1995

Colin Benner appointed president and chief operating officer.

Andrew Buxton appointed director.

Privately-owned Gem River will soon be mining sapphires commercially at its Dry Cottonwood Creek property in Montana. Last year, the company carried out a testing program and hired engineering consult…

Industrial minerals company Global Stone (TSE) acquired a 10-year lease on virtually all the assets of Detroit Lime Co. in Michigan. Global paid a US$5-million security deposit and acquired inventorie…

Kenneth Baird appointed president and chief executive officer.

Two directors of Manhattan Minerals (TSE) bought and sold shares in October and November. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Peter Tegart sold 6…

The column (T.N.M., Oct. 10/94) on Thayer Lindsley and Karl Springer by Philip Eckman brought back memories of the many times I travelled with “T.L.” (He was rarely addressed as Thayer.) He graduated …

International exploration, including the diamond play, will take centre stage at the 63rd annual convention and trade show of the Prospectors and Developers Association of Canada (PDAC), scheduled for…

In a flurry of activity, International Canalaska Resources (VSE) has acquired new holdings in Arizona and Labrador, and launched an exploration program in Panama. Canalaska joined the staking rush on …

Gold producer Newmont Gold (NYSE) expects to produce 1.85 million oz. in 1995, compared with output in 1994 of about 1.65 million oz. Completion of a refractory ore roaster at the company’s Carlin min…

The Ontario government plans to make $5 million available during the 1995-96 fiscal year for exploration work, through two programs. The level of financial assistance is unchanged from the current fis…

Thomas Kelly appointed president and chief operating officer.