Kavanagh to address CIM dinner
Exploration and mining developments around the world will be the topic of an address Jan. 19 at the Students’ Night dinner of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Pet…
News
METAL PRICES — FREE MARKET (December 26, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Dec. 20 Dec. 19 Dec. 16 Dec. 15 Dec. 14 Copper 2974-2975 3002-3007 3054-3055 3038-3040 2957-2960 Lead 632.5-633.5 626-628 639-640 634.5-…
Garnet’s the target for Cominco Resources
Garnet mining is expected to begin next summer at the Alder property, 60 miles southeast of Butte, Mont. Owner Cominco Resources International (TSE) estimates reserves are sufficient for 30 years. A c…
Kennecott buys mine interest
An affiliate of Kennecott has bought an interest in Colowyo Coal, a surface mine south of Craig, Colo., which produces about 4 million tonnes annually of low-sulphur, high-Btu coal. Kennecott’s deal, …
GOLD FUNDS (December 26, 1994)
BGR Central Net Value $16.95 $6.48 Price $13.63 $6.75 Discount 19.60% Premium 4.2% Value $134,860,000 $117,210,038…
NEWS ROUNDUP — New Canamin studies Huckleberry
A milling study is under way at the Huckleberry porphyry copper property near Houston, B.C. Owner New Canamin Resources (VSE) is investigating the potential economic effects of milling 25,000 tonnes p…
Electra takes over Aurora mine
VSE-listed Electra Mining Consolidated has assumed total ownership of the Aurora Partnership heap-leach gold mine near Hawthorne, Nev. It did so by acquiring a half interest through the purchase of al…
INSIDER TRADING — Inter-Rock directors buy and sell shares
Three directors of Inter-Rock Gold (TSE) bought and sold shares in October and November. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director David Crombie bought…
Regal claims close to Timmins find
CDN-listed Regal Goldfields has acquired eight claims in Kenogaming Twp., near Timmins, Ont. The claims are close to the new gold discovery made by Hemlo Gold Mines (TSE) on the Sewell-Reeves property…
Amayapampa drill program disappoints
Drilling on the Amayapampa gold project in Bolivia is returning lower grades outside the area of historic and active workings. Past and present mining on the property focused on small-scale, undergrou…
Westray helpers honored
For acts of heroism following the Westray coal mine explosion in 1992, 194 draegermen and bare-faced miners have been awarded Medals of Bravery. The explosion at the Plymouth, N.S., mine killed 26 min…
PEOPLE — SAN ANDREAS (December 26, 1994)
Neil Seldon appointed director.