PEOPLE — Pincock Allen & Holt (November 15, 1999)
Robert McKnight appointed vp Canadian operations; Alva Kuestermeyer appointed director of New York operations.
News
Orvana firms up Don Mario royalty
Orvana Minerals (ORV-T) has raised US$1 million to finance development of the Don Mario gold property in eastern Bolivia. In return, the company has granted a 3% net smelter return royalty to Repadre …
DIAMOND PAGE — Twin Gold boosts Ungava land position
The discovery of high-quality diamonds has prompted Toronto-based Twin Gold (TWG-T) to expand further its land position in the Torngat Mountains of northwestern Quebec.Two newly granted exploration pe…
PEOPLE — Homestake (November 15, 1999)
Gregory Lang appointed vp Australia and managing director.
Far West, Canarc to drill in Mexico
Far West Mining (FWM-A) and a subsidiary of Canarc Resources (CCM-T) will jointly drill the Lobo 10 silver/base metal property in the Zacatecas district of Mexico.The 2,000-metre program will target s…
PEOPLE — Nevada Pacific (November 15, 1999)
Joseph Kajszo appointed president.
NEWS ROUNDUP — Yamana finances mine development
Northgate Exploration (NGX-T) will provide US$4 million to Yamana Resources (YRI-T) to develop the Bacon silver project in southern Argentina.Yamana intends to build a small underground mine on the Ve…
PEOPLE — JSS Res. (November 15, 1999)
Theo Sanidas appointed president.
DIAMOND PAGE — Aber gets nod from environment minister
Aber Resources’ (ABZ-T) 40%-owned Diavik diamond project in the Northwest Territories has moved one step closer to production.Federal Environment Minister David Anderson concluded that the project is …
TSE INDICES (November 15, 1999)
1999Nov. 9Nov. 8Nov. 5Nov. 4Nov. 3HighLowComposit…
Meetings (November 15, 1999)
Nov 15 Anaconda UraniumNov 15 Cierra PacificNov 15 Continental PreciousNov 15 DetecNov 15 EverestNov 16 GladiatorNov 16 GoldwaterNov 16 SolitaireNov 17 Cons. MagnaNov 17 Indo PacificNov 17 Minera Sier…
Philex losses shrink in latest quarter
Lower production costs offset lower realized gold prices for Philex Gold (PGI-T) in the third quarter of the year, shrinking the company’s loss figures.Toronto-based Philex lost US$1.5 million (or US4…