TVX Gold eager to join million-ounce club
Management of TVX Gold (TSE) will use its “killer instinct” to produce more than 1 million oz. gold annually by 1998, Chairman Eike Batista told shareholders at the annual meeting in Toronto.”We shoul…
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PEOPLE — ANGLO-ANDEAN
Leonel Lopez elected president and chief executive officer.
OBITUARIES — Patrick Harrison
One of the great shaft-sinkers in Canadian mining history, Patrick Harrison, has died after a long illness. He was 93.A native of Northern Ireland, “Paddy” was chairman of Patrick Harrison & Co., a mi…
Metall changes name to Inmet
Shareholders of Metall Mining approved a name change and amended their company’s rights plan at the annual meeting.The new corporate name is Inmet Mining (TSE), which Chairman James Tory says reflects…
Kinross outlines plans for growth
Mine expansion and acquisition plans should give gold-silver producer Kinross Gold (TSE) annual output of 500,000 oz. gold-equivalent by the end of 1996.At the annual meeting, President Robert Buchan …
Improved demand benefits niobium
The prospects for a rise in demand for niobium for the rest of the 1990s are far more positive than in the first years of the decade, says researcher Roskill of London in its new report Niobium: marke…
FACTS & FIGURES — Lead enters a new era
Between 1960 and 1973, the consumption of refined lead in the West rose at an average annual rate of 4%. In the latter year, total consumption amounted to just over 4 million tonnes. The impact of the…
PEOPLE — REAL RESOURCES
Neil Thiessen appointed vice-president of exploration.
PEOPLE — WESTERN GARNET (May 08, 1995)
Gregory Emerson appointed chief financial officer.
STOCK MARKETS — Voisey results help snap western markets to life
Speculation fuelled by the Voisey Bay nickel-copper-cobalt discovery in Labrador, combined with renewed interest in diamonds in the Northwest Territories, rallied the western markets for the report pe…
TSE INDICES (May 08, 1995)
— 1995 –May 2May 1Apr 28Apr 27Apr 26HighLowComposite”300″4297.934292.444279.474273.804282.924320.523983.34Metals&Minerals4022.614070.034097.194041.414066.564337.893273.5…
GOLD FUNDS (May 08, 1995)
Gold Funds as of May 2BGRCentralNet Value$17.29$6.83Price$14.75$6.875Discount14.70%Premium0.7%Value$135,186,000$124,432,688…