NEWS IN BRIEF (August 10, 1998)
Fleck Resources (FLK-V) has changed its name to Polymet Mining (POM-V).
News
GOLD FUNDS (August 10, 1998)
Gold Funds as of July 30, 1998BGRCentralNet Value$13.81$6.18Price$10.20$5…
Index (August 10, 1998)
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Lease could be withheld: Rowat — Deputy minister says Tobin may deny lease for Voisey’s Bay
The chief negotiator for the Newfoundland government says Inco (N-T) may face the denial of a mining lease for the Voisey’s Bay project in Labrador if it does not agree to build a smelter and refinery…
Placer Dome bucks trend by boosting earnings
Despite low gold prices, Placer Dome (PDG-T) generated stronger cash flow and improved earnings in the 3-month period ended June 30.With production costs reaching a new low of US$150 per oz., includin…
PEOPLE — Westone Ventures
Duncan Bain and N.R. Newson appointed directors.
PEOPLE — Star Res.
Philip Mount and Patrick Glazier appointed directors.
PEOPLE — Southern Mineral
Jeff Arsenych and David Beckwermert appointed directors.
PEOPLE — Rio Algom
John Lill appointed vp of mining operations.
PEOPLE — Intercap Res.
Michael Smith appointed director.
PEOPLE — Black Swan Gold
Bryce Porter appointed president, Augusto Kishida appointed vp of exploration.
PEOPLE — Armada Gold
Geoff Donahue appointed director.