PEOPLE — LA PLATA (October 07, 1996)
John James appointed director.
News
PEOPLE — FREEPORT-McMORAN (October 07, 1996)
Joseph Molyneux appointed assistant vice-president; Debra Sebastian appointed director of facilities management; and Nicholas Banner appointed deputy director of security.
PEOPLE — CANADIAN STATES (October 07, 1996)
Harvey Keats appointed president and chief executive officer.
PEOPLE — ASHANTI GOLDFIELDS
Trevor Schultz appointed director and chief operating officer; Merene Botsio-Phillips appointed general-counsel and director.
PEOPLE — ALPINE EXPL. (October 07, 1996)
Donald Nicholson appointed director.
LME Warehouse Levels (October 07, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.30/96 (change from previous week in brackets):Copper239,500(-17,125)Tin10,285(+310)Lead117,975(+425)Zinc549,850(+800)A…
Gold Funds (October 07, 1996)
Gold Funds as of September 26, 1996BGRCentralNet Value$24.49$6.33Price$18.70…
PEOPLE — BALACLAVA INDUSTRIES
Simon Ridgway appointed director.
NEWS ROUNDUP — Goldcorp, Minorca team in Indonesia
Goldcorp (G-TSE) and Minorca Resources (MAR-T) will jointly explore properties in Indonesia.An agreement gives Goldcorp the right of first refusal for up to half of any Indonesian property acquired by…
NEWS ROUNDUP — Barrick drops Cerro Corona play
The Cerro Corona gold-copper project in Peru is no longer of interest to Barrick Gold (ABX-T).The major has decided not to proceed with development, citing its inability to establish a deposit of sati…
NEWS ROUNDUP — EPA fines Cyprus for discharge
A subsidiary of Cyprus Amax Minerals (CYM-N) will pay a fine of US$760,000 for having discharged contaminated water from the Bagdad copper mine in central Arizona.Cyprus Bagdad Copper will pay US$285,…
Fairstar Explorations takes over the Fenelon gold property in Quebec
The Fenelon gold property in the Casa Berardi area of northwestern Quebec is now in the hands of Fairstar Explorations (FFR-M).The company increased its interest to 54% from 45%, making it the majorit…