PEOPLE — NEW AEGIS RESOURCES (May 23, 1994)
Chet Idziszek and Arthur Luney appointed directors.
News
PEOPLE — SANTA FE PACIFIC (May 23, 1994)
David Smith appointed vice-president and chief financial officer; Bruce Hansen appointed senior vice-president, corporate development.
PEOPLE — HIGHGRADE VENTURES (May 23, 1994)
Franz Scheidz and Paul Joseph McGuigan appointed directors.
THE DIAMOND PAGE — Australia’s Ashton finds third kimberlite
Australian-based Ashton Mining of Canada (TSE) has discovered a third kimberlite near Attawapiskat River in northern Ontario. The company is earning a 51% interest in the project, which is 70% owned b…
LETTER TO THE EDITOR — Determining gold content in samples
During the past year, your paper has covered, with appropriate caution, reports of unusual gold mineralization from Fort MacKay in Alberta, Brookfield in Nova Scotia and a property in Arizona. The rep…
THE DIAMOND PAGE — American Gem completes $7.3-million
American Gem (TSE) has completed a $7.3-million Euroequity offering. The placement, consisting of 1.5 million shares at $4.88 per share, was arranged by IBK Capital, a Toronto-based investment banking…
NEWS ROUNDUP — High River, TVX to advance Snow Lake
Directors of High River Gold Mines (TSE) have agreed to let TVX Gold (TSE) acquire a half interest in the Snow Lake gold property in northern Manitoba. TVX must cancel all its 6 million shares, arrang…
NEWS ROUNDUP — IGR options Ghanaian gold concessions
Toronto-listed International Gold Resources intends to buy two additional concessions in Ghana. The Mpatasie property comprises 31 sq. miles and is contiguous with the recent gold discovery made by Ki…
New Island ups reserves at Nfld. gold play
A new geological resource has been calculated for the Glover Island gold property in western Newfoundland. Partners New Island Minerals (ASE) and Newfoundland Goldbar Resources (CDN) report that analy…
OBITUARY — Orval Leigh was active in industry
A longtime member of the Canadian mining fraternity, Orval Leigh died recently. He was 58. Toward the end of 1987, he joined Battle Mountain (Canada) as vice-president and managed the company’s Canadi…
NEWS ROUNDUP — Holmstead options DKO property
An option agreement allowing International Holmstead Resources (VSE) to acquire the DKO property in northeastern Ontario has received regulatory approval. The 800-claim property is in Gauthier Twp., n…
PRODUCER PRICES (May 16, 1994)
ALUMINUM: MW U.S. market US60.75-61.75 cents per lb. (April 21, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1…