PEOPLE — SWAY RESOURCES
John Carson appointed president and director; William Yahnke and Edward Carson appointed directors.
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PEOPLE — IMCO RESOURCES
J. Simpson appointed director.
Teck subsidiary buys Balmer mine
A wholly owned subsidiary of Teck (TSE), Elkview Coal Corp., has completed the purchase of the Balmer coal mine in the Elk River Valley of southern British Columbia. The purchase price includes a cash…
Toronto Stock Exchange Indices (December 28, 1992)
Dec.22 Dec.21 Dec.18 Dec.17 Dec.16 High Low Composite”300″3313.52 3310.39 3320.41 3304.33 3296.15 4009.47 3009.91 Metals&Minerals 2751.18 2743.63 2748.63 2741.81 2797.21 3453.06 2502.63 Integrated Min…
Metal prices in sharp decline
The metal and mineral sub-index of Scotiabank’s commodity price index suffered another sharp decline in November. After improving earlier in the year, the sub-index has fallen below the previous low i…
Russian geologist sheds new light on diamond exploration
Companies exploring for diamonds in Canada are too focused on heavy mineral sampling, says Galina Kudrjavtseva, a professor of mineralogy at Moscow State University who specializes in kimberlites. Spe…
U.S. ROUNDUP — Minefinders pleased by results
An initial 1,100-ft. reverse circulation drill program has been completed by Minefinders (VSE) on the Sawyer gold property in North Carolina. The program was carried out in the central portion of the …
Toronto to host biggest mining show
Plans for Toronto ’94, billed as the nation’s largest mining show ever, are under way. Convention organizers intend to attract 4,000 participants and 300 exhibitors from all over the world. Sponsored …
Centennial medallion
To commemorate its upcoming centennial in December, the Northwest Mining Association will mint a 1-oz. silver medallion. The Spokane-Wash.-based association, founded in 1895, now has more than 3,000 m…
LETTERS TO THE EDITOR — Industry creates real wealth
Having worked as a miner, and later as a prospector for myself and for companies, I am dismayed at the devastation in Canada’s mining industry today. I hear governments saying, “Let’s try to get away …
B.C. safety report sets standards
A report on mine safety standards prepared by Ralph McGinn, British Columbia’s chief mines inspector, was recently endorsed by the International Labor Organization’s governing body. McGinn is now expa…
Curragh extends shutdowns at Yukon lead-zinc operations
Temporary shutdowns at its Faro and Sa Dena Hes lead-zinc operations in the Yukon will be extended by 30 days, reports owner Curragh (TSE). Curragh says depressed lead and zinc prices, higher treatmen…