Gold Funds (November 25, 1996)
Gold Funds as of November 14, 1996BGRCentralNet Value$23.09$6.19Price$18.35…
News
Phelps Dodge nixes Peruvian agreement
The Peruvian subsidiary of Phelps Dodge (PD-N) has terminated the conditional assignment agreement on Rio Amarillo Mining’s (RIO-V) Candelaria porphyry copper project in southern Peru.The US$5-million…
PEOPLE –PACIFIC AMERICAN
Hiro Ogata appointed chairman and chief executive officer.
PEOPLE –ROCHESTER
D. Campbell, Gary Liu, Ronnie Doman, Victor Erickson and Roger Nickel appointed directors.
PEOPLE — MIRAMAR MINING (November 25, 1996)
Brian Labadie appointed senior vice-president of operations.
Goldcorp makes new bid for Wharf Resources
Toronto-based Goldcorp’s (G.A-T) bid for subsidiary Wharf Resources (WFR-T) has received a lukewarm vote of confidence from Wharf’s independent directors following a valuation of the company.Wharf’s d…
Breakwater Resources aims to join zinc big-leagues
Having closed the acquisition of the Nanisivik mine in the Arctic, and with the Caribou and Restigouche mines slated for production, Breakwater Resources (BWR-T) expects to be the third-largest zinc p…
Eldorado raises exploration funds
Junior Eldorado Gold has completed its merger with exploration affiliate HRC Development and entered into a $91-million financing agreement.A syndicate of underwriters will buy 10 million special warr…
LETTER TO THE EDITOR — Table mistaken for a Knelson concentrator
The second-page photograph accompanying the story “Joe Mann’s reserves on the rise” (T.N.M., Oct. 7/96) depicts a concentrating table, not a Knelson concentrator. The table is used as a means of upgra…
Campbell Res. hits gold in Sonora
Reverse-circulation drilling has intersected gold mineralization at two prospects at the Santa Gertrudis property in Mexico’s Sonora state, as Campbell Resources (CCH-T) continues its effort to build …
Viceroy pours gold at Brewery Creek
Brewery Creek, the largest lode gold mine ever built in the Yukon, has poured its first dore bar.Owner Viceroy Resource reports that the pour consisted of 1,320 oz. of 80% gold.Situated 58 km east of …
Radisson finds free gold at O’Brien
Surface exploration by Radisson Mining Resources (RDS-M) has confirmed a zone of at least three quartz veins containing free gold at the past-producing O’Brien gold mine in the Abitibi region of Quebe…