PEOPLE — NEW GUINEA GOLD (December 22, 1997)
J.D. Thomas appointed director.
News
PEOPLE — MEGASTAR (December 22, 1997)
Ian Wright appointed director.
PEOPLE — LUCERO
J.R. McClellan appointed director.
PEOPLE — LAYFIELD
Donald Moore appointed director.
PEOPLE — LA PLATA (December 22, 1997)
John James appointed president; A.C. Richardson appointed director.
US tailings dam wins rehabilitation award
A tailings dam in St. Francois Cty., Mo., has been named National Rehabilitation Project of the Year.The award, which is given out by the Association of State Dam Safety Officials, recognizes “the use…
Swiss aid for Noril’sk
Russia’s Noril’sk Kombinat has secured a US$55-million loan from a Swiss-based bank to improve its operations.The first installment of the loan, which was provided by Union Bank of Switzerland, is US$…
TSE Short Positions (December 22, 1997)
Short position outstanding at November 30, 1997Larger individual positions include: Athabaska Gold 125,000, up 125,000; Barrick Gold 11,179,390, down 551,576; Campbell Resources 4,168,578; Echo Bay 85…
Phosphate producers to expand in South America
A joint subsidiary of Luxembourg-based Minorco and British-based Albright & Wilson has signed a deal to supply phosphate to several South American countries.The company will be owned equally by the pa…
Altavista raises funds for Santa Anna drilling
Altavista Mines (AIA-M) has raised a total of $829,000 to finance the latest phase of drilling at its Santa Anna gold project in northwestern Quebec.Altavista closed on an initial $429,000 of a $650,0…
Miner reps to speak at CIM student night
The Bre-X Minerals fraud will be the topic of discussion at a special meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Jan. 15 at Toronto’s Ontario Club.The discussion…
Armada secures funds for Erdmin project
Armada Gold (AAU-T) has secured financing to continue its expansion of the Erdmin copper plant in Mongolia.The second phase of the expansion is designed to boost daily copper output to 60 from 10 tonn…