Buchans River buys Okak interest
In exchange for 700,000 shares and 350,000 warrants, Buchans River (BUV-A) will acquire a 15% net carried interest in the Okak property from Castle Rock Exploration (CTP-V). Previous work on the Labra…
News
Illinois Creek enters preproduction
Dakota Mining (DKT-X) is preparing for an early-June startup at its Illinois Creek gold mine in central Alaska.The company recently mobilized a construction team to the site and will soon begin thawin…
PEOPLE — ZEN INT’L
Randall Yip appointed vice-president of finance.
PEOPLE — TULLAREE (May 26, 1997)
Joseph VanBastelaar appointed chairman and chief executive officer; Judith Robinson appointed director.
PEOPLE — TEXAS T (May 26, 1997)
W. Cooper appointed vice-president of corporate finance.
PEOPLE — TERYL RES.
Renlu Wang appointed vice-president of mining prospects for Asia.
PEOPLE — TAKURA
Michael Woods appointed director.
NEWS BRIEF (May 26, 1997)
American Wollastonite Mining (AMW-V) has changed its name to Previa Resources (PIA-V) on a 1-New-for-6.7-old-share basis.
ASIAN EXPLORATION — Mindoro soldiers on in SE Asia
Thousands of kilometres of relatively unexplored calc-Alkaline volcanic-plutonic interfaces are the chief attribute that attracted Mindoro Resources (MIO-A) to Southeast Asia. And although many invest…
GOLD FUNDS (May 26, 1997)
Gold Funds as of May 15, 1997BGRCentralNet Value$21.33$5.94Price$16.75$5.
LME WAREHOUSE LEVELS (May 26, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 19/97 (change from previous week in brackets):Aluminium761,950(-7,475)Copper141,100(-8,200)Lead118,100(+1,400)Nickel50,6…
PEOPLE — P&H MINING EQUIPMENT
Stephen Light appointed vice-president of operations; Scott Alexander appointed vice-president and general manager of MinePro Services (International Group).