PEOPLE — YANKS PEAK RESOURCES (January 11, 1993)
Carl Forbes appointed director.
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PEOPLE — CONSOLIDATED CAMBRIDGE MINES (January 11, 1993)
Elaine Ryckman appointed director.
PEOPLE — AMARADO RESOURCES (January 11, 1993)
Bruce McDonald and Murray Sinclair appointed directors.
Sopko to speak at CIM dinner
Guest speaker at a “student’s night” dinner Jan. 21 at Toronto’s Royal York Hotel will be Michael Sopko, chairman and chief executive officer of Inco Ltd. The dinner is sponsored by the Canadian Insti…
PEOPLE — PROFCO RESOURCES
John McAskill appointed president; John Fleming, Robert Atkinson and W. Black appointed directors.
Cogema enters option agreement with Eastfield at Spanish
A recent agreement between Eastfield Resources (VSE) and Cogema Canada gives Cogema the right to earn a 51% interest in the Spanish Mountain property in northern British Columbia. Cogema can earn the …
PEOPLE — ECHO BAY MINES
Robert Armstrong elected executive vice-president, operations.
Two additional holes drilled at Moss Lake
Two additional drill holes have been completed by Central Crude (TSE) on its Moss Lake gold property 50 miles west of Thunder Bay, Ont. Both holes encountered low-grade gold mineralization. The best i…
Canada leads in uranium output
Canada remains the leading producer and exporter of uranium in the Western World, according to a recent study by the federal department of Energy, Mines and Resources. In 1991, Canada produced more th…
STOCK MARKETS — Diamond issues fall on Tenby report, Joutel
Investors in the gold and diamond market found little to cheer about in the first days of the new year as bullion tumbled to a 7-year low and diamond stocks responded to a “disappointing” news release…
GOLD FUNDS (January 11, 1993)
BGR Central Net Value $7.99 $5.07 Price $6.25 $4.50 Discount 21.82% 11.2% Value $45,448,000 $75,709,350.
NEWS ROUNDUP — Homestake buys Prime shares
A Canadian subsidiary of Homestake Mining (NYSE) recently acquired 2.03 million shares of Prime Resources Group (VSE), thereby increasing its total holdings to about 54% of Prime’s outstanding shares….