PEOPLE — INDEPENDENCE MINING (April 11, 1994)
James Komadina appointed vice-president, operations, Cripple Creek district.
News
North American diamond hunt puts De Beers in spotlight
The increase in diamond exploration in North America and the advanced stage of several projects in Canada’s North have triggered interest in De Beers Consolidated Mines and its marketing arm, the Cent…
INSIDER REPORT — Pezim moves Prime Equities shares
Murray Pezim, chairman of Prime Equities International (VSE), traded a number of shares in February. According to the Ontario Securities Commission’s OSC Bulletin, Pezim bought 34,200 shares at $3.20-…
STOCK MARKETS — Western markets unfazed by turmoil on TSE
Stormy weather on major Canadian stock, bond and currency markets had only a limited effect on the Vancouver Stock Exchange composite index, which posted a 1.5% drop to 1,122.38. The resource index, o…
LETTERS TO THE EDITOR — Cartoon not in good taste
We wish to convey our disappointment with the March 7, 1994, editorial page cartoon. As we view it, your newspaper, to which we subscribe, is trying to make fun of someone who has difficulty with the …
LATIN AMERICAN SPECIAL — Mining potential of Ecuador tested
Active in Ecuador since 1985, Ag Armeno Mines & Resources (VSE) is one of several companies keen on the country’s mining potential. Vancouver-based Armeno has interests in a number of projects, includ…
Aurex expanding Chile operations
The expansion of Cobrex’s copper-gold-silver project in Chile is well under way and Aurex Resources (VSE) expects to be operating at 650 tonnes per day by July. Aurex acquired a 70% interest in Cobrex…
Complex ore’s the problem, says Furlong — State assays
The Arizona Department of Mines and Mineral Resources has determined through a state-registered assayer that samples the department had taken from International Platinum Corp.’s (TSE) Arizona property…
Vauquelin increases stake in Ghanaian property
Montreal-listed Vauquelin Mines (ME) can earn an additional 27.5% interest in the 20-sq.-mile Toleku Bokaso gold property in Ghana. The company now has the option to earn a total undivided interest of…
Producer Prices (April 11, 1994)
ALUMINUM: MW U.S. market US62.75-63.75 cents per lb. (Mar. 24, 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, 19…
Wheaton reports income for 1993
Toronto-listed Wheaton River Minerals has reported a consolidated net income of $1.8 million or 17 cents a share for 1993, compared with a loss of $520,000 or 7 cents a share in 1992. Almost $1 millio…
OPINION — Copper market benefits from China’s
The industrialization of China is likely to be the most significant economic development of the 1990s. To date, China’s manufacturing boom has had a far more positive impact on copper than on any othe…