News

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.

Alan Izaak appointed director.

BGR Central Net Value $18.08 $7.02 Price $15.25 $7.625 Premium 8.6% Discount 15.66% Value $146,903,000 $138,077,163…

Thomas Bergman appointed director.

Stephen Flechner appointed director, president and chief executive officer; Raymond Irwin appointed director and vice-president of exploration.