PEOPLE — Latigo
Eric Wiltzen appointed chairman, CEO and director; Kenneth Embree appointed secretary; Matthew Waterer and Shawn Wiltzen appointed directors.
News
GOLD FUNDS (June 14, 1999)
Gold Funds as of June 4, 1999BGRCentralNet Value$13.175.42Price$9.00$5.40…
NEVADA & THE WESTERN STATES — Getchell, Placer complete merger — Full capacity projected at 800,000 oz. per year
In a deal valued at US$1.1 billion, shareholders of Getchell Gold (GGO-X) have agreed to merge with Placer Bullion Acquisition, a wholly owned subsidiary of Placer Dome (PDG-N).The merger is the resul…
Boliden charged, Placer fined following accidents
Boliden Westmin has been charged under British Columbia’s mines safety code following an accident at its Myra Falls underground operation in October 1998 in which a miner was killed.Richard Nadeau was…
Meetings (June 14, 1999)
June 14, Alhambra June 14, Allican June 14, Breakwater June 14, Donnybrook June 14, Int’l Freegold June 14, Int’l Dunlap June 14, Invader June 14, Liberty June 14, Lysander Gold June 14, Marengo June …
NEVADA & THE WESTERN STATES — Olinghouse weathers rough startup
Following a dismal fourth quarter in 1998, Alta Gold (ALTA-Q) returned to profitable form in the first three months of this year.Income for the period ended March 31 totalled US$30,000 (or nil per sha…
PEOPLE — Sanfred
Richard Smith appointed director.
PEOPLE — Rex Diamond (June 14, 1999)
Hon. Robert Kaplan appointed director.
Asia Minerals frets future of Copperstone
The demise of Royal Oak Mines has forced Asia Minerals (AMP-A) to shelve a feasibility study planned for the partners’ Copperstone gold property, leaving development in limbo.At issue is the future of…
SPOT PRICES, Wednesday June 9, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$262.00-$5.05Silver$ 4.93-$0.05…
NEVADA & THE WESTERN STATES — Iron King revived as VMS exploration target
An option agreement with a private company sets the stage for Minera Sierra Madre (MSA-A) to acquire and explore the past-producing Iron King mine property in Yavapai Cty., Ariz.A volcanogenic massive…
New name for San Andreas
Junior San Andreas Resources (SAO-T) has changed its name to Canadian Zinc, and will trade under the symbol CZN on the Toronto Stock Exchange.The new name, which has yet to be approved by regulators, …