PEOPLE (December 02, 1991)
W. Zinn appointed president and director.
News
Placer, Outokumpu in joint effort
The exploration subsidiaries of two international mining companies have joined forces to launch a new exploration thrust for gold and base metals into certain East European and African countries. Vanc…
METAL PRICES (December 02, 1991)
N.Y. Commodity Exchange Weeks High Low Close Change COPPER (HG) (in US cents per lb.) Dec 105.30 104.60 104.65 + 0.90 Jan 104.60 103.10 104.25 + 1.10 Feb 103.80 103.70 103.70 …. SILVER (in US cents …
Hall of Fame to induct GSC’s Logan
The founding director of the Geological Survey of Canada (GSC), which will celebrate its 150th anniversary next year, will be inducted into the Canadian Mining Hall of Fame in January, it was announce…
FMC quarterly earnings slip
Chicago-based FMC Gold (NYSE) produced 95,000 oz. gold in the 1991 third quarter ended Sept. 30, a slight increase from the 89,000 oz. produced in the comparable period last year. But the company’s ne…
U.S.REPORT (December 02, 1991)
Aside from Noranda’s (TSE) recent decision to option ground held by Great Lakes Minerals (TSE) on the Keweenaw Peninsula, the early 1990s can hardly be described as vintage years for mining in the sta…
INSIDER TRADING (December 02, 1991)
Robert Hallbauer, president of Vancouver-based resource giant Cominco (TSE), recently earned a paper profit of about $215,000 by exercising stock options. In October, according to the Ontario Securiti…
Ottawa must hone mining’s competitive edge: Hendrick
How to gain a competitive edge in a climate of continuing globalization was the theme of the ninth annual Mineral Outlook Conference staged here recently. Five hundred delegates heard Mining Associati…
Applegath firms plan merger
A trio of companies in the Albert Applegath fold, Tundra Gold Mines (VSE), Oneida Resources (VSE) and Golden Pond Resources (VSE) plan to amalgamate into a new company called TGO Resources. The group’…
Lassonde tells of Soviet trip
Definitely not bullish on the economic fortunes of the Soviet Union, Franco-Nevada Mining (TSE) President Pierre Lassonde provided an entertaining look at mining in that nation at a recent luncheon of…
OBITUARY (December 02, 1991)
Renowned geologist William Fleming James died on Nov. 25 in Toronto. He was 96. Best remembered as a pioneer in resource development, James was inducted in-to the Canadian Mining Hall of Fame in 1990….
Northfield pours Cheminis mine’s first gold output
The Cheminis mine of Northfield Minerals (ASE) near Virginiatown, Ont., yielded its first two gold bars recently, after stockpiled material from above the 695-ft. level was processed through the nearb…