PEOPLE — BOLIVAR GOLDFIELDS
Miguel Angel de la Campa appointed president and Mauro Coppola appointed senior vice-president and director.
News
GOLD FUNDS (July 03, 1995)
Gold Funds as of June 27BGRCentralNet Value $18.21$6.84Price $14.75$7.00Discount19.02%Premium2.3%Value$142,407,000$126,695,100…
NEWS IN BRIEF (July 03, 1995)
Forester Resources (FRR:VSE) has changed its name to Tullaree Resources (TUL:VSE) on a 1-new-for-5-old-share basis.
Correction (July 03, 1995)
Echo Bay Mines (TSE) can acquire 65.67% of Etruscan Enterprises’ (VSE) 67% interest in the Kom Bangou gold property in Niger for US$20 per oz. gold for the first million ounces produced, and US$25 per…
PEOPLE — LAGUNA GOLD
Laurence Marsland appointed president; James McGowen appointed chairman; George Mallon appointed vice-chairman; and Robert Monroe appointed director.
PEOPLE — DAKOTA MINING (July 03, 1995)
Gerald McCarvill and David Birkenshaw elected to the board of directors.
Eldorado board rejects Glamis bid
After assessing the unsolicited takeover bid of Glamis Gold (TSE), the board of directors of Eldorado (TSE) has unanimously rejected the offer as being “inadequate and not in the best interests of Eld…
Teck to option Yamana property
Argentine explorer Yamana Resources (TSE) has granted Teck (TSE) the right to acquire up to a 60% interest in its gold project in the province of Santa Cruz.Yamana holds interests in 76 properties in …
Spot prices at a glance (July 03, 1995)
Wednesday, June 28Week’sPrice (US)ChangeGold*$389.30-$1.40Silver*$5.33-$0.16Platinum*$442.00-$0.75Nickel**$3.71+$0.20Lead**$0.28+$0.01Copper $1.38-$0.03Zinca$0.46+$0.01Cou…
Challenger to acquire ground in Burkina Faso
Cayman Islands-based Challenger Minerals (VSE) expects to be granted a licence covering a 400-sq.-km concession in Burkina Faso, West Africa.The Tafogo area lies between the Bouroum property of Channe…
Princess buys stake in Kazakh deposit
Vancouver-listed Princess Resources will pay US$70 million for all the shares of Consolidated Mines of Kazakhstan, which holds a 22.5% indirect interest in the Vasilkovskoye gold property in northern …
Hodgson and Elliott to head Ontario’s mining-related ministries
Newly elected Ontario Premier Michael Harris has sworn in his new cabinet, and, accordingly, the province’s mining industry has two Progressive Conservative ministers with whom to get acquainted.Chris…