News
PEOPLE — SAN FERNANDO — John Brown appointed director and president.
PEOPLE — PRIME EQUITIES — Leslie MacConnell and Joseph Wolberg appointed directors.
PEOPLE — INDOMIN — Kenneth McKechnie appointed president and director; Lee Spencer appointed senior vice-president, exploration, and director; Paul Loudon appointed vice-president, corporate development; N. Newson appointed vice-president, exploration (Canada); John York appointed vice-president, finance; and James Harris appointed director.
PEOPLE — ECUADORIAN — Robert Henseler appointed director.
PEOPLE — BRITANNIA GOLD — George Poling appointed director; William Murray appointed vice-president of operations; John Nilsson appointed vice-president of mining; Terry O’Kane appointed vice-president of technical services; and David Horst appointed vice-president of government affairs.
Exall to buy stake in Hislop-Beatty
Exall Resources (TSE) has agreed to pay Hemlo Gold Mines (TSE) $3.1 million for its 60% controlling interest in the Hislop-Beatty gold property east of Timmins, Ont.Along with the cash payment, Hemlo …
Golden Giant resumes mining
Fractures in the shaft at the Golden Giant mine near Marathon, Ont., were surficial only, and owner Hemlo Gold Mines was expected to have resumed underground operations by presstime. The fracturing, a…
DIAMOND NEWS ROUNDUP — Spider, KWG discover diamonds in James Bay Lowlands
The Kyle 3 kimberlite in the James Bay Lowlands of northern Ontario has yielded 104 diamonds.Four holes drilled by partners Spider Resources (ASE) and KWG Resources (TSE) intersected a diamondiferous …
GREATEST VALUE TRADED (December 25, 1995)
Barrick Gold T174175$36 7/835 1/236-1Placer Dome T153065$34 5/832 7/833 3/8-1 5/8Inco Ltd T83909$49 3/4 47 1/447 7/8-1/2Franco-Nev T40172$827879 1/2-2 3/8Sherritt T39589…
Venture combines Acadia, two offshore companies
Three companies would be folded into one under a proposed restructuring plan for Acadia Mineral Ventures (CDN).The arrangement would see Messina Copper (Botswana), owner of a Botswanan copper property…
STOCK MARKETS — Christmas doldrums keep western markets flat
Western markets were sideswiped by the Christmas doldrums over the report period ended Dec. 19. The Vancouver Stock Exchange resource index dropped 23.66 points to close at 1,241.52, while the composi…