Beaufor pays off for Louvem Mines
Investment in the Beaufor gold mine near Val d’Or, Que., has paid off for Louvem Mines (TSE), which made a slight profit in the first quarter.The company earned $16,808 (nil per share) on revenue of $…
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ANNUAL REPORT REVIEW — An investor’s guide to reading the Annual Report
What is past is prologue. — William ShakespeareChances are the Bard never had to write an annual report, yet the above aphorism serves as a reasonable explanation as to why this most widely read of f…
SOUTHEAST ASIA SPECIAL — Minorca and Indonesian partner to explore holdings
A 70% interest in 6% of production from a gold project appears to be slim pickings, but not when the deal involves the multi-million-ounce Busang gold deposit in East Kalimantan, Indonesia.Earlier thi…
ANNUAL REPORT REVIEW — NEWS ROUNDUP — Oroperu launches drill program
By mid-June, drills will be turning at the Minaspamba gold project in northern Peru, reports property owner Oroperu Resources (CDN).The program will explore a brecciated, mineralized zone exposed over…
PEOPLE — IVANHOE GOLDFIELDS
T. Haddon appointed president and chief executive officer.
SOUTHEAST ASIA SPECIAL — Hyder CoW gets government nod
Vancouver-listed Hyder Gold (VSE) has received government approval for a contract of work on the Tabulus property in Central Kalimantan, Indonesia,The junior will buy a 90% interest in the 46,600-hect…
PEOPLE — INT’L NORTHLAND
Richard Brissenden appointed president and director.
SOUTHEAST ASIA SPECIAL — Asia Pacific Resources develops Thai potash project
Potash may not be as sexy as gold, but Asia Pacific Resources (TSE) has nevertheless seen its issue jump from a trading level of $3 per share at this time last year to a recent high of $11.The company…
PEOPLE — INT’L HOMESTEAD (May 27, 1996)
Patrick O’Brien, Frank Puscas and Christopher Chu elected directors; Peter Short appointed vice-president of finance.
PEOPLE — INT’L CALNEVA GOLD (May 27, 1996)
Scott Baxter appointed chief executive officer, president and director; Ian Macdonald appointed vice-president, secretary and director; William Bellington and Shraga Dachner appointed directors.
HRC and Inmet file bid on Ethiopian play
A gold operation in southern Ethiopia is attracting the interest of Inmet Mining (TSE) and HRC Development (VSE).The former hopes to acquire the Legadembi gold mine from the Ethiopian government and i…
PEOPLE — GRANGES (May 27, 1996)
C. Ogryzlo appointed director.