PEOPLE — CADRE
Page Chilcott and Stanley Sandner appointed directors.
News
PEOPLE — CANADA TUNGSTEN
James Gill appointed president and chief executive officer; Wayne Lenton appointed chairman; Howard Stockford appointed vice-president of exploration; and David Libby appointed vice-president of minin…
GOLD FUNDS (January 23, 1995)
BGR Central Net Value $16.89 $6.60 Price $14.00 $6.75 Discount 17.12% Premium 2.3% Value $133,012,000 $122,170,275…
INVESTMENT COMMENTARY — Queenstake seen as attractive
Buying out-of-favor stocks is seen by many as a good way of following the first part of the buy-low/sell-high rule. Yorkton Securities sees value in Queenstake Resources (TSE), which recently traded a…
Birim expands Ghanaian holdings
CDN-listed Birim Goldfields has expanded its Dunkwa prospecting licence in Ghana to more than 130 from 50 sq. km. The property lies between the Ashanti Goldfields gold mine and Gencor’s Bogosu gold mi…
New coal mine for Stellarton, N.S.
Nova Scotia’s natural resources ministry has given the green light to a surface coal-mining operation at the former Wimpey pit in Pictou Cty. The project, proposed by Pioneer Coal, was approved subjec…
Caledonia in Scotland
An agreement has been signed enabling Caledonia Mining (TSE) to acquire Scottish-based gold explorer Fynegold Exploration for US$4.25 million plus 500,000 Caledonia shares. Fynegold holds licences and…
Corner Bay projects advance
Management of Corner Bay Minerals (TSE) has received encouraging results from two separate joint ventures near Chibougamau, Que. On the Group 1 “Inner Block” property, where copper reserves have been …
MacDonald cuts gold in Cuba
Diamond drilling has encountered high-grade, parallel mineralized zones at the Florencia Sector gold deposit near Camaguey, Cuba, reports project operator MacDonald Mines Exploration (CDN). Last fall,…
Developments at Barrick, Noranda
Senior gold producer American Barrick Resources (TSE), which recently changed its name to Barrick Gold Corp., has announced that the planned sale of four gold properties — the Macassa and Golden Patr…
Tri Origin wraps metallurgical tests
Mixed results are reported from preliminary metallurgical tests conducted on samples from the Lewis Ponds polymetallic project in Australia. Property owner Tri Origin Exploration (TSE) obtained the co…
Granges, Hycroft plan merger
A merger proposal has been presented to Hycroft Resources & Development (TSE) by its 50.5% parent, Granges (TSE). The amalgamation would require the calling of special meetings of the shareholders of …