PEOPLE — MORRISON KNUDSEN MINING GROUP
Steven Chi appointed president.
1995
Cominco, Rio Amarillo test Bolivian silver projects
Partners Cominco Resources International (TSE) and Rio Amarillo (VSE) report that drilling is progressing on their Chachacomiri silver project near Potosi, Bolivia. Two diamond drill holes have been c…
Canmine hits zones at Fer play
Two mineralized zones have been encountered on Canmine Resources’ (ASE) wholly owned Fer property in northern Manitoba. One of the areas, known as the Point zone, contains precious metal mineralizatio…
Opawica performs sampling program
In southwestern Ghana, Opawica Explorations (TSE) is carrying out field work on two reconnaissance licences. Soil sampling is under way on the northeastern portion of the 1,500-sq.-km Enchi-Wiawso pro…
STOCK MARKETS — TSE rises as Canadian dollar hits 4-month
The recent rally by the Canadian dollar helped inspire investor confidence, which led the Toronto Stock Exchange to post a slight gain during the 5-day report period ended April 11. The composite 300 …
PRODUCER PRICES (April 17, 1995)
ALUMINUM: MW U.S. market US91.25-92.25 cents per lb. (April 7, 1995). ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995). BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 199…
Tombstone active in Venezuela
Plans to acquire a copper-gold project in Honduras are not likely to cause Tombstone Exploration (TSE) to shift its focus away from Venezuela. The Vancouver-based junior holds several properties in th…
Fatality reported at Copper Rand
A miner was killed and another injured in an underground explosion involving methane gas at the Copper Rand mine of copper-gold producer MSV Resources (ME) at Chibougamau, Que. Rene Gauthier, 46, died…
La Rock drilling Brandywine
A 4,000-ft. diamond drill program on the Brandywine property, 25 miles north of Squamish, B.C., has encountered gold mineralization. La Rock Mining (VSE) is testing the extension of the Dave’s Pond zo…
Oliver drilling at Fairview
Diamond drilling has outlined a high-grade gold resource at the Fairview property in the southern Okanangan Valley of British Columbia. The 28-hole program, which totalled 12,707 ft., was carried out …
Vengold active in Venezuela
Preliminary drill results from the Bizkaitarra gold concession in Venezuela’s Kilometre 88 region are encouraging for partners Vengold (TSE) and Queenstake Resources (TSE). To date, results from five …
NEWS ROUNDUP — Barrick tops list of gold producers
Million-ounce gold producers in North America numbered four last year, with Barrick Gold (TSE) leading the way. Barrick swallowed Lac Minerals in a corporate takeover last summer, and their combined p…