Gold Funds (May 19, 1997)
Gold Funds as of May 8, 1997BGRCentralNet Value$21.10$5.89Price$16.00$5.8…
Articles by Northern Miner Staff
Golden Knight posts $56.1-Million loss for 1996
The $58.8-Million writedown of its 40% carried interest in the Casa Berardi joint venture resulted in a loss of $56.1 million for Golden Knight Resources (GKR-T) in 1996.The loss is considerably great…
Correction (May 12, 1997)
The Koma Bangou gold property of Etruscan Enterprises (EET-V) is in Niger — not Mali, as reported in our March 17 issue.
Excellon drills in Mexico
A 2,000-Metre program of reverse-circulation drilling is under way at the Centauro property in Mexico’s Chihuahua state.Operator Excellon Resources (EXN-V) can earn a 65% interest in the concession fr…
Junior options Soquem ground
Privately held McKenzie Bay Resources, based in Brighton, Mich., has reached an option agreement with Quebec government-owned Soquem to develop the eastern portion of the Dor Lake vanadium and titaniu…
PEOPLE — NEBEX (May 12, 1997)
Eugene Setka appointed director and elected chairman.
PEOPLE — METALLICA (May 12, 1997)
Brad Blacketor appointed chief financial officer.
Newmont and Santa Fe vote in favor of merger plan
Shareholders of both Santa Fe Pacific Gold (GLD-N) and Newmont Mining (NEM-N) have expressed their overwhelming support for a proposed merger.During a special meeting, both groups of shareholders met …
Breakwater revives Caribou operation — Company turns $3-Million profit in first quarter
Toronto-based Breakwater Resources (BWR-T) will soon have a third wholly owned zinc operation in production — the resuscitated Caribou project in northern New Brunswick.At the company’s annual meetin…
PEOPLE — IVANHOE CAPITAL
Jonathan Challis appointed senior vice-president.
PEOPLE — CURION VENTURE
Bruno Mosimann appointed vice-president.
PEOPLE — CONS. SILVER TUSK (May 12, 1997)
Alan Smith appointed director.