Noranda shareholders salute retiring Powis
Resources giant Noranda (TSE) bid adieu to its longtime chairman, Alfred Powis, in a tribute-filled annual meeting in Toronto.Powis, 64, spent almost 40 years with the company, including 27 years as e…
News
Neuquen project in Argentina — Yamana, MIM explore `red bed’ deposits
Although Argentina is not known for its copper production, partners Yamana Resources (TSE) and Australian-based MIM Holdings are working to remedy this situation.The Neuquen project is Yamana’s most a…
Study demonstrates competitive cost impact of SX-EW
The results of a new study by Behre Dolbear & Co. of Denver demonstrate the competitive cost impact of solvent extraction-electrowinning (SX-EW) mining operations.The consulting firm says the costing …
LETTERS TO THE EDITOR — Getting the facts straight
The Odds ‘n’ Sods article “Assembling the right team” by Stan Hunter (T.N.M., March 13/95) is a near duplicate of his article in your March 14, 1994, issue. Unfortunately, the latest article provides …
Golden Star takes loss for 1994
Year-end results show that Golden Star Resources (TSE) lost US$8.8 million (US42 cents per share), compared with US$1.6 million (US10 cents per share) for 1993. However, total revenue increased to US$…
Plata to focus on Argentine zinc property
An exploration and exploitation agreement with an Argentine company sets the stage for Plata Mining (ASE) to begin work on the Helvecia zinc property in the province of La Rioja.The property consists …
Santa Fe hikes quarterly output
First-quarter earnings for Santa Fe Pacific Gold (NYSE), while strong, are down slightly from a year ago.Net income was US$12.3 million (or 9 cents per share), just off from US$13.4 million (or 12 cen…
ODDS’N’SODS — Major Dunlop and Red Lake
A native of Toronto, Maj. C.J. Cunningham-Dunlop was one of Canada’s outstanding mine-finders. He was born on Sept. 16, 1873, the son of James Cunningham-Dunlop, a professor of Upper Canada College in…
Metal Prices — FREE MARKET (May 01, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateApr 25Apr 24Apr 21Apr 20Apr 19Copper2756-2757 2850-2851 2869-28702860-28612881-2882Lead605-606 629-630 628-629 601.5-602.5 596…
NEWS ROUNDUP — Gowest active in Timmins area
Alberta-listed Gowest Amalgamated Resources reports that four holes drilled to test geophysical anomalies on the Murphy Twp. property near Timmins, Ont., failed to intersect economic mineralization. A…
COMMENTARY — Supplying the mining industry
The managing director of the Canadian Association for Mining Equipment and Services for Export, Jon Baird, has written this column at the invitation of “Keep Mining In Canada,” a national grassroots c…
Royal Oak targets two Kemess projects
Although it recently transferred its head office from Vancouver to Kirkland, Wash., Royal Oak Mines (TSE) is once again casting its sights on Canada’s mountain province. In particular, it is seeking o…