PEOPLE MODULE RESOURCES (May 20, 1991)
Marshall Bertram appointed director and corporate secretary succeeding Edgar Fenwick who resigned.
News
PEOPLE COEUR D’ALENE MINES
Michael Tippett promoted to executive vice-president of CDE Chilean Mining.
Corrections (May 20, 1991)
The Refugio gold project owned 50% by Bema Gold (TSE) in Chile is located at an elevation of 14,500 ft. rather than at the altitude as previously reported (T.N.M., April 15/91, April 29/91).
Gaspe conference
The Gaspe Prospectors Association (L’Association des Prospecteurs Gaspesiens), in co-operation with the Quebec Ministry of Energy and Resources, will host a symposium June 12-14 on prospecting in the …
Echo Bay’s first-quarter profit reflects jump in gold output
Despite a drop in gold prices, a 12% increase in gold production helped Echo Bay Mines (TSE) return to a profitable position in the first quarter of 1991. The gold miner reported earnings of $4.4 mil…
U.S. REPORT Ridgeway produces 30% less
Gold production at the Ridgeway open pit mine in South Carolina fell by about 30% to 30,843 oz. during the 1991 first quarter from production levels a year earlier. Galactic Resources (TSE), which ho…
Unlisted Trading Cash for Sewell Brook
Following a joint venture agreement between Kennecott and NovaGold Resources, Costigan Gold, which closed unchanged at 35 cents, has agreed to revise its partnership with NovaGold. Costigan will excha…
Timmins Nickel, Dumont in deal
An agreement has been entered into by Timmins Nickel (TSE) and Dumont Nickel (ME) whereby Timmins will spend up to $5 million to acquire a majority interest in, and act as operator of, the Dumont nick…
Lawyers pushes Cheni into red
First-quarter earnings for Cheni Gold Mines (TSE) took a turn for the worse this year with the company reporting a net loss of $1.5 million on revenues of $5.2 million. The company reported a cash fl…
EDITORIAL PAGE Good news, bad news
The good news is that the federal government and the Saskatchewan government have agreed on a method to streamline the environmental assessment process for uranium mines. In the world of environmenta…
$2 million for Iskut properties
A $2-million exploration program has been proposed by Thios Resources (VSE) and Eurus Resource (VSE) for their Rock & Roll and Bornagain properties in the Iskut River district of northwestern British …
Spokane meeting reviews ore deposits worldwide
Diversification for the ’90s” was the theme for the Pacific Northwest Metals & Minerals Conference recently held here. It featured a symposium on platinum and base metal deposits in North America. The…