PEOPLE — San Andreas Resources
Barry Ching appointed director.
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PEOPLE — Manhattan Minerals
John Lamacraft appointed director.
PEOPLE — Intertech Minerals
John Fraser appointed president and director; Rory Godinho appointed secretary; and Ralph Shearing and Michael Cytrynbaum appointed directors.
PEOPLE — Homestake Mining
Walter Segsworth appointed president and chief operating officer.
THE NORTHERN MINER — Small Producers Index (April 19, 1999)
69.33 (+0.36)(Sept. 30/98 = 100)…
THE NORTHERN MINER — North American Mining Index (April 19, 1999)
86.78 (+2.23)(Sept. 30/98 = 100)…
GOLD FUNDS (April 19, 1999)
Gold Funds as of April 8, 1999BGRCentralNet Value$13.225.68Price$9.10$6.0…
Index (April 19, 1999)
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PEOPLE — Golden Gate Resources
Phil Lawry appointed director.
PEOPLE — Fairmile Gold
Michael Raftery appointed director.
Breakwater in red despite production gains
Low metal prices and operational problems kept Breakwater Resources (BWR-T) in the red during 1998, despite increases in both zinc and lead production.With property writedowns totalling $32.4 million,…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold industry transforms
The years 1997 and 1998 were trying times for the U.S. gold industry. Gold prices fell to an 18-year low and were clearly the driving force behind changes in the industry. This price decline spurred e…