PEOPLE — BELL COAST (April 21, 1997)
George Young appointed director.
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PEOPLE — BITTERROOT
Rodney Johnson appointed vice-president of exploration.
PEOPLE — CONS. SHOSHONI
Ricardo Munoz appointed director.
PEOPLE — PALMER
Jerry Pogue appointed chairman and chief executive officer; George Sanders appointed director, president and chief operating officer.
Kinross hits gold at Vogel
Kinross Gold (K-T) continues to uncover deep gold intersections at Black Hawk Mining’s (BHK-T) Vogel property near Timmins, Ont.Each of the 13 new holes intersected gold-bearing structures. Results in…
PEOPLE — RAMPTON
Paul Cowlery appointed director.
PEOPLE — SPIRE VENTURES (April 21, 1997)
George Gorzynski appointed director.
Vengold increases interest in Lihir
Vengold (VEN-T) has increased its interest in the Lihir gold project in Papua New Guinea to 7.1% from 5.7%.Under an arrangement with National Provident Fund, one of Papua New Guinea’s leading financia…
Stock mill begins custom milling
The Stock mill near Matheson, Ont., has begun operating again after a suspension of nearly three years.The mill, which is owned and operated by St Andrew Goldfields (SAS-T), recently began milling ore…
Phelps Dodge stays on course during quarter
Despite a slight downturn in copper prices, Phelps Dodge (PD-N) earned a profit in the first quarter.Income amounted to US$137.5 million (or $2.12 per share) on revenue of just over US$1 billion, comp…
STOCK MARKETS — Juniors take a beating as VSE composite drops for second straight week — Winspear recovers ground following kimberlite intersection in Northwest Territories
Junior mining stocks were battered over the report period ended April 15.The Vancouver Stock Exchange composite index closed down 55.59 points, or 5.06%, to 1,043.44, whereas the resource index fell 1…
TORONTO STOCK EXCHANGE INDICES (April 21, 1997)
1997Apr.15Apr.14Apr.11Apr.10Apr.9HighLowComposite…