COMMENTARY — Gold deal restores confidence
The agreement signed in September by the European Central Bank and the central banks of most European nations transforms the gold market in several ways, according to the World Gold Council.First, alt…
News
PEOPLE — Major General (October 18, 1999)
William Coulter appointed president.
PEOPLE — Intercontinental Mining
Michael Gautreau appointed president and director; John Frank appointed director.
PEOPLE — Golden Tiger (October 18, 1999)
Ludger Kohmascher and Richard Frawley appointed directors.
PEOPLE — Golden Thunder (October 18, 1999)
Christopher Fung and Michael Ly appointed directors.
PEOPLE — Cons. Thunderbird
Ole Jensen, Bill Monkman, Peter Dekur, Alfred Turton and Dalton DuPasquier appointed directors.
LATIN AMERICA — NEWS ROUNDUP — Golden Peaks enters phase two
Operator Golden Peaks Resources (GL-V) has launched a US$900,000 exploration program on the Sierra de Las Minas and Los Dos Buhos gold-silver properties in northwestern Argentina.Previous drilling by …
Teryl, Kinross team in Alaska
Kinross Gold (K-T) has agreed to acquire a 70% interest in the Westbridge claims in Alaska’s Fairbanks district.In return, Kinross must pay US$285,000 to Vancouver-based Teryl Resources (TRC-V) and sp…
LATIN AMERICA — Apac hits gold at Los Menucos
Junior explorer Apac Minerals (APC-V) has hit broad low-grade gold mineralization at the Los Menucos property in southern Argentina.The company completed 45 reverse-circulation holes, totalling 4,000 …
Grupo Mexico puts pressure on Asarco
Grupo Mexico has upped its cash bid for Asarco (AR-N) to US$29.50 per share in an effort to derail a signed merger deal between Asarco and Phelps Dodge (PD-N).Asarco has not responded to the improved …
PEOPLE — Cons. Pine Channel
John Harvey appointed director.
THE NORTHERN MINER — Small Producers Index (October 18, 1999)
72.44 (- 4.23)