PEOPLE — REA GOLD
Larry Reaugh appointed chairman; W. Hogan appointed president and chief operating officer.
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PEOPLE — NAXOS RESOURCES
Carl Campbell and Ian Gordon appointed directors.
PEOPLE — COAL ASSOCIATION OF CANADA (July 20, 1992)
Dick Drozd elected chairman.
PEOPLE — SEVEN MILE HIGH
W. White appointed director.
PEOPLE — GOLDEN CROWN RESOURCES
Ronald Woznow appointed director.
Customer cuts Uranium deliveries
The largest customer of Uranium Resources (TSE) has reduced significantly the amount of 1993 deliveries. The company says the client has cut back its requirements for its nuclear reactors to 72,000 lb…
McLeod calls off Falconbridge deal
Mining financier Dennis McLeod has elected not to go ahead with a previously announced proposal to purchase from Falconbridge a 56.4% interest in Falconbridge Gold (TSE). In April, Portree Inc., a pri…
Control changes at Bull Run
Norman Burmeister, president of Bull Run Gold Mines (NASDAQ), recently sold all his shareholdings in the company to the Robinson-Prather Partnership. The purchase price for Burmeister’s 1.284 million …
Pezim firms drop Vaughan option
Three of Murray Pezim’s juniors recently dropped options to earn an interest in the Vaughan gold project in South Carolina. International Viking Resources (VSE) terminated its option to earn an intere…
GOLD FUNDS (July 20, 1992)
BGR Central Net Value $8.26 $5.04 Price $7.13 $4.70 Discount 13.72% 6.70% Value $49,169,000 $79,074,210…
TORONTO STOCK EXCHANGE INDICES (July 20, 1992)
July 14 July 13 July 10 July 9 July 8 High Low Composite”300″3463.17 3449.23 3447.55 3439.75 3418.38 4009.47 3009.91 Metals&Minerals 3210.36 3203.69 3203.87 3201.46 3172.31 3453.06 2502.63 Integrated …
STOCK MARKETS — Rising gold stocks give TSE 300 index a
A firmer gold price rode to the rescue of an otherwise flat market during the week ended July 14 as the yellow metal hit US$350.90 in London, up US$3.25 from last week. Bolstered by the exaggerated in…