News

Eugene Setka appointed managing director and chief executive officer, and Greg Mosher appointed president.

Directors and senior officers at Golden Rule Resources (GNU-T) were active in the market in the closing months of 1996 and the beginning of 1997, according to the Ontario Securities Commission.G.A. De…

Peter Mills appointed director and Martin Jones appointed vice-president of investor relations.

Patrick Downey appointed vice-president of operations.

Short positions outstanding at February 15, 1997Larger individual positions included: Barrick Gold 10,628,093, down 342,686; Agnico-Eagle 256,368, down 93,924; AJ Perron Gold 376,400; Algoma Steel 471…

As Dorothy said fondly of Kansas, after her whirlwind trip to the weird and wonderful Land of Oz, “there’s no place like home.”It would seem that her feeling is shared by a good many North American mi…

The Chevrier property of GeoNova Explorations (GNE-M) is fast becoming one of the largest undeveloped gold projects in Quebec.Drill results at the project, situated near Chibougamau, Que., have enable…

Gold Funds as of February 20, 1997BGRCentralNet Value$22.47$6.04Price$17.95…

A tailings spill at the Marcopper copper mine in the Philippines continued to haunt Placer Dome (PDG-T) in 1996, contributing to a loss of US$65 million (or 27 cents per share).By comparison, the comp…

Copper producers need to exercise caution before proceeding with the next generation of mines, according to a study by London-based CRU International, a commodities research firm.A prolonged period of…

The last of three holes drilled by partners Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) has uncovered a new zone of mineralization at the Anoki gold deposit on the McBean property, east o…

Northern Orion (NNO-T) has announced a new resource estimate for its Campana Mahuida copper-gold deposit in western Argentina.Based on 107 drill holes and a cutoff grade of 0.25% copper, the geologic …