PEOPLE — Armada Gold
Geoff Donahue appointed director.
News
MOST ACTIVE ISSUES (August 10, 1998)
ExchgVol(000s)HighLowCloseChangeCasmyn Corp *Q267…
Skyline arranges placement
Junior International Skyline Gold (SK-T) has arranged a private placement of 500,000 units priced at 20 cents each and up to 500,000 flow-through shares at the same price.A unit consists of one share …
DIAMOND PAGE — Diagem finances Brazilian drilling
Intent on financing exploration of its diamond properties in Brazil, Diagem International Resource (DGM-V) has negotiated a private placement worth $500,000.The financing consists of 2.8 million units…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS –Toronto market falls sharply in broad selloff
The Toronto Stock Exchange took a beating over the report period July 29-Aug. 4 as markets around the world saw bears emerging from their dens.The TSE 300 composite index fell 363.51 points over the f…
Etruscan hits gold at Datambi property
Junior Etruscan Resources (EET-T) has received encouraging results from reverse-circulation drilling at its Datambi permit in eastern Burkina Faso.The first 17 holes of a 2,000-metre program that test…
Cambior achieves record gold production
Montreal-based Cambior (CBJ-T) enjoyed a solid second quarter, thanks in large part to strong performances from its Doyon and Omai gold mines.For the 3-month period ended June 30, the company posted r…
North options gold property
Australian-based North Ltd. intends to acquire up to a 70% interest in the Tanda gold project in eastern Ivory Coast.The company can earn an initial 60% stake in the 832-sq.-km property from Golden St…
Regal buys into Kiglapait
Junior Regal Goldfields (REGL-C) has formed a joint venture with privately owned Tagalder, enabling the former to earn up to a 75% interest in the Kiglapait nickel-copper-cobalt property in northern L…
DIAMOND PAGE — Intertech, Kennecott form JV in NWT
Kennecott Canada Exploration has entered an agreement with Intertech Minerals (IML-V) to earn a 60% interest in the Afridi Lake diamond property, 320 km northeast of Yellowknife, N.W.T.Previous work o…
DIAMOND PAGE — Montello, Redwood option ground to Kennecott
After reviewing several airborne geophysical targets, Kennecott Canada Exploration has entered into an option agreement with Montello Resources (MEO-A) and partner Redwood Resources (RDW-A) to earn a …
Freewest gains polymetallic prospect near Wawa
Montreal-based Freewest Resources Canada (FWR-T) is acquiring a polymetallic property 65 km northwest of Wawa, Ont., in the eastern portion of the Michipicoten greenstone belt.To earn a 100% interest …