PEOPLE — NOBLE METAL
Irvin Olsen appointed director.
News
Sahelian to gain stake in Poura
A share transaction valued at $3 million will allow Sahelian Goldfields (SHGI-C) to acquire rights to the Poura gold mine in Burkina Faso, West Africa.The Toronto-based junior plans to acquire a 90% i…
PEOPLE — NEW GUINEA GOLD (February 17, 1997)
Peter McNeil appointed president.
PEOPLE — MIT VENTURES (February 17, 1997)
Ramon Mabanta appointed director.
PEOPLE — MARSHALL MINERALS
Christopher Marlett appointed president.
THE DIAMOND PAGE — Chinese diamond deal revised
Amendments have been made to an option agreement allowing Kensington Resources (KRT-V) to buy 50% interests in three diamond joint-ventures in China’s Shandong province.The agreement affects Kensingto…
PEOPLE — LEH VENTURES (February 17, 1997)
Craig Thomas, Michael DuMont and Dale Wallster appointed directors.
PEOPLE — JORDEX (February 17, 1997)
C. Ogryzlo appointed director.
PEOPLE — INT’L RSV
Frank Hallam and Ross Wilmot appointed directors; Shafiq Nazerali appointed vice-president of finance.
PEOPLE — FORTUNE RES.
Kenneth Sherlock appointed director.
PEOPLE — ESSEX RES. (February 17, 1997)
Peter Dunfield appointed director and chief financial officer.
Prime aglow over ’96 earnings
Prime Resources Group (PRU-T) enjoyed higher earnings and increased gold production in 1996.The company earned $42.1 million (or 55 cents per share) on revenue of $198.7 million, compared with $36.5 m…