News

Having completed a due diligence review, Cheni Gold Mines (TSE) has declined to bring to production the Summit Lake gold property near Stewart, B.C. A former producer, Summit Lake was owned by Tenajon…

James Clubb, Timothy Unwin, and James Beckerleg appointed directors; Brian Sutton appointed chief operating officer and director.

Larry McLean appointed director.

James Komadina appointed vice-president, operations, Cripple Creek district.

James Yates appointed president and director; Robert Quartermaine and H. Gill appointed directors.

Vangold Resources (VN: VSE) has changed its name to Pacific Vangold Mines (PVM: VSE) on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.

The industrialization of China is likely to be the most significant economic development of the 1990s. To date, China’s manufacturing boom has had a far more positive impact on copper than on any othe…

— 1994 — Apr 5 Apr 4 Apr 1 Mar 31 Mar 30 High Low Composite”300″ 4273.29 4230.10 N/A 4329.62 4313.91 4609.93 3518.31 Metals&Minerals 3616.35 3577.51 N/A 3618.55 3603.56 3879.59 3495.59 Integrated Mi…

London Metal Exchange Spot closing prices in $US per tonne Date April 5 April 4 April 1 Mar. 31 Mar. 30 Copper 1892-1893 N/A N/A 1876-1877 1876-1877 Lead 442.5-443.5 N/A N/A 444.5-445.5 448.5-449.5 Zi…

Beleaguered Westmin Resources (TSE) suffered a net loss of $27 million in 1993, compared with a loss of $18.1 million in the previous year. The results were affected by an ongoing labor dispute at its…

In 1993, Placer Dome’s (TSE) share of gold production totaled 1.8 million oz. at an average cash production cost of US$184 per oz., compared with US$189 in the previous year. The company’s share of pr…

Junior CopperQuest (CDN) has finished drilling two Ontario properties and plans to carry out work in Saskatch-ewan as well. In Kidd Twp., north of Timmins, CopperQuest and joint-venture partner Regal …