1994

John Tokarsky, Harold Mason, Ray Hall and James Murlock appointed directors; George Breuler elected president.

James Komadina appointed executive vice-president.

Conrad Hache appointed president.

James Coleman appointed director.

Barry Dugal appointed director.

Toronto-listed junior Altai Resources is negotiating with a Canadian mining group to put the placer portion of the Chimu project into production in late 1994. The placer project lies adjacent to the R…

Gary Schellenberg elected director and appointed president; Garth MacDonald, Kenneth Ralfs and Joseph Tarnowski elected directors.

Two studies by Brazil’s national mining department indicate a sharp decline in garimpeiros activity. The U.S. Bureau of Mines reports that the number of garimpeiros in Brazil has fallen to 400,000 fro…

Although it is only a matter of months before Kennecott Canada releases results from its bulk sampling program on the Tli Kwi Cho (DO-27) kimberlite, several of the major’s junior partners are continu…

Continuing uncertainty on major markets combined with a US$6-per-oz. drop in the price of gold to the US$378 level left the Vancouver Stock Exchange resource index down over 20 points at 1,793.13. The…

Week’s Price (US) Change Gold* $379.20 – $5.90 Silver* $ 5.34 – $0.19 Platinum* $398.75 – $9.00 Nickel** $ 2.52 + $0.03 Lead** $ 0.21 + $0.01 Copper $ 0.85 $0.00 Zinc $ 0.43 + $0.01 Courtesy of Scotia…

The geology department of Laurentian University in Sudbury, Ont., and the Ontario Geological Society (OGS) will establish a co-operative graduate Mapping School program. The program is intended to tra…