OBITUARIES — Robert Hallbauer
Robert E. Hallbauer, the former president and chief executive officer of Cominco, died in Vancouver, B.C., on March 10 after a lengthy illness.Recognized as one of the finest mining men Canada has pro…
1995
Cathedral fleshing out Hicks
Drilling on the Kaburi-Eldorado property in Guyana continues to confirm the continuity of gold mineralization within the Hicks zone, according to project owner Cathedral Gold (TSE).Drilling to date ha…
Rea Gold tops up its treasury
A private placement of 4 million special warrants at $2 each will provide Rea Gold (TSE) with additional funds to continue work at its Bissett gold project in Manitoba.Underwriters Goepel Shields & Ne…
Analysts predict hot summer at Voisey Bay
Four prominent mining analysts agree that the Voisey Bay nickel-copper-cobalt discovery will continue to be the hot spot for market activity this year.The experts Douglas Leishman of Yorkton Securitie…
Eldorado tops up treasury
A private placement of up to 3.4 million special warrants is expected to raise more than $14 million for junior gold producer Eldorado (TSE).Each unit is priced at $4.15 and converts, at no additional…
Chief Cons. works New Burgin play
Drilling and feasibility work on the New Burgin deposit in Tintic, Utah, continue apace under the direction of owner Chief Consolidated Mining (NASDAQ).The New Burgin represents the downdip extension …
Echo Bay allies with TVI Pacific
In a move aimed at uncovering large gold deposits in the Philippines, Echo Bay Mines (TSE) has formed an alliance with TVI Pacific (ASE).The former will purchase, through a private placement, 5 millio…
Azco teams with Phelps Dodge
An agreement with Phelps Dodge (NYSE) will result in completion of a feasibility study on the Piedras Verdes copper project in Mexico and the outright sale of the Sanchez copper project in Arizona.Azc…
Northern Orion buys Argentine, Cuban assets
In a move aimed at establishing a presence in Latin America, Northern Orion Explorations (VSE) has announced plans to buy an Argentine subsidiary from California-based American Resource (NASDAQ).North…
Growth forecast for First Dynasty
The success of the Voisey Bay project in Labrador is helping to put the spotlight on another public company in which Robert Friedland, his brother Eric and other family members are significant shareho…
LETTER TO THE EDITOR — Group finds GSC office move confusing
Regarding the letter by A. Anne McLellan (“Mines minister replies to government criticism,” T.N.M., May 1/95), which was a response to a critique of the federal budget by Steven Parry, we fully agree …
OBITUARIES — Patrick Harrison
One of the great shaft-sinkers in Canadian mining history, Patrick Harrison, has died after a long illness. He was 93.A native of Northern Ireland, “Paddy” was chairman of Patrick Harrison & Co., a mi…