Iamgold finances African programs
A private placement valued at $15 million will aid privately owned Iamgold in its West African initiatives.The company will use the proceeds to acquire, explore and develop precious metal properties.I…
Articles by Northern Miner Staff
PEOPLE — INT’L COPPER
Christopher Lee appointed program director of environmental division; Konrad Kundig appointed director of communications and technical information services; Brian Moreton appointed vice-president of E…
PEOPLE — EMPEROR GOLD (August 07, 1995)
Arthur Troup and Ross Guenther appointed directors.
PEOPLE — CYPRUS AMAX (August 07, 1995)
Christopher Crowl named director of organizational services.
PEOPLE — BORON CHEMICALS (August 07, 1995)
Robert Cogliandro appointed vice-president.
DIAMOND NEWS ROUNDUP — Aber gears up for bulk sampling work at Diavik project
At the Diavik project near Lac de Gras, N.W.T., a 1-km-long decline is being driven to the 155-metre level in preparation for bulk sampling, to begin in the new year.Aber Resources (TSE) holds a 40% i…
STOCK MARKETS — GREATEST VALUE TRADED, JULY 26-AUGUST 1
Exchange Value($000s)HighLowCloseChange Barrick Gold T126650$35 3/833 7/835 3/8+3/4Placer Dome T117249$36 7/83435 1/2-1Inco Ltd T110618$46 5/84545-7/8Falconbridge T59748$29…
GOLD FUNDS (August 07, 1995)
Gold Funds as of August 1BGRCentralNet Value$18.05$6.60Price$13.88$6.375Discount23.13%3.4%Value$141,116,000$115,383,038…
Gold-hungry Barrick spreads wings
Taking a decidedly aggressive approach to mine-finding, Barrick Gold (TSE) has announced plans to spend US$30 million within several underexplored areas of West Africa and China.In Mali, drilling will…
Geologist shot by Shining Path
After nearly two years of relative peace in Peru, the Sendero Luminoso, or Shining Path, has resumed its terrorist activities in some parts of the country. On July 3, a geologist working for Minera Lo…
LETTERS TO THE EDITOR — Engineers deserve bonus system
I was interested in one of your front-page articles, which appears to encourage cash rewards for exploration successes (“Exploration incentive bonus spurs Troilus discovery team,” T.N.M., July 3/95). …
TSE SHORT POSITIONS (August 07, 1995)
Short positions outstanding at July 15, 1995.Larger individual positions included: Abacan Res. 116,500; Aber Res. 43,700; Agnico-Eagle 172,830; Anderson Expl. 25,900; Archer 74,800; Arimetco 323,400; …