Rea Gold tops up its treasury
A private placement of 4 million special warrants at $2 each will provide Rea Gold (TSE) with additional funds to continue work at its Bissett gold project in Manitoba.Underwriters Goepel Shields & Ne…
News
Analysts predict hot summer at Voisey Bay
Four prominent mining analysts agree that the Voisey Bay nickel-copper-cobalt discovery will continue to be the hot spot for market activity this year.The experts Douglas Leishman of Yorkton Securitie…
Echo Bay allies with TVI Pacific
In a move aimed at uncovering large gold deposits in the Philippines, Echo Bay Mines (TSE) has formed an alliance with TVI Pacific (ASE).The former will purchase, through a private placement, 5 millio…
PEOPLE — DAKOTA MINING (May 08, 1995)
Martin Quick appointed president and general manager.
PEOPLE — REAL RESOURCES
Neil Thiessen appointed vice-president of exploration.
PEOPLE — WESTERN GARNET (May 08, 1995)
Gregory Emerson appointed chief financial officer.
TSE INDICES (May 08, 1995)
— 1995 –May 2May 1Apr 28Apr 27Apr 26HighLowComposite”300″4297.934292.444279.474273.804282.924320.523983.34Metals&Minerals4022.614070.034097.194041.414066.564337.893273.5…
GOLD FUNDS (May 08, 1995)
Gold Funds as of May 2BGRCentralNet Value$17.29$6.83Price$14.75$6.875Discount14.70%Premium0.7%Value$135,186,000$124,432,688…
NEWS IN BRIEF — International Prism Exploration (IPE:VSE) has changed its name to Prism Resources (PRN:VSE) on a 1-new-for-3-old-share basis.
DIAMOND NEWS ROUNDUP — Additional AK results consistent with earlier values
The latest results from the discovery hole on the AK property in the Northwest Territories are consistent with, but somewhat lower than, initial results released in early April.Partners Mountain Provi…
PEOPLE — GOLD INSTITUTE
Ronald Cambre elected chairman.
PEOPLE — NEWMONT GOLD (May 08, 1995)
Michael Thomsen appointed director of foreign exploration.