Iamgold catapulted to status of gold producer
The first gold pour at the Sadiola Hill mine in western Mali has transformed Iamgold (IMG-T) into a producer.”Prior to this event, we were a company with a mine under development. The first pour and t…
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Grayd Resources tests Dry Creek for VMS
Reconnaissance drilling at the Dry Creek property near Fairbanks, Alaska, has returned encouraging values for Grayd Resource (GYD-V).The program was carried out on the Red Mountain massive sulphide zo…
Placer revives takeover plans for Highlands
Vancouver-based Placer Dome (PDG-T) has fallen back on its original plan for a hostile takeover of Australian-based Highlands Gold now that a proposed underwriting of a new company has failed.The unde…
FACTS’N’FIGURES — India’s untapped potential
Recent changes to India’s mining regulations are paving the way for increased foreign investment in that sector and a stronger Indian economy.At a recent conference in London, B.P. Baishya, India’s mi…
PEOPLE — WESTMOUNT (January 20, 1997)
Scott and Paul Marshall appointed directors.
PEOPLE — VOISEY BAY RES. (January 20, 1997)
Stephen Walters appointed exploration manager of Indonesia.
PEOPLE — SHORE GOLD (January 20, 1997)
Edward Schiller appointed director.
PEOPLE — STARPOINT GOLDFIELDS (January 20, 1997)
Rafik Rashul appointed vice-president of Angolan operations.
China Clipper to evaluate ground
Ottawa-based China Clipper Gold Mines (CXX-A) has signed a memorandum of understanding with the East China bureau of the Metallurgical Industry Ministry concerning three early-stage gold properties in…
VSE juniors form exploration partnership in China
Vancouver juniors Southwestern Gold (SWG-T) and Global-Pacific Minerals (GPJ-V) have signed an agreement with the Chinese government for 3,000 sq. km of exploration concessions in province of Inner Mo…
METAL PRICES — FREE MARKET (January 20, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJan. 14Jan. 13Jan. 10Jan. 9Jan. 8…
Altavista drills gold at Santa Anna
Montreal-based Altavista Mines (AIA-M) has announced encouraging drill results from its Santa Anna gold property, 15 km southwest of La Sarre, Que.The new structure, called Zone 8, was first intersect…