Inco shuffles top executives
As part of several changes in the executive ranks at Inco (TSE), Donald Phillips will step down as president of the company and continue as chairman and chief executive officer. Michael Sopko, 52, wil…
News
Scintilore drops gold mine claim (February 25, 1991)
Private companies Orapro Resources and Shannon Oils are planning to conduct a joint exploration program to search for diamond-bearing kimberlites in western Manitoba and eastern Saskatchewan. Shaun Sp…
Corona chairman resigns
Ned Goodman has resigned as chairman of Corona (TSE) to concentrate on his merchant banking and investment counselling business. Taking his place is Norman Anderson, former president and chief executi…
GOLD FUNDS (February 25, 1991)
Gold funds as of Feb. 19 BGR Central Net Value $9.04 $5.09 Price $7.75 $4.600 Discount 14.27% 9.6% Value $53,817,306 $77,391,780…
LETTERS TO THE EDITOR One spoke that started the Noranda wheel
I have read with interest the profiles of people who have been inducted into the Canadian Mining Hall of Fame (T.N.M., Jan. 14/91) since it started in 1989. There have been hundreds of people involved…
OBITUARY Marcel Konings
Marcel Konings, Holland-born geophysicist, died recently in a car accident in Zimbabwe. He was 39. Holder of a B.A.Sc. degree from the University of Toronto, Konings specialized in geological engineer…
Vancouver Stock Exchange Eurus and Thios results disappoint
Although the Vancouver Stock Exchange’s composite index remained virtually unchanged at the 524-level, the resource index did an about-face during the week ended Feb. 19, dropping 27.46 points to 557….
Agnico completes 61 holes at Eagle West gold discovery
More than 31,000 ft. of surface drilling in 61 holes have been completed by Agnico-Eagle Mines (TSE) at its Eagle West zone showing in northwestern Quebec, the gold-silver producer reports. Original d…
News In Brief ASARCO
Asarco Inc. (AR:NYSE) has declared a regular quarterly dividend on the common stock of 40^ per share payable March 1 to stockholders of record at the close of business on Feb. 14.
Placer Dome, employee face charges over mine fatality
Vancouver-based Placer Dome (TSE) and a company employee are facing charges relating to a fatal accident that occurred last February at the Campbell Red Lake gold mine at Balmertown, Ont. The charges …
Surface drill results from SB
Assay results were released by Tenajon Resources (VSE) from a 13-hole surface drill program completed by Westmin Resources (TSE) on the Kansas and West Kansas zones at the SB property near Stewart, B….
Cominco Resources Int’l. follows joint venture strategy
In order to reduce cash outlays for exploration, Cominco Resources International (TSE) has formed or is negotiating joint ventures for many of its exploration projects. In most cases the company will …