Cameco finances Kyrgyzstani mine
Toronto-listed Cameco can now proceed with development of the US$360-million Kumtor gold deposit in Kyrgyzstan.Certain lenders will commit US$270 million to the project, and the balance will be provid…
News
LABRADOR NEWS ROUNDUP — Butec, Troymin option nickel prospects
Partners International Butec Industries (VSE) and Troymin Resources (VSE) have acquired an option on a 170-sq.-km property in Labrador.The property contains three known concentrations of massive sulph…
PEOPLE — SANTA CATALINA
Lukas Lundin appointed president.
PEOPLE — MINERAL RES.
John Byrne elected executive chairman.
PEOPLE — MAGMA COPPER (July 10, 1995)
Marc Ingelbinck appointed vice-president of commercial sales.
PEOPLE — DIAMOND FIELDS (July 10, 1995)
Doug Horswill appointed vice-president of public affairs.
AGF launches new mutual fund
AGF Management has added AGF World Equity Fund to its group of mutual funds.The fund is designed to provide the company with the flexibility to pursue investment opportunities on a global scale. Recom…
Survey shows higher silver demand
For the fifth consecutive year, fabrication demand in the silver mining sector has exceeded supply.In the sixth annual World Silver Survey of the Silver Institute, President Jaime Lomelin says demand …
DIAMOND NEWS ROUNDUP — Kennecott, Aber intensify efforts at Diavik project
Partners Kennecott Canada and Aber Resources (TSE) will proceed immediately with a $23.5-million program aimed at exploring the A-154 South kimberlite pipe at the Diavik project in the Northwest Terri…
STOCK MARKETS — TSE edges up as interest rate cuts are awaited
Weaker economic signals and the possibility of further interest rate cuts left most investors wondering which way the economy is heading. This dilemma, combined with the long holiday weekend, left man…
Roxmark picks up Little Long Lac
The Geraldton, Ont., property that started it all for former mining giant Lac Minerals has been purchased by Roxmark Mines (TSE).Roxmark is paying current owner Algoma Steel $80,000 for that property …
EDITORIAL PAGE — There’s no place like home
Canada’s globe-trotting geologists have found that there is no place like home when it comes to the geologic information routinely made available to help them make economic mineral discoveries.Few oth…