PEOPLE — INT’L CALNEVA GOLD (February 26, 1996)
Scott Baxter appointed chief executive officer and president; Ian Macdonald appointed vice-president and secretary; Shraga Dachner appointed director.
News
Investors fund gold exploration in Timbuktu
Timbuktu Gold (ASE) has completed the private placement of 4 million shares at $1.30 per share for net proceeds of $4.8 million.The company will use the funds for exploration of its properties in Mali…
ODDS’N’SODS — Common sense, time management will stand the test of time
Outstanding physical and mental attributes were required of workers in the demanding and dangerous business of excavating raises in the mines of yesteryear.John Rozek was a miner possessive of these a…
Vancouver CIM to host student awards
The Vancouver branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will hold its annual Student Awards Night on Feb. 29 at the Stanley Park Pavilion.Technical exhibits by students …
Manitoba program funds 36 projects
Manitoba’s Mineral Exploration Assistance Program (MEAP) has approved 36 programs for funding, and will provide the projects with $2.7 million.The program, which underwrites up to 35% of qualifying mi…
Atapa acquires more ground in Indonesia
Toronto-based Atapa Minerals (CDN) has signed its second joint-venture agreement with PT Aneka Tambang (ANTAM) to explore and develop the latter’s properties in Java, Indonesia.Atapa’s new agreement w…
Nugget Resources exploring for Indonesian gold
Another Canadian junior, Nugget Resources (ASE), is joining the search for Indonesian gold.Nugget has obtained the exclusive option to buy a 5,000-hectare property, which lies on a gold-bearing trend …
Toronto Stock Exchange (February 26, 1996)
1996 Feb 20Feb 19Feb 16Feb 15Feb 14HighLowComposite”300″4963.805026.375044.605026.095059.695066.793983.34Metals&Minerals5145.515232.805278.455221.955256.985382.203273.56Integrated M…
Auriginor buys Voisey’s Bay interests
Montreal-listed Auriginor Exploration has acquired a 32% share of eight claim blocks from Palace Explorations (ME) in the Voisey’s Bay and Harp Lake regions of Newfoundland.To earn its interest in the…
STOCK MARKETS — Western markets manage to sustain recent momentum
Western markets managed to hold on to recent gains over the report period ended Feb. 20, despite gold’s slide below the US$400-per-oz. level.The Vancouver Stock Exchange composite index touched a new …
STOCK MARKETS — TSE slides as gold continues to atrophy
Interest rate worries set off a round of selling on the Toronto Stock Exchange last week, and the TSE 300 composite index had fallen to 4,963.80 by the close of trading Feb. 20. The close represented …
Golden Shamrock to up production in Ghana
Despite a decrease in production and an increase in cash costs over the past year, Golden Shamrock Mine (TSE) is looking to turn its operations around in 1996.Production at the Iduapriem gold mine in …