Cominco buys stake in Anvil Range
Base metal miner Cominco (CLT-T) has purchased 4.1 million shares of Anvil Range Mining (ARO-T) at $2.30 per share through a recent private placement.Gross proceeds of $9.4 million were paid to Anvil …
Base metal miner Cominco (CLT-T) has purchased 4.1 million shares of Anvil Range Mining (ARO-T) at $2.30 per share through a recent private placement.Gross proceeds of $9.4 million were paid to Anvil …
Montreal-based KWG Resources (KWG-T) can earn up to an 80% interest in seven gold properties held by Buccaneer Mining in the Magadan region of Far Eastern Russia.The agreement also covers three Russia…
Determined to become a bigger player in Kalimantan, Indonesia, junior gold explorer International Pursuit (IPJ-T) is attempting a takeover of its partner, Dayak Goldfields (DAYK-C).Pursuit has offered…
Quebec City-based Virginia Gold Mines (VIA-M) has discovered a new zone of gold mineralization at its Auclair property, in the James Bay area of northern Quebec.The zone is hosted in iron formation an…
The Koktasjal deposit of Ursa Major International (FFR-M) lies in the Koktasjal licence area, not in the Nirinsk licence area. Also, the Nirinsk licence area is 210 km northwest, not northeast, of Kar…
River Gold Mines (RIV-T) has bought the Magnacon mill near Wawa, Ont., from Golden Goose Resources (GGR-T), Windarra Minerals (WRA-T) and Westward Explorations (WWE-V). In return, Golden Goose will re…
Gold resources at the Andacollo mine in Chile increased by 30% in 1996, compared with the previous year’s figures.The mine, owned by Dayton Mining (DAY-T), was calculated as hosting 130 million tonnes…
Toronto-based Campbell Resources (CCH-T) produced a record 124,800 oz. gold in 1996, representing a 4% increase over 1995.From the Joe Mann gold-copper mine in Quebec, Campbell extracted 70,400 oz.gol…
Minco Mining & Minerals (MMM-V) will earn an undisclosed interest in the Gala gold mine in central China.The mine, which has been in production since 1993, is about 15 km from the city of Ganzi in Sic…
Fred Bart appointed chairman.
Rudy de Jonge appointed director.
Gerry McIlhargey appointed director and president.
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