1994

John Chapman appointed director, president and chief executive officer; W. Kure and M. Smale appointed directors.

Roy Shipes appointed president and chief operating officer.

Dennis Wheeler appointed U.S. director.

Monopros, the exploration arm of De Beers, is expanding its presence in the Northwest Territories, currently the world’s hot spot for diamond exploration. In the first major partnership it has made wi…

After losing ground for three consecutive weeks, the TSE 300 index has rallied and leveled off well above the psychologically significant 4,000-point support level. For the week ended July 5, the inde…

All North American service centre and metals distribution activities managed by Rio Algom (TSE) will be consolidated into a new entity called North American Metals Distribution Group. The group will c…

Junior Regeena Resources (VSE) can earn a half interest in the Pine Grove property from Silver Standard (VSE). Teck (TSE) spent US$2.2 million on the property, situated in Nevada, outlining a geologic…

International gold producer Kinross Gold (TSE) plans to build a $4.5-million tailings retreatment plant at its Blanket mine in Zimbabwe. The 3,500 tonne-per-day (tpd) carbon-in-leach facility will be …

A new approach to blasting has led to a 25% increase in productivity, ICI Explosives Canada says. The company’s Underground Bulk Systems essentially provides a method for transporting new bulk explosi…

Western markets managed to halt their slide and rebound slightly over the report period ended July 5, at a time when the gold price held steadily at the US$387-per-oz. level. The Vancouver Stock Excha…

Exploration and development at the Kerr mine, near Virginiatown, Ont., have enabled Deak Resources (TSE) to upgrade production forecasts for the remainder of 1994. The mine is now expected to produce …

Drilling is planned or in progress on two gold properties held by Ecuadorian Minerals (ASE) in Ecuador. On the Gaby property, a second phase of work has begun, consisting of 23,000 ft. of diamond dril…