Cominco Resources posts loss
Recent developments at two Mexican projects and the advancement of the Cerattepe project in Turkey added some bright spots to Cominco Resources International’s (TSE) latest quarter ended Sept. 30. On …
News
PEOPLE — PANARIM RESOURCES (November 08, 1993)
Dale Wallster appointed president and director; Robert Barron appointed director. N5…
PEOPLE — RICHLAND MINES (November 08, 1993)
Terry Fields appointed president and director. N5…
KEGS lecture
Phil Romig, professor and head of the geophysics department at the Colorado School of Mines, will deliver a talk titled “Environmental Geophysics: Fads or Future?” The lecture, hosted by the Canadian …
BHP chief confirms mid-’94 target
BHP Minerals Chief Executive Officer Jeremy Ellis told a meeting of financial analysts in Toronto this past week that 1994 will be pivotal to the BHP-Dia Met play in the Northwest Territories. The com…
1993’s 1.8-m-oz. target still in sight — Placer’s nine-month
Production results so far this year have Placer Dome (TSE) confident it can meet or exceed its production goal for 1993. That goal is 1.8 million oz. gold at a cash cost of US$190 per oz. The company’…
Mixed results from Damoti assays
Further assay results from drilling on the Damoti Lake gold prospect are mixed. The property, 150 km north of Yellowknife, N.W.T., is a joint venture among Athabaska Gold (TSE), Consolidated Ramrod Go…
Former Noranda exec to head Abitibi junior — Pezim shifts
Canada’s best-known mine financier is setting his sights on la belle province, particularly the Abitibi region where his geological team intends to apply some new concepts in the hope of making discov…
Int’l Platinum (November 08, 1993)
Toronto-listed International Platinum (IP) has reached an agreement with New Ventures Development concerning an Arizona property. The agreement, subject to due diligence, will allow IP the right to ea…
NEWS ROUNDUP — Miramar buys Con mine
Having acquired the Con underground gold mine in Yellowknife, N.W.T., Miramar Mining (VSE) ranks as one of the 15 highest-producing gold miners in Canada. The company acquired the mine from Nerco Mine…
NEWS ROUNDUP — Musto increases grades at Argentine
International Musto Explorations (TSE) reports an increase in copper and gold grades at its porphyry deposit in northwestern Argentina. The announcement follows the re-analysis of 4,200 samples from t…
Freeport ponders Grasberg expansion
By year-end, Freeport-McMoRan Copper & Gold (NYSE) expects to decide whether or not to continue with mill expansion at its copper-gold mines in the Indonesian province of Irian Jaya (also known as Wes…