News

Desmond Kearns appointed president and chief operating officer.

Patricia Sheahan appointed director and president; Robin Baxter-Brown appointed chairman; Anthony Hamilton appointed vice-president, finance.

Claude Taillefer appointed director, president and chief executive officer; Edward Blanchard appointed independent director.

Keith Belingheri appointed vice-president, engineering; Gaylyn Spriggs appointed director, government affairs.

Terry Fagg appointed general manager; Glenn Holley appointed mine superintendent.

As the federal election heats up, Canadians whose livelihoods are tied to mining should ask their riding candidates what they intend to do — if anything — to keep the industry in Canada. That is the…

The Women’s Association of the Mining Industry has announced the winners of the raffle held at the group’s “Out-of-Africa” fall fair near Toronto. * First prize: a trip for two to South Africa. Winner…

London Metal Exchange Spot closing prices in $US per tonne Date Oct. 5 Oct. 4 Oct. 1 Sept. 30 Sept. 29 Copper 1663-1664 1668-1669 1679-1680 1663-1664 1699-1700 Lead 355-356 364-365 361-362 364-365 365…

Wednesday, Oct. 6 Week’s Price (US) Change Gold* $353.50 – $1.05 Silver* $354.15 + $0.09 Platinum* $359.25 – $1.75 Nickel** $351.91 + $0.05 Lead** $350.16 – $0.01 Copper $350.76 – $0.01 Zinc $350.41 +…

Argosy Mining — 6,000,000 partial guaranteed offering shs with a maximum of 8,000,000 shs @ 50 cents Australian. Canrise Resources — 2,500,000 shs @ $1.75. Potash Corp. of Saskatchewan — 4,000,000 …

A persistent bunch, Canadian coal producers are renewing pleas to various levels of government as part of an ongoing effort to reduce taxes levied against them. A recent study by the Coal Association …

The acquisition of a private U.S. company will give Giant Bay Resources (TSE) an option on a 45% interest in the huge Montanore copper-silver deposit in northwestern Montana. Giant Bay has agreed in p…