient of AMC award
The former chairman of Phelps Dodge was named the eighth recipient of the Distinguished Service Award of the American Mining Congress (AMC). George Munroe will be presented with the award at the Jan. …
THE DIAMOND PAGE — Diamond Fields acquires producing pipes
Having completed a positive technical review, Diamond Fields Resources (VSE) is proceeding with the acquisition of a 66.67% controlling interest in two producing kimberlite diamond mines in South Afri…
NEW FRONTIERS IN MINING — With money, mines and projects,
With various mining assets, cash in the bank and two new projects coming on stream this year, Teck (TSE) appears well positioned to reap the benefits of projected improvements in the gold and base met…
METAL PRICES — FREE MARKET (January 24, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 18 Jan. 17 Jan. 14 Jan. 13 Jan. 12 Copper 1829-1830 1830-1831 1806-1807 1700-1761 1778-1779 Lead 496-497 496-497 496-497 483-484 47…
THE DIAMOND PAGE — United Reef to continue work on African
Following the completion of a $1.8-million rights offering, United Reef (TSE) plans to resume work on its Bamingui-Bangoran diamond project in the Central African Republic. The funds will be used to c…
NEW FRONTIERS IN MINING — Orvana advancing Butte Highlands
The 1993 drilling program at the Butte Highlands gold prospect in Montana is complete and results indicate the presence of a consistent zone of gold mineralization. Orvana Minerals (TSE) is testing th…
Cease-trading order extended for Curragh
A cease-trading order against Curragh (TSE) has been extended indefinitely. The order, dated Dec. 22, 1993, was extended after Curragh failed to appear before an Ontario Securities Commission hearing …
Cliff ups interest in Newfoundland asbestos operation
Junior Cliff Resources (TSE) has an option to acquire Princeton Mining’s (TSE) half interest in the share capital of Teranov Mining, a Princeton subsidiary. Teranov operates a wet mill at Baie Verte, …