PEOPLE — CALLIOPE METALS (December 30, 1996)
Gavin Becker appointed president and chief executive officer.
News
EDITORIAL PAGE — A banner year
The takeover of Diamond Fields Resources by Inco, the acquisition of Arequipa Resources by Barrick Gold, the green light for diamond mining in Canada’s North, and the blossoming of the Busang gold dep…
Teck advances Canabrava
At the Canabrava joint venture in Brazil’s Minas Gerais state, Teck (TEK-T) will continue with exploration drilling through 1997.The company holds an option to earn an initial 60% interest from Canabr…
PRODUCER PRICES (December 30, 1996)
ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …
PEOPLE — INT’L CALNEVA GOLD (December 30, 1996)
Angus Taylor appointed director.
Permit paves way for mine start-up
Toronto-based Wheaton River Minerals (WRM-T) has moved one step closer to re-opening the Golden Bear gold mine in northwestern British Columbia.Wheaton River controls the heap-leach operation through …
PEOPLE — HURLEY RIVER GOLD
Ian Burgess appointed president and director; Louis Wolfin and Michael Baybak elected directors.
Rayrock sells interest in Pinson
A minority interest in Pinson Mining, held collectively by Rayrock Yellowknife Resources (RAY-T) and three private partners, has been sold to remaining partners Homestake Mining (HM-N) and Barrick Gol…
PEOPLE — BRITANNIA GOLD (December 30, 1996)
John Gray appointed vice-president of corporate development.
Birim drills Akrokeri in Ghana
Montreal-based Birim Goldfields (BGI-T) has completed a first-phase, surface drill program at the past-producing Akrokeri gold mine in Ghana.The 4,800-ha property in the Ashanti belt is 90%-owned by B…
Rea Gold acquires Brazilian project
Junior Rea Gold (REO-T) has signed a letter of intent to acquire the Pitangui gold project in Brazil.Terms of the agreement call for the company to pay owner Luxembourg-based Minorco a total of US$5.1…
Noranda explores La Grande Nord
A geophysical program by Noranda (NOR-T) will explore polymetallic showings at its La Grande Nord property in Quebec.Previous work, including trenching and grab samples, at the 330-sq-km property, nea…