PEOPLE — LA PLATA (December 22, 1997)
John James appointed president; A.C. Richardson appointed director.
1997
US tailings dam wins rehabilitation award
A tailings dam in St. Francois Cty., Mo., has been named National Rehabilitation Project of the Year.The award, which is given out by the Association of State Dam Safety Officials, recognizes “the use…
Swiss aid for Noril’sk
Russia’s Noril’sk Kombinat has secured a US$55-million loan from a Swiss-based bank to improve its operations.The first installment of the loan, which was provided by Union Bank of Switzerland, is US$…
TSE Short Positions (December 22, 1997)
Short position outstanding at November 30, 1997Larger individual positions include: Athabaska Gold 125,000, up 125,000; Barrick Gold 11,179,390, down 551,576; Campbell Resources 4,168,578; Echo Bay 85…
Altavista raises funds for Santa Anna drilling
Altavista Mines (AIA-M) has raised a total of $829,000 to finance the latest phase of drilling at its Santa Anna gold project in northwestern Quebec.Altavista closed on an initial $429,000 of a $650,0…
Armada secures funds for Erdmin project
Armada Gold (AAU-T) has secured financing to continue its expansion of the Erdmin copper plant in Mongolia.The second phase of the expansion is designed to boost daily copper output to 60 from 10 tonn…
Sulliden hits more copper-gold in Peru
Sulliden Exploration (SUE-M) has intersected additional porphyry copper-gold mineralization at its Peruvian project known as Las Huaquillas.In the San Antonio zone, diamond drill hole 17 intersected 1…
Viceroy options property
in Yukon mining districtViceroy Resource (VOY-T) has inked a deal with Eagle Plains Resources (epl-a) and Miner River Resources (MRG-G) whereby it can earn a 70% interest in the 29-claim McQuesten pro…
Teck, MM Gold pull out of Masao 13 NEWS IN BRIEF
Teck (TEK-T) and Australian producer MM Gold have scrapped a proposal to explore jointly the Masao gold project of South Pacific Resources (SHF-A) in Kalimantan, Indonesia.Teck and MM Gold decided aga…
Terrorists bomb Greek government office — Protest against TVX Olympias project injures police officer
Saying it was protesting plans by TVX Gold (TVX-T) to develop the Olympias gold project in northern Greece, a terrorist faction called the Fighting Guerrilla Formation exploded a bomb at the office of…
Naneco eyes Chinese prospect
Naneco Minerals (NNE-A) can acquire a 70% interest in a lead-zinc-silver mine in northern China if its takeover of a private Canadian firm proceeds as planned.The company is set to acquire British Col…
Companies (December 22, 1997)
Altavista MinesAlto MineralsArmada GoldAshanti GoldfieldsAtlasAtna ResourcesAuspex MineralsBreakwater ResourcesCamecoComincoConsolidated Brightwork ResourcesCumberland ResourcesDonner MineralsEagle Pl…