PEOPLE — DA CAPO (October 17, 1994)
Michael Schuler appointed exploration manager; Ing Corder appointed chief geologist of Bolivian operations.
News
PEOPLE — GOLD CITY (October 17, 1994)
Robert Miller appointed director.
PEOPLE — AQUATERRE (October 17, 1994)
Chester Johnson appointed director.
PEOPLE — PACIFIC RIM (October 17, 1994)
Gerald Phillips appointed director and interim president; Druval Westcott, Douglas Ward and Arnold Poetker appointed directors.
Gold Funds (October 17, 1994)
Gold Funds as of Oct 10 BGR Central Net Value $18.29 $6.87 Price $15.75 $7.25 Premium 5.5% Discount 13.91% Value $148,628,000 $131,219,925…
Underground drilling results at Nicholas Lake encouraging
Management of Athabaska Gold (TSE) is encouraged by underground drill results from its Nicholas Lake property, 60 miles north of Yellowknife, N.W.T. Results have been received from 15 of the 36 holes …
Anvil to raise $55 million
The new company formed to revive the Faro lead-zinc mine in the Yukon has engaged a financing firm to complete a $25-million private placement. Anvil Range will place 4.4 million shares with both Cana…
Partners explore Mishibishu Lake
Fifty-fifty partners MacMillan Gold (TSE) and Granges (TSE) are exploring their Mishi gold property near Mishibishu Lake in northern Ontario. Geophysical surveys are being employed in an effort to out…
STOCK MARKETS — Yellow metal’s performance leaves
Gold’s performance in the week ended Oct. 11 proved disappointing, as it finished down US$5 per oz. at the US$387-per-oz. level. A Muscovite with a few ounces tucked away under the mattress would, of …
Toronto Stock Exchange Indices (October 17, 1994)
— 1994 — Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 High Low Composite”300″ 4315.39 N/A 4290.80 4276.32 4253.36 4609.93 3518.31 Metals&Minerals 4051.98 N/A 4075.69 4009.50 3994.10 4270.14 3273.56 Integrated Mi…
Battle Mountain pours first gold at Reona mine
The first gold has been poured at Battle Mountain Gold’s (NYSE) Reona mine in Nevada. Production of 16,000 oz. is expected in the fourth quarter, and annual production (beginning in 1995) is projected…
Ontario’s Martel quits cabinet post
The cabinet of Ontario’s governing New Democratic Party is looking for a new mines minister following the resignation of Shelley Martel. The controversial representative of Sudbury East stepped down s…