Phelps Dodge records profit for quarter
With increased earnings per share resulting from an extended share buy-back program, Phelps Dodge (PD-N) reported a profit for the second quarter of 1997.The major earned US$134.8 million (or US$2.16 …
News
KWG set to become significant nickel producer — Company will share laterite project with Cuba
A nickel deal signed with the government of Cuba should more than double the value of assets belonging to KWG Resources (KWG-T).KWG, a 26%-owned affiliate of St. Genevieve Resources (SGV-T), signed a …
Petro Plus finances Blackdome
An agreement between Petro Plus (PPV.A-A) and a private Alberta company is expected to provide the necessary funds to resume operations at the Blackdome gold mine near Clinton, B.C.By month’s end, MCM…
Ecuadorian, Newcrest form JV in Peru
Australian gold miner Newcrest Mining and Ecuadorian Minerals (EMC-T) plan to acquire the Ayapata gold project in southern Peru.For its part, Ecuadorian can pick up the 10-sq.-km property, subject to …
NEWS IN BRIEF (July 21, 1997)
Ambassador Industries (AID-V) has changed its name to Barrier Mining (BMI-V) on a 4-old-for-1-New-share basis.
PEOPLE — LINK
John Hansuld appointed president.
PEOPLE — KISMET
Ted McMullen elected director.
PEOPLE — KALIMANTAN GOLD (July 21, 1997)
Hardwin von Hahn and Raynard von Hahn appointed directors.
PEOPLE — INT’L PANORAMA (July 21, 1997)
Thomas Drolet appointed director.
PEOPLE — GULF INT’L (July 21, 1997)
Ian McKinnon appointed director.
PEOPLE — GETTY COPPER (July 21, 1997)
Vic Preto appointed director.
PEOPLE — GALA RES. (July 21, 1997)
E. Baker appointed director.