PEOPLE — ASIA PACIFIC RES.
Al Wahlstrom appointed chief operating officer.
News
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, …
New zone adds to Rainbow
Encouraged by results from the Rainbow property in southern British Columbia, partners Teck (TSE) and Getchell Resources (VSE) will undertake a third phase of drilling.The property is a few kilometres…
Canarc tests Guyanese property
A second phase of drilling is under way on the Ianna property in Guyana.Canarc Resource (TSE), which can earn up to a 65% interest from Roraima Gold (VSE), is testing the bulk-tonnage potential of the…
Companies (December 04, 1995)
INDEXAg ArmenoAmax GoldAmer Min FldsAnvil Range MgAristaAshtn Mg of CdaAtnaAur ResourcesBarrick GoldBHP Min.Bre-XBreakwaterBreseaCambiorCamphor VntrsCanarcComincoCons Ramrod GldCoral GoldDia…
Arista to acquire Kremzar deposit
Arista Resources (VSE) will acquire the Kremzar gold project northwest of Wawa, Ont.The deposit lies on the northern limb of an anticlinal sequence of metavolcanics. It is stratigraphically above a hi…
Production costs up for Royal Oak
High cash operating costs took some wind out of the sails of Royal Oak Mines (TSE) during the first nine months of 1995.The company earned $19.5 million (or 17 cents per share), on revenue of $153.1 m…
Eight new inductees to Mining Hall of Fame.
The Canadian Mining Hall of Fame will induct eight individuals at its annual dinner on Jan. 8, 1996, in Toronto.Established eight years ago, the Hall honors legendary mine-finders and mine-builders wh…