Porgera to resume operations
Management of the Porgera joint venture has started routine recommissioning procedures at the explosives plant at the Papua New Guinean mine site. Placer Dome (TSE), an 18.9% owner of the project, sai…
News
AMERICAS — Gibraltar advancing project northeast of
Plans for restarting its open-pit mine at McLeese Lake in east-central British Columbia, as well as ongoing feasibility work on the nearby Mt. Polley project, have not kept Gibraltar Mines (TSE) from …
Inco holds interests in wide portfolio of properties
Realizing that there are other prolific areas for nickel and copper mineralization outside Canada, nickel-producing giant Inco (TSE) has acquired interests in a number of international projects. Inco,…
AMERICAS — New deposits fundamental to Falconbridge growth
Armed with a pile of cash from one of Canada’s largest corporate stock offerings, Falconbridge (TSE) can now proceed with two major base metal deposits which should fuel the company’s growth well into…
ODDS’N’SODS — The lure of Chicago
We hired many newly arrived immigrants during the early years of mine development and production at Elliot Lake, Ont., in the fast-developing world uranium centre during the 1950s. Numerous sturdy Ita…
AMERICAS — NEWS IN BRIEF
Nautilus Resources (NUT:VSE) has changed its name to New Leather on a 1-new-for-3-old-share basis.
AMERICAS — Royal Oak puts exploration focus on Porcupine
The Porcupine camp in northern Ontario will eat up the lion’s share of the 1994 exploration budget of Royal Oak Mines (TSE). Of the $6 million that is earmarked for exploration, almost $4 million will…
Steen takes charge at Lac — Royal Oak sweetens Lac offer
The latest round of what has been referred to as an “auction” of Lac Minerals (TSE) saw initial bidder Royal Oak Mines (TSE) increase its offer to $2.4 billion. And million-ounce gold producer Lac too…
OBITUARY — Richard Mollison
A longtime employee and former president of Texasgulf, Richard Mollison, died recently of cancer. He was 78. A native of Minnesota and a graduate, in mining engineering, of the University of Minnesota…
OBITUARY — Arthur Stollery helped find mines
Described as a prospector, minefinder and entrepreneur, Arthur Stollery died recently. He was 80. A graduate in 1939 of mining engineering from Queen’s University, he is credited with playing a key ro…
OBITURARY — Charles McLeish
A former employee at Cominco’s Sullivan mine operations, Charles Allan McLeish died recently in Kimberley, B.C. He was 93. A native of Irvine, Alta., he graduated from the University of British Columb…
Echo Bay, Canyon back out of Seven-up Pete venture
Having spent US$2.3 million on a due diligence investigation, Echo Bay Mines (TSE) has decided not to participate with Canyon Resources (NASDAQ) on a proposed joint purchase of an interest in the McDo…