1994

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…

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…

Exploration is under way on the Butte Highlands gold property in Montana. Owner Orvana Minerals (TSE) plans to carry out 10,000 ft. of reverse circulation drilling and 15,000 ft. of diamond drilling. …

Camine Resources (KRJ.A:ASE) has changed its name to Beckett Technologies on a share-for-share basis.

A private placement of 160,000 units at 64 cents each will enable Redell Mining (VSE) to finance summer drilling on its La Forma gold mine property in the Yukon. The junior will test a potentially hea…

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…