NEWS IN BRIEF (September 18, 1995)
Consolidated Golden Lion Resources Ltd. (CLU:VSE) has changed its name to Americ Resources Corp. (ARW:VSE) on a 1-new-sh-for-4.5-old-shs basis.
News
Platinova beefs up zinc play
This year’s drill program at the Peary Land zinc property in northeastern Greenland has added 7 km to the previously indicated 3-km trend of zinc mineralization.Platinova A/S (TSE) carried out its 34-…
Adrian looking at feasibility for Petaquilla
Adrian Resources (TSE) is investigating the feasibility of commencing production at the Petaquilla polymetallic property and adjacent exploration concessions in northern Panama.Fluor Daniel Wright has…
PEOPLE — WORLD WIDE — Paul Carroll appointed chairman; James Wade appointed executive vice-president; John Ivany appointed president; Paul Roberts appointed senior vice-president of exploration; Derek Buntain appointed senior vice-president of finance; William Tynkaluk, Gordon McCreary and Richard Feng appointed directors.
GOLD FUNDS (September 18, 1995)
Gold Funds as of September 7BGRCentralNet Value$17.89$6.53Price$13.75$6.500Discount23.16%0.5%Value$139,906,000$117,645,450…
GREATEST VALUE TRADED, SEPT. 6-12
Value($000s)HighLowCloseChange Barrick Gold T115995$36 1/83436+1 7/8Placer Dome T105607$37 5/83537 1/2+2 1/4 Inco Ltd T104848$50 3/847 3/450+1 3/8Diamond Flds T81197$9684…
METALS COMMENTARY — Bullish markets are expected as most metal stocks decline
Despite heavy selling in all metals on the London Metal Exchange (LME) in August, steady business was reported by metals consumers, foundries, mills, and steel and stainless manufacturers.Market condi…
FACTS AND FIQURES — Vietnam attracting investors
From the start of its transition process, Vietnam’s foreign direct investment was expected to play a key role in upgrading the country’s infrastructure and productive capacity, and it has done so. Dis…
CanGold to acquire Kazakh interests
The proposed acquisition of a private company would give Amalgamated CanGold (TSE) an interest in exploration licences comprising 25,000 sq. km in the former Soviet republic of Kazakhstan.The private …
MAC unveils a revised policy on the environment
The Mining Association of Canada (MAC) has released a revised environmental policy that will apply to the worldwide operations of its member companies.The new policy, which was developed by the enviro…
Voisey Bay discovery focus of CIM luncheon meeting
Richard Garnett, a director of Diamond Fields Resources, will discuss the discovery and development of Labrador’s Voisey Bay project at a luncheon meeting on Sept. 21. The event will be hosted by the …
Stratabound pulls sulphides
With seven drill holes completed at its Taylor Brook property, Stratabound Minerals (ASE) has announced mineralized intersections ranging from 3.6 to 29 metres.All seven holes drilled on the property,…