PEOPLE — AGARWAL
Benno Patsch appointed director.
News
Gold Funds (August 14, 1995)
Gold Funds as of August 8BGRCentralNet Value$17.99$6.53Price$13.50$6.25Discount24.95%4.3%Value$140,649,000$113,120,625…
PEOPLE — REPUBLIC GOLDFIELDS (August 14, 1995)
Michael De Rosa appointed chairman; Jack Belton appointed president; Uldis Abolins appointed vice-president.
PEOPLE — CAMBIEX
Jean Depatie appointed president and chief executive officer.
Labrador News Roundup — Pacific Golden locates gossan
Preliminary field work on ground held by Pacific Golden Spike Resources (VSE) in the Voisey Bay area of Labrador is turning up sulphide mineralization.The identified gossan measures more than 2 km in …
Labrador News Roundup — Pallaum, Swannell test anomalies
Exploration crews have started ground checks of magnetic and electromagnetic anomalies on properties held by the Labrador Nickel Syndicate, a joint venture of Pallaum Minerals (ASE) and Swannell Miner…
Labrador News Roundup — Gossans found at Harp Lake
Boot-and-pick prospecting in the Harp Lake area, southwest of Voisey Bay, has revealed nine gossan zones in coarse anorthosite host rocks. Leicester Diamond Mines (VSE) reports the gossans contain iro…
Labrador News Roundup — Niatak assays confirm samples
Assays on drill cores from the Niatak Island sulphide showings, 30 km east of the Voisey Bay deposit, confirmed the results of earlier surface sampling.Goldnev Resources (VSE) and Starcore Resources (…
Rio enjoys solid second quarter
Increased copper production, higher copper prices and the acquisition of the Metal Goods division helped Rio Algom (TSE) post solid revenue and earnings figures for the second quarter.The company earn…
Madsen drilling Red Lake property
An underground drilling program has expanded proven and probable reserves by 9% to 907,000 tons grading 0.29 oz. gold per ton at the Madsen gold mine near Red Lake, Ont.The mine, owned by Madsen Gold …
Minco lands joint venture in China
Following a due diligence visit to China, Minco Mining & Metals (VSE) has signed a joint-venture agreement with the Szechwan Bureau of Geology & Mineral Resources (SBGMR).The agreement enables Minco t…
Lacklustre first half for Placer
Significantly higher exploration expenditures, along with lower gold-related income and an investment writeoff, were experienced by Placer Dome (TSE) in the first half of 1995.The company netted US$12…