World Wide to merge with Kazakstan Goldfields
A proposed merger between World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) will create the largest foreign-owned mining company in Kazakstan.The surviving entity, World Wide Minerals, wil…
News
NEWS IN BRIEF (December 02, 1996)
Tonopah Resources (TON-V) has changed its name to Goldzone Exploration (GZ-V) on a 1-new-for-5-old-share basis.
EXPLORATION ROUNDUP — Atapa puts Indonesian gold projects on fast track
By focusing on past-producing properties, Toronto-based junior Atapa Minerals (ATAP-C) has secured itself as one of the leaders in Indonesia’s exploration play.The company is exploring the 101,400-ha …
EXPLORATION ROUNDUP — Juniors launch search for Carlin-type gold
Nothing succeeds like success, which is why Charles Fipke is applying an adapted version of the technology he used to discover diamondiferous kimberlites in Canada’s North to the international search …
PEOPLE — SOUTH CROFTY (December 02, 1996)
Peter Barnes appointed chief financial officer and director.
PEOPLE — SANTA FE PACIFIC GOLD (December 02, 1996)
Ronald Parratt appointed vice-president of exploration.
PEOPLE — SALUS RES. (December 02, 1996)
Craig Angus and Alfred Angus appointed directors; Scott Angus appointed president.
PEOPLE — RODERA DIAMOND (December 02, 1996)
Donald Huston appointed director.
PEOPLE — RDG MINERALS (December 02, 1996)
W. Clarke appointed chairman; Antonio Papa appointed president, chief executive officer and director; John Perrone appointed director and treasurer; Kenneth Adessky appointed director and secretary; D…
GOLD FUNDS (December 02, 1996)
Gold Funds as of November 21, 1996BGRCentralNet Value$22.82$6.16Price$18.35$6.350Discount19.60%Premium3.1%Value$169,597,000$114,930,555…
LME WAREHOUSE (December 02, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.25/96 (change from previous week in brackets):Copper96,125(-6,075)Tin9415(+180)Lead116,375(+1600)Zinc530,050(-4,700)Alu…
EXPLORATION ROUNDUP — Sulphide discovery changes picture at Cerro Casale
It would seem there is more to Chile’s Aldebaran project than meets the eye.The discovery of deep-seated sulphide gold-copper mineralization extending beneath the Cerro Casale oxidized gold deposit ha…