METAL PRICES — FREE MARKET (August 21, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateAugust 15 August 14August 11August 10August 9Copper3040-3042 2994-29953014-30193005-30063006-3008Lead609-610 610.5-611.5619-620…
News
Cambior bids for Audrey shares
Montreal-based Cambior (TSE) will acquire the remaining issued and outstanding common shares of Audrey Resources (TSE) by Sept. 1.Cambior will offer $1.40 per Audrey share, in the form of cash or the …
Lacklustre first half for Placer
Significantly higher exploration expenditures, along with lower gold-related income and an investment writeoff, were experienced by Placer Dome (TSE) in the first half of 1995.The company netted US$12…
PEOPLE — ORACLE (August 14, 1995)
David Kotula appointed director and interim president.
PEOPLE — MOSQUITO CONS. GOLD
Donald Nicholson and Larry Gold elected directors.
PEOPLE — INDEPENDENCE MINING (August 14, 1995)
Donald Birak appointed vice-president of exploration.
Pacific Rim strikes deal with Barrick
Barrick Gold (TSE) will buy up to 70% of Pacific Rim Mining’s (VSE) wholly owned Argentine subsidiary, setting the stage for expansion of the Diablillos gold-silver property.An aggressive program cons…
PEOPLE — HUDSON BAY
Edward Yarrow appointed vice-president of exploration.
New board for New Brunswick Mining Association
John Martin, mine manager at Health Steele Mines, was recently named the new president of the New Brunswick Mining Association (NBMA).Martin says the province’s mining industry enjoyed generally posit…
PEOPLE — HOMESTAKE (August 14, 1995)
William Lindqvist appointed vice-president of exploration; Richard Tastula appointed vice-president of Australian operations.
Odds ‘n’ Sods — Water, water, everywhere
We had just arrived back at our homes after a busy day at the Quirke mine in Elliot Lake, Ont., when an emergency call informed us that the mine was flooding.It was 1956 and the mine was serviced by a…
PEOPLE — CAMBIEX
Jean Depatie appointed president and chief executive officer.