Canadian companies are spending a record $11.6 billion on business travel, with most predicting that they will spend at least the same or more during the next 12 months. The American Express 1994 Surv…
A program of 3,000 metres of reverse circulation drilling has been undertaken by Princeton Mining (TSE) on the Elenita copper project near Antofagasta, Chile. The program focused on an oxide-copper de…
PRODUCER PRICES ALUMINUM: MW U.S. market US64.5-65.5 cents per lb. (June 9, 1994). ANTIMONY: MW New York dealer US$1.40-1.60 per lb. (May 12, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (S…
Canada’s manufacturers of primary, non-ferrous metals and non-ferrous metal products can look forward to new export opportunities, owing to lower tariffs negotiated in the Uruguay round of world trade…
A new corporate strategy, a new venture into China and, possibly, a new acquisition will serve as building blocks for the growth of Royal Oak Mines (TSE), President Margaret (Peggy) Witte told shareho…
Output at La Coipa, an open-pit gold and silver mine in northern Chile, has continued to expand. Production in 1993 — 8 million grams gold (258,200 oz.) and 413.7 million grams silver (13.3 million o…
For conventional producers of copper, especially those at the high end of the cost curve, SX-EW is a dirty word. Their antipathy toward the process is well founded because, on average, it is much chea…
Shareholders of High River Gold Mines (TSE) have approved a 50-50 joint venture with TVX Gold (TSE), which will lead to development of the Snow Lake gold project in northern Manitoba. The project cons…
After suffering through an icy winter startup, the Lac des Isles platinum group metals (PGM) mine, 60 miles north of Thunder Bay, Ont., has entered the “commercial production” phase. An operating prof…
Development of La Candelaria, a copper-gold mine in northern Chile, remains on schedule for startup in 1995. Phelps Dodge (NYSE) discovered the deposit in 1987 and subsequently sold a 20% working inte…
Jerry Blackwell appointed director and president; Kenneth Trochik appointed chairman.
G. Thompson appointed director.
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