Lihir announces public offering
A registration statement has been filed with the U.S. Securities and Exchange Commission relating to the sale of shares in newcomer Lihir Gold.The company, newly incorporated in Papua New Guinea, plan…
News
La Teko lands partners for Ryan Lode mine
With an attractive reserve figure at the Ryan Lode gold mine near Fairbanks, Alaska, La Teko Resources (NASDAQ) has granted an option to two small companies in an effort to reopen the operation.The co…
PEOPLE — PRIME EQUITIES — Chet Idziszek appointed director.
PEOPLE — QUINTO MINING — R. Caine appointed director.
PEOPLE — HOLMER GOLD — Douglas Lewis and Tor Jensen appointed directors.
PEOPLE — AQUATERRE MINERAL — Murray Pezim and Lawrence Page appointed directors.
MOST ACTIVE ISSUES, SEPT. 6-12
Exchg Vol(000s)HighLowCloseChange Atna Res V7574355190335+140TVX Gold Inc T5149$10 3/89 5/810 1/4+1/2Asia Pac Res T3789$5 1/84 1/85 1/8+7/8Bl Swan Gld MnT3435341631+ …
Correction (September 18, 1995)
At the Lady Lina property in Zimbabwe, drilling by Antares Mining & Exploration (TSE) has increased reserves and resources to 2.87 million tonnes averaging 0.149 oz. gold per ton. Incorrect informatio…
LABRADOR NEWS ROUNDUP — Black Pearl expands presence
An additional six claim blocks, comprising 749 claims, have been acquired by Black Pearl Minerals (CDN).The claims are near Okak Bay, 130 km north of Voisey Bay, and bring the company’s Labrador holdi…
NEWS IN BRIEF (September 18, 1995)
Consolidated Golden Lion Resources Ltd. (CLU:VSE) has changed its name to Americ Resources Corp. (ARW:VSE) on a 1-new-sh-for-4.5-old-shs basis.
PEOPLE — WORLD WIDE — Paul Carroll appointed chairman; James Wade appointed executive vice-president; John Ivany appointed president; Paul Roberts appointed senior vice-president of exploration; Derek Buntain appointed senior vice-president of finance; William Tynkaluk, Gordon McCreary and Richard Feng appointed directors.
GOLD FUNDS (September 18, 1995)
Gold Funds as of September 7BGRCentralNet Value$17.89$6.53Price$13.75$6.500Discount23.16%0.5%Value$139,906,000$117,645,450…