The following was excerpted from a speech by Richard de J. Osborne, chairman of Asarco (NYSE), at the copper producer’s recent annual meeting in New York City, regarding Asarco’s development into an i…
A summer exploration program has started on 405 claims owned by Kingswood Explorations (ASE) in the Eastmain River area of northeastern Quebec. The program will consist of stripping, blasting and samp…
An 18,000- ft. drill program by Canalaska Resources (VSE) is about to begin on the company’s 100% owned Rainbow Hill property in the Valdez Creek Mining district of Alaska. The objective of the revers…
Gillespie Robertson appointed senior vice-president, minerals marketing and services succeeding Charles McArthur who will retire June 30. Robertson will relocate to San Francisco.
Falconbridge Ltd., a wholly owned subsidiary of Noranda (TSE) and Trelleborg, has found a buyer for its 44.9% stake in silver miner United Keno Hill Mines (TSE). Bharti Laamanen Mining, a Sudbury-base…
Steven Potter appointed president; Richard Graeme appointed vice- president Operations and Robert Schafer appointed vice-president Operations.
John Likarish appointed manager of Hillsboro, Ill., zinc oxide plant.
Volume was moderate and the market turned downward for the week ended June 19. The mining and minerals index dropped 31.5 points, while the market portfolio was off more than 51 points. Daily trading …
The first hole on the Lynne project, drilled at 52 degrees , intersected 128 ft. averaging 22.71% zinc, 0.64% copper, 2.95% lead, 1.04 oz. silver per ton and 0.011 oz. gold. The second hole, drilled a…
The Court of Appeal of British Columbia recently dismissed an appeal by Taseko Mines (TSE) in which Taseko sought to nullify an option allowing Cominco (TSE) to earn an interest in its Fish Lake coppe…
Cal Graphite (VSE) recently received shareholder approval for a split of its shares on a 2-for-3 basis. Subject to VSE approval, the company has set June 29 as the record date of the stock split. Cal …
Agincourt Explorations Inc. (AGX:VSE) has changed its registrar and transfer agent to Pacific Corporation Services.
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