ODDS’N’SODS — Yellow-brick sidewalk
The discovery of the fabulous “golden sidewalk” is said to be the most spectacular find of visible, on-surface gold made in the history of Canadian gold mining.Situated at Carr Lake, in northeastern O…
News
ACC to host hedging seminar
The American Copper Council (ACC) will hold an intermediate-level hedging seminar on Sept. 10 at Manhattan’s Warwick Hotel in New York, N.Y.Featuring an address by John Gross, vice-president of strate…
PEOPLE — LYSANDER GOLD
John Auston elected chairman; Stephen Sopher elected president; Andrew Milligan, Donald Mustard, Roberto Negrao de Lima, Charles Russell, Lou Duarte and William Meyer elected directors.
PEOPLE — MARGE ENTERPRISES
Basil Pantages and Larry Sookochoff appointed directors; Raj Pandya appointed president.
Aur cuts gold at Coleman Canyon
Drilling on the Coleman Canyon property in Nevada, Aur Resources (AUR-T) has hit several thick intersections of low-grade gold mineralization.Since June, Aur has completed 21 reverse-circulation holes…
It’s official: Diamond Fields now a division of Inco
With all shares of Diamond Fields Resources (DFR) now in the hands of Inco (N-T), the former’s Voisey Bay Nickel Company subsidiary has become a division of Inco.On Aug. 21, Inco’s acquisition of DFR …
Euro-Nevada buys into Aussie mine
Royalty company Euro-Nevada Mining (EN-T) has paid A$7 million for a 20% interest in the New Celebration gold mine, which lies in the heart of Australia’s Kalgoorlie-Kambalda gold camps.The mine, incl…
STOCK MARKETS — Junior issues soar on Vancouver market
The Vancouver Stock Exchange rose 63.97 points over the report period ended Aug. 20, to finish at 1,198.03, while the resource index leaped 273.1 points to close at 2,429.96.The latest drill results f…
MOST ACTIVE ISSUES (August 26, 1996)
ExchgVol(000s)CloseBema GoldT40413 11.20Arizona StrV…
DIAMOND PAGE — United Reef expanding reserves in CAR
A $2.5-million exploration program on the Bamingui River diamond property in the Central African Republic is under way, reports United Reef (URP-T).Trans Hex Group of South Africa, which holds a 35% i…
CIM luncheon will shed light on Cameco
The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) resumes its speakers’ luncheons on Sept. 19, when the guest of honor will be Bernard Michel, chairman, president and chief executive offi…
PEOPLE — MADISON ENTERPRISES (August 26, 1996)
Nell Dragovan appointed chairman; Leslie MacConnell and Robert Sibthorpe appointed directors.