PEOPLE — HURLEY RIVER GOLD
Ian Burgess appointed president and director; Louis Wolfin and Michael Baybak elected directors.
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PEOPLE — BAREXOR MINERALS
Michel David appointed chairman; Pieter Duhaime appointed president, chief executive officer and secretary; S. Hamilton appointed vice-president of exploration.
PEOPLE — BRITANNIA GOLD (December 30, 1996)
John Gray appointed vice-president of corporate development.
PEOPLE — ARGOSY MINING (December 30, 1996)
Steven Potter appointed vice-president of exploration.
PEOPLE — AMCAN MINERALS
Michau Huisamen elected director.
PEOPLE — FALCONBRIDGE (December 30, 1996)
Oyvind Hushovd appointed president, chief executive officer and director.
PEOPLE — CALLIOPE METALS (December 30, 1996)
Gavin Becker appointed president and chief executive officer.
Placer, Brazilian strike Sabara deal
The Brazilian subsidiary of Placer Dome (PDG-T) will acquire from Brazilian Resources (BZIN-C) an interest in the Sabara gold property.To earn its 70% stake, Placer Dome must make option payments wort…
Potential buyer walks away from Bruceside
Canamera Geological has walked away from an $8-million deal with Newhawk Gold Mines (NHG-T) for a 60% interest in the Bruceside-Sulphurets gold-silver property.Previous feasibility work at the British…
Cons. Eurocan moves on Zairian feasibility study
Tenge Fungurume, a copper-cobalt project in Zaire, will undergo a $15-million feasibility study.The project is currently owned by Tenge Fungurume Mining, a Zairian company owned 45% by state-owned min…
Keylock signs in for Kazakstani mineral projects
Calgary-based Keylock Resources (KL-A) has signed a letter of intent to merge with Centramining, a Cyprus-based company with five exploration properties in Kazakstan.Under the terms of the deal, Keylo…
GUEST COLUMN — How to make a royalty trust
It seems that everyone wants to buy royalty trusts involving mining or oil and gas because interest rates for those trusts are low compared to investor expectations, and there are few alternatives for…