BHP gives nod to platinum mine
Australian mining giant BHP intends to proceed with its Hartley platinum project in Zimbabwe, which will be developed in partnership with Delta Gold, also of Australia. BHP will spend A$310 million (U…
News
Pangea drills Matheson area play
A newcomer to the Canadian Dealing Network, Pangea Goldfields, has wasted no time in catching investors’ interest. Having first listed on the exchange in early January at $1.85, the company’s shares s…
Patent is granted in U.S. for magnetic mapping technique
A patent for a new magnetic mapping technique has been granted by the U.S. Patent and Trademark Office to Texaco. The technique, known as STARMAG, can be utilized by mineral and energy companies alike…
TSE INDICES (January 24, 1994)
— 1994 — Jan 18 Jan 17 Jan 14 Jan 13 Jan 12 High Low Composite”300″ 4561.90 4544.24 4489.14 4479.90 4454.69 4561.90 4286.54 Metals&Minerals 3724.61 3687.85 3620.74 3615.81 3605.57 3736.84 3495.59 In…
PEOPLE — WILANOUR RESOURCES
Michael Werner appointed president and director.
PEOPLE — MIDAS MINERALS
Charles McMillan appointed director and chairman; John McKimm appointed president, chief executive officer and director.
PEOPLE — SAN FERNANDO MINING
David Duval appointed vice-president, corporate development.
PEOPLE — LANSDOWNE MINERALS (January 17, 1994)
Earl Dobson appointed director.
PEOPLE — SANTA FE PACIFIC GOLD (January 17, 1994)
Dennis Cole appointed director, Land.
PEOPLE — CYPRUS AMAX MINERALS (January 17, 1994)
J. Von Loebenstein named vice-president and general manager of Cyprus El Abra; Don Murray named vice-president, finance and administration.
Goldcorp exercises Orvana warrants
For investment purposes, Goldcorp (TSE) recently exercised warrants to buy 1.1 million shares of Orvana Minerals (TSE) at 40 cents per share. Goldcorp now holds 6.7 million Orvana shares. In addition,…
Gold Funds (January 17, 1994)
Gold Funds as of Jan. 12 BGR Central Net Value $16.68 $6.44 Price $16.00 $7.375 Premium 14.5% Discount 4.10% Value $93,461,000 $133,482,338…