PEOPLE — DIAMOND FIELDS (July 10, 1995)
Doug Horswill appointed vice-president of public affairs.
News
DIAMOND NEWS ROUNDUP — Kennecott, Aber intensify efforts at Diavik project
Partners Kennecott Canada and Aber Resources (TSE) will proceed immediately with a $23.5-million program aimed at exploring the A-154 South kimberlite pipe at the Diavik project in the Northwest Terri…
GOLD FUNDS (July 10, 1995)
Gold Funds as of July 4BGRCentralNet Value$18.14$6.73Price$14.50$6.75Discount20.08%Premium0.3%Value$141,860,000$122,170,275…
Easton says option not good enough
An option agreement whereby Easton Minerals (VSE) was to acquire a 51% interest in the Goodenough gold mine in Zimbabwe has been terminated.Easton stated it was not sufficiently encouraged during the …
Index (July 10, 1995)
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PEOPLE — KILO GOLD
Peter Workum appointed president and Theodor Hennig appointed vice-president.
Exploration planned for Greenland
An option agreement with Platinova A/S (TSE) sets the stage for Cartaway Containers to earn a 50% interest in three mineral concessions on the west coast of Greenland.The claims were staked by Platino…
Cornucopia Res. to acquire gold producer in Arizona
The planned purchase of Addwest Minerals for US$22.3 million will give Cornucopia Resources (TSE) a 50,000-oz.-per-year gold producer.Addwest, a wholly owned subsidiary of Addington Resources (NASDAQ)…
Ivory starts work program
Exploration work is under way on property held by Ivory Oils & Minerals (VSE) about 12 km southwest of Diamond Fields’ main discovery in the Voisey Bay region of Labrador.The first phase of work inclu…
Miranda options Mexican property
Miranda Industries (VSE) can acquire the Colorada gold concession in Mexico’s Sinaloa state.To do so, it must make annual payments of US$58,000 over a 5-year period, followed by a final payment of US$…
Cameco finances Kyrgyzstani mine
Toronto-listed Cameco can now proceed with development of the US$360-million Kumtor gold deposit in Kyrgyzstan.Certain lenders will commit US$270 million to the project, and the balance will be provid…
AGF launches new mutual fund
AGF Management has added AGF World Equity Fund to its group of mutual funds.The fund is designed to provide the company with the flexibility to pursue investment opportunities on a global scale. Recom…