Weather hampers ANAK-1 drilling
Harsh weather has forced Tapestry Ventures (VSE) and Portman Explorations (VSE) to suspend drilling operations at their jointly held ANAK-1 property in the Voisey Bay area of Labrador.The companies re…
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Magma, BHP to form copper giant
Two New York-listed companies — BHP Minerals and Magma Copper — will join forces to become the second-largest copper producer in the world.The new entity will account for 10% of all production, seco…
PEOPLE — GEOMAQUE EXPL.
Jon Morda appointed vice-president and chief financial officer.
PEOPLE — COLOSSAL RES.
David Balchin appointed director.
PEOPLE — CANADIAN GOLDEN DRAGON (December 04, 1995)
Allen Schwabe elected director.
PEOPLE — BIRCH MOUNTAIN (December 04, 1995)
Gordon Toll and Myron Goldstein appointed directors.
PEOPLE — ASIA PACIFIC RES.
Al Wahlstrom appointed chief operating officer.
PEOPLE — AMERICAN RESOURCE
Bruce Thiesen named vice-president and chief financial officer; Anthony Miller named vice-president of administration and general counsel; Martin Quick named vice-president of operations; A.C. Perkins…
PEOPLE — ALTAI RES.
Ivan de Souza appointed chairman.
Gold Funds (December 04, 1995)
Gold Funds as of November 23, 1995BGRCentralNet Value$17.07$6.51Price$13.38$6.25Discount21.65%4.0%Value$133,465,000$113,120,625…
Anvil ahead of schedule at Faro
The Faro mine of Anvil Range Mining (TSE) produced 74,000 tonnes of lead and zinc concentrates in its first two months of operation. Anvil had not planned to be producing concentrate before November, …
Final assays surface at Nugget Pond
Underground drilling has ceased at the Nugget Pond gold project near Baie Verte, Nfld., and a new reserve is being calculated.The figures will be incorporated into an ongoing final feasibility study, …