PEOPLE — BLUE RIBBON (November 24, 1997)
Douglas Williamson appointed president and CEO.
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PEOPLE – AGARWAL
Leon Frank Anderson appointed president and director.
GOLD FUNDS (November 24, 1997)
Gold Funds as of November 13, 1997 BGRCentralNet Value$16.20$5.73Price$11.95…
PEOPLE — WORLD WIDE
Patrick Raleigh appointed director.
PEOPLE – ROYALSTAR (November 24, 1997)
Paul Jones president and CEO.
PEOPLE — VALERIE GOLD (November 24, 1997)
John Hick, Colin Dobell and Owen Owens elected directors.
PEOPLE – SHANE
Michael Magrum elected director.
IPM consultant verifies gold at Black Rock
International Precious Metals (IPMC-C) has announced that a study by consulting firm Bateman Engineering has “confirmed the presence of gold and platinum” on the company’s Black Rock property in weste…
Royal Oak tightens belt as Kemess South takes priority
Low gold prices are forcing Royal Oak Mines (RYO-T)to trim production costs and lay off workers.The strategy is designed to ensure the company has sufficient cash on hand to complete construction of t…
Fremont grabs more ground in northern Chile
Junior Fremont Gold (FGLD-Q) has signed a letter-of-intent to acquire the 80,000-ha Dania gold property in the Maricunga district of northern Chile.The property, currently owned by Chilean-based Dania…
Campbell pulls plug at Santa Gertrudis — Junior rethinks strategy after third-quarter loss
With no foreseeable sign of a turnaround in the weakened gold market, Campbell Resources (CCH-T) is suspending operations at its Santa Gertrudis mine in Sonora state, Mexico, in order to focus on expl…
Pegasus shuts down Mt. Todd gold mine
Pegasus Gold (PGU-X) has responded to the depressed gold price by announcing its intention to close down the Mt. Todd gold mine in Australia’s Northern Territory.The company also took a nearly US$400-…