PEOPLE — THOR EXPL. (December 16, 1996)
Nizar Bharmal appointed director.
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PEOPLE — STRATHMORE (December 16, 1996)
Raymond Larson appointed director and Dev Randhawa appointed vice-president of finance.
PEOPLE — SRR MERCANTILE (December 16, 1996)
Michael Ross, Ryan Hanson, Souhail Abi Farrage and Glen Macdonald appointed directors.
PEOPLE — SPUR VENTURES (December 16, 1996)
George Plewes appointed director.
DIAMOND NEWS ROUNDUP — Redaurum to finance mine expansion
A rights offering is expected to generate proceeds of $3.3 million for Redaurum (RRK-T), to be used, in part, to expand diamond operations in North America.The company plans to expand its Kelsey Lake …
GOLD FUNDS (December 16, 1996)
Gold Funds as of December 5, 1996BGRCentralNet Value$22.13$6.08Price$17.15…
LME WAREHOUSE LEVELS (December 16, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.9/96 (change from previous week in brackets):Copper105,275(+11,800)Tin9,860(+340)Lead122,275(+800)Zinc521,500(-5,475)Al…
PEOPLE — TENAJON (December 16, 1996)
D.B. McLeod appointed president and chief executive officer; and Donald McLeod appointed chairman.
METAL PRICES — FREE MARKET (December 16, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 10Dec. 9Dec. 6Dec. 5Dec. 4…
Etruscan gains majority stake in Koma Bangou
Junior Etruscan Enterprises (EET-V) has completed its requirements to earn a 67% interest in the Koma Bangou gold property in Niger, West Africa.The company earned the interest by producing a feasibil…
Orion reports hot assays from Argentina
Four holes drilled on the massive Agua Rica porphyry deposit in northwestern Argentina seem to have confirmed the presence of copper-rich areas.Northern Orion Explorations (NNO-T) reports that the dri…
Int’l Northair inks Minas deal
The Mexican subsidiary of Battle Mountain Gold (BMG-N) will acquire a majority interest in the Minas property in Veracruz state.Situated 270 km east of Mexico City, the property is held by the Mexican…