News

Plant boosts Armada revenue

Copper sales of $3 million from the Erdenet joint venture in northern Mongolia have boosted revenue for Armada Gold (AAU-T).Armada, which owns 49% of the project, generated $3.6 million in revenue dur…



OBITUARY — William Murray Telford

William Murray Telford, professor emeritus of mining engineering at McGill University, has died. He was 81.Born in Ottawa, Ont., Telford obtaining a degree in physics from McGill in 1939. At the outbr…



HERA RES.

Bruce Spencer elected director.



Phelps Dodge bids for Cobre

Its formal bid now on the table, copper colossus Phelps Dodge (PD-N) is waging a public campaign for control of up-and-coming producer Cobre Mining (CBU-T).Early in November, Phelps Dodge caught Albuq…


Tan Range finds more gold at Itetemia

Drilling by Tan Range Exploration (TNX-A) at its Itetemia gold property in the Lake Victoria gold district of Tanzania continues to return encouraging results.Five core-holes drilled on the Golden Hor…


DIAMOND PAGE — Messina Diamond reports loss

Messina Diamond (MSC.U-T) reported a loss of US$3 million in the 10-month period ended Sept. 30, despite the third-quarter sale of two diamonds weighing together more than 54 carats.Revenues from the …


ETRUSCAN ENTERPRISES

Don Burton appointed vice-president exploration. Glenn A. Holmes appointed vp finance.


ERI VENT.

Thomas Fund appointed director.



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