PEOPLE — HOMESTAKE MINING (August 12, 1996)
Jack Thompson elected president and chief executive officer.
News
Gold Funds (August 12, 1996)
Gold Funds as of August 1, 1996BGRCentralNet Value$23.14$6.54Price$18.05$…
Geological discussion group holds annual general meeting
The Toronto Geological Discussion Group will hold its annual meeting on Aug. 13.Scheduled for 12 noon in the boardroom of Richardson Greenshields, 130 Adelaide St. W., Suite 1400, the meeting will foc…
DIAMOND NEWS ROUNDUP — Trade Winds starts bulk sample
Bulk sampling is under way at the Drybones Bay kimberlite discovery, 50 miles southeast of Yellowknife, N.W.T.A program totalling 3,000 metres of HQ- and NQ-diameter angle drilling is planned by opera…
MOST ACTIVE ISSUES, July 31-August 6
ExchgVol(000s)CloseVior MiningM 11232 1.07TVX Gold IncT…
FMC gets nod for reorganization
Shareholders of FMC Gold (FGL-N) have approved the company’s reincorporation into Meridian Gold.The company has about 73.5 million shares outstanding.The transaction was completed in early August, whe…
Toronto Stock Exchange Indices (August 12, 1996)
1996Aug 6Aug 5Aug 2Aug 1July 31HighLowComposite “…
Barrick Gold eyes Minorca’s Aiguebelle property in Quebec
While Indonesia’s gold potential is the main focus for Minorca Resources (MAR-T), the junior has signed a joint venture allowing Barrick Gold (ABX-T) to explore its Aiguebelle property in the Abitibi …
Northern Crown drills Guadalupe Mine zone
Drilling by Northern Crown Mines (NCW-V) at the Guadalupe de Los Reyes project in northwestern Mexico has intersected epithermal gold mineralization.The discovery occurred in the Guadalupe Mine zone, …
Manhattan will explore Tambo Grande
With all necessary documentation in place, Manhattan Minerals (MAN-T) will form a Peruvian operating company to explore and develop the Tambo Grande project in Peru. The company, to be owned 50.05% by…
STOCK MARKETS — Golds lead Toronto market higher
The Toronto Stock Exchange moved higher during the report period July 31-Aug. 6, with the TSE 300 composite index finding its way back above 5,000 for the first time since July 19. The index closed at…
STOCK MARKETS — Optimism inflates Western indices
A mood of optimism crept back into western markets as the Vancouver Stock Exchange composite index reversed its downward trend over the report period ended Aug. 6, to finish up 33.27 points at 1,132.9…