PEOPLE — ROCHESTER (January 20, 1997)
Philip Walsh appointed president, chief executive officer and director.
News
Santa Fe plans talks with Newmont
In a response to a second bid from Newmont Mining (NEM-N), Santa Fe Pacific Gold (GLD-N) has agreed to sit down and begin negotiations about a business combination between the two companies.Newmont of…
PEOPLE — MASSEY MERCANTILE
Stephen Zacher appointed director.
DIAMOND NEWS ROUNDUP — Lytton raises funds for N.W.T.
Lytton Minerals (LTL-T) is undertaking a private placement of 2 million common shares at a price of $3.00 per share.Proceeds will be used to finance ongoing diamond exploration and development program…
PEOPLE — EVEREST
Bruce Bragagnolo appointed director.
LETTER TO THE EDITOR — Miranda name may result in confusion
Miranda Industries is not the same company as Miranda Mining & Development, which is the company referred to in your issue of Dec. 30, 1996 (“Mexico sizzles for Miranda, Teck”). It is unfortunate that…
LME warehouse levels (January 20, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.13/97 (change from previous week in brackets):Aluminium968,500(+11,125)Copper131,475(-3,225)Lead117,650(-750)Nickel47,90…
MOST ACTIVE ISSUES, Jan. 8-14
ExchgVol(000s)CloseMaymac ExpV29930.43Placer DomeT…
Fairstar releases results from Amantin
A first phase of diamond drilling on the Benso concession in Ghana has identified a gold-bearing shear zone underlying the Amantin prospect.Fairstar Explorations (FFR-M) conducted the 5-hole, 1,800-me…
Mineral Economics Society to hold annual meeting in British Columbia
The Mineral Economics Society of the Canadian Institute of Mining, Metallurgy & Petroleum will hold its annual meeting on Jan. 27 at the Hotel Vancouver.Entitled “Corporate Strategy in Mining: Finding…
Laramide withdraws bid for Aquiline Resources
Laramide Resources (LAM-T) has withdrawn its $5.3-million hostile takeover bid for Aquiline Resources (AQI-V), after a court turned down its petition to block Aquiline’s transactions on a Mexican prop…
Gitennes arranges placement with Teck
Gitennes Explorations (GIT-A) has arranged a $4.2-million private placement financing with Teck (TEK-T) to help fund exploration in Peru.The transaction includes 1 million units of Gitennes at $4.20 e…